Algeria - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Algeria was 1.75 as of 2021. As the graph below shows, over the past 26 years this indicator reached a maximum value of 16.58 in 1995 and a minimum value of 1.75 in 2006.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 16.58
1996 14.50
1997 12.60
1998 9.13
1999 8.25
2000 7.50
2001 6.25
2002 5.33
2003 5.25
2004 3.65
2005 1.94
2006 1.75
2007 1.75
2008 1.75
2009 1.75
2010 1.75
2011 1.75
2012 1.75
2013 1.75
2014 1.75
2015 1.75
2016 1.75
2017 1.75
2018 1.75
2019 1.75
2020 1.75
2021 1.75

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates