#bank #interest #savings #interestrate #Argentina #Turkey #Mozambique #Madagascar #Mongolia #Egypt, Arab Rep. #Ukraine #Azerbaijan #Nigeria #Uganda
Bank interest rate is the rate paid by commercial or similar banks for savings deposits.
Many interest rates coexist in an economy, reflecting competitive conditions, the terms governing loans and deposits, and differences in the position and status of creditors and debtors. In some economies interest rates are set by regulation or administrative fiat. In economies with imperfect markets, or where reported nominal rates are not indicative of effective rates, it may be difficult to obtain data on interest rates that reflect actual market transactions. Deposit and lending rates are collected by the International Monetary Fund (IMF) as representative interest rates offered by banks to resident customers. The terms and conditions attached to these rates differ by country, however, limiting their comparability. In 2009 the IMF began publishing a new presentation of monetary statistics for countries that report data in accordance with its Monetary Financial Statistical Manual 2000. The presentation for countries that report data in accordance with its International Financial Statistics (IFS) remains the same.
Top 100 Countries i2018
1.Argentina – 25.11%
2.Turkey – 23.35%
3.Mozambique – 13.55%
4.Madagascar – 12.75%
5.Mongolia – 12.44%
6.Egypt, Arab Rep. – 12.32%
7.Ukraine – 11.78%
8.Azerbaijan – 10.28%
9.Nigeria – 9.7%
10.Uganda – 9.38%
11.Suriname – 9.24%
12.Gambia, The – 9%
13.Sri Lanka – 8.85%
14.Georgia – 8.83%
15.Armenia – 8.66%
16.Honduras – 8.3%
17.Kenya – 8.29%
18.Tanzania – 8.2%
19.Myanmar – 8%
20.Lebanon – 7.72%
21.South Africa – 7%
22.Angola – 6.88%
23.Brazil – 6.87%
24.Zambia – 6.8%
25.Bangladesh – 6.66%
26.Haiti – 6.13%
27.Indonesia – 6.13%
28.Belarus – 5.92%
29.Namibia – 5.87%
30.Rwanda – 5.39%
31.Russian Federation – 5.36%
32.Pakistan – 5.23%
33.Guatemala – 5.17%
34.Uruguay – 5.12%
35.Congo, Dem. Rep. – 4.87%
36.Colombia – 4.71%
37.Vietnam – 4.68%
38.Moldova – 4.49%
39.Jordan – 4.38%
40.Sierra Leone – 4.07%
41.Costa Rica – 4.02%
42.Tajikistan – 3.84%
43.Sao Tome and Principe – 3.8%
44.Eswatini – 3.76%
45.Maldives – 3.66%
46.Ecuador – 3.63%
47.Qatar – 3.45%
48.Mauritius – 3.34%
49.Seychelles – 3.29%
50.Mexico – 3.27%
51.New Zealand – 3.26%
52.Jamaica – 3.24%
53.Malaysia – 3.14%
54.Philippines – 3.12%
55.Guinea – 3.1%
56.Morocco – 3.09%
57.Bolivia – 3.03%
58.Tonga – 2.84%
59.Samoa – 2.76%
60.Chile – 2.7%
61.Zimbabwe – 2.53%
62.Kyrgyz Republic – 2.42%
63.St. Kitts and Nevis – 2.08%
64.North Macedonia – 2.04%
65.Korea, Rep. – 2.03%
66.Bhutan – 2%
67.Belize – 2%
68.Australia – 1.98%
69.Cabo Verde – 1.86%
70.St. Vincent and the Grenadines – 1.82%
71.Algeria – 1.75%
72.Comoros – 1.75%
73.Kuwait – 1.67%
74.Antigua and Barbuda – 1.65%
75.Dominica – 1.63%
76.St. Lucia – 1.57%
77.San Marino – 1.53%
78.Botswana – 1.52%
79.China – 1.5%
80.Trinidad and Tobago – 1.5%
81.Lesotho – 1.39%
82.Grenada – 1.39%
83.Cambodia – 1.38%
84.Nicaragua – 1.32%
85.Kosovo – 1.31%
86.Romania – 1.3%
87.Thailand – 1.29%
88.Aruba – 1.2%
89.Guyana – 0.99%
90.Bosnia and Herzegovina – 0.98%
91.Bahamas, The – 0.84%
92.Albania – 0.75%
93.Timor-Leste – 0.64%
94.Israel – 0.56%
95.Vanuatu – 0.46%
96.Solomon Islands – 0.34%
97.Brunei Darussalam – 0.31%
98.Czech Republic – 0.28%
99.South Sudan – 0.18%
100.Singapore – 0.16%
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