Ethiopia: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 7.8 percent as of Q4 2024, an increase compared to the previous value of 7.7 percent. Historically, the average for Ethiopia from Q2 2019 to Q4 2024 is 7.79 percent. The minimum of 7.6 percent was recorded in Q3 2023, while the maximum of 8.07 percent was reached in Q2 2019.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Bank of Ethiopia
| Recent values | Ethiopia: Bank deposit interest rate, percent |
|---|---|
| 2024 Q4 | 7.8 |
| 2024 Q3 | 7.7 |
| 2024 Q2 | 7.68 |
| 2024 Q1 | 7.69 |
| 2023 Q4 | 7.6 |
| 2023 Q3 | 7.6 |
| 2023 Q2 | 7.61 |
| 2023 Q1 | 7.7 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 21.0 | 2024 | percent |
| Exchange rate regimes | 5 | 2023 | index points |
| USD exchange rate | 159.1640 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 2,796.20 | Q4/2024 | billion |
| Consumer Price Index (CPI) | 545.8970 | 12/2025 | index points |
| Inflation, monthly | -0.30 | 12/2025 | percent |
| Inflation, annual | 12.83 | 12/2025 | percent |
| Deposit interest rate | 7.80 | Q4/2024 | percent |
| Bank deposits, total | 3,071.74 | 6/2025 | billion local currency units |