As of June 2024, the country with the highest deposit interest rate worldwide was Zimbabwe, where the interest rate was as high as ** percent. Second in the list came Turkey, where the interest rate reached ** percent.

In April 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in April 2025. In contrast, Russia maintained a high inflation rate of 10.2 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The average for 2023 based on 87 countries was 4.42 percent. The highest value was in Madagascar: 41.3 percent and the lowest value was in Zimbabwe: -73.54 percent. The indicator is available from 1961 to 2023. Below is a chart for all countries where data are available.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

European Union central banks navigated a complex economic landscape between 2022 and 2025, with interest rates initially rising across member states. However, a pivotal shift occurred in late 2023 as most countries began lowering their rates, reflecting the delicate balance between controlling inflation and supporting economic growth. In the Euro area, the European Central Bank (ECB) led this trend by cutting interest rates from 4.5 percent to 3.15 percent in 2024, implementing four strategic rate reductions throughout the year. This approach was nearly universally adopted, with Poland being the sole EU country not reducing its rates during this period. Global context and policy shifts The interest rate changes in the EU mirror similar movements in other major economies. The United States, United Kingdom, and European Union central banks followed remarkably similar patterns from 2003 to 2024, responding to shared global economic conditions. After maintaining near-zero rates following the 2008 financial crisis and the COVID-19 pandemic, these institutions sharply raised rates in 2022 to combat surging inflation. By mid-2024, the European Central Bank and Bank of England initiated rate cuts, with the Federal Reserve following suit. Varied approaches within the EU Despite the overall trend, individual EU countries have adopted diverse strategies. Hungary, for instance, set the highest rate in the EU at 13 percent in September 2023, gradually reducing it to 6.5 percent by September 2024. In contrast, Sweden implemented the most aggressive cuts, lowering its rate to 2.25 percent by February 2025, the lowest among EU members. These divergent approaches highlight the unique economic challenges faced by each country and the flexibility required in monetary policy to address specific national circumstances.

Argentina AR: Deposit Interest Rate data was reported at 94.997 % pa in 2023. This records an increase from the previous number of 52.417 % pa for 2022. Argentina AR: Deposit Interest Rate data is updated yearly, averaging 22.725 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 94.997 % pa in 2023 and a record low of 9.167 % pa in 2010. Argentina AR: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files.;;

This dataset provides values for DEPOSIT INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Uruguay Short Term Interest Rate

• Uruguay Short Term Interest Rates: Month End: Central Bank Bills: Peso: 3 Month was reported at 9.58 % pa in Feb 2025, compared with 9.41 % pa in the previous month.
• Uruguay Short Term Interest Rate data is updated monthly, available from Sep 2002 to Feb 2025.
• The data reached an all-time high of 155.00 % pa in Dec 2002 and a record low of 0.00 % pa in Oct 2019.
• Short Term Interest Rate is reported by reported by Central Bank of Uruguay.

• In the latest reports, Uruguay Long Term Interest Rate: Month End: Uruguay: Sovereign Debt Bond CUD Yield: 10 Years was reported at 2.74 % pa in Jul 2021.
• The cash rate (Policy Rate: Month End: Overnight Monetary Policy Rate) was set at 9.00 % pa in Feb 2025.
• Uruguay Exchange Rate against USD averaged 38.20 (USD/UYU) in Jun 2023.

Dominican Republic DO: Deposit Interest Rate data was reported at 7.181 % pa in 2016. This records an increase from the previous number of 6.561 % pa for 2015. Dominican Republic DO: Deposit Interest Rate data is updated yearly, averaging 10.348 % pa from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 21.117 % pa in 2004 and a record low of 4.856 % pa in 2010. Dominican Republic DO: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;

The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate. The table shows the latest available data from the national authorities as well as the values from three months ago and one year ago. The data are updated continuously.

Nepal NP: Deposit Interest Rate data was reported at 3.625 % pa in 2010. This records an increase from the previous number of 2.500 % pa for 2009. Nepal NP: Deposit Interest Rate data is updated yearly, averaging 11.958 % pa from Dec 1975 (Median) to 2010, with 30 observations. The data reached an all-time high of 14.583 % pa in 1976 and a record low of 2.250 % pa in 2007. Nepal NP: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Developing countries pay the highest interest payments on public debt as a share of their gross domestic product (GDP), with Zambia paying the highest rate at seven percent. Many developing countries rely on public debt to finance key investments, but a high debt burden means that funds need to be allocated to debt repayments.

The average for 2023 based on 7 countries was 8.91 percent. The highest value was in Brazil: 37.21 percent and the lowest value was in Argentina: -16.77 percent. The indicator is available from 1961 to 2023. Below is a chart for all countries where data are available.

This statistic presents the average credit card interest rate in Latin America in 2018, sorted by selected countries. The highest interest rate among the countries shown was found in Brazil, with an average interest of 312.9 percent. Argentina came in second, with 107.07 percent.

United States US: Lending Interest Rate data was reported at 3.512 % pa in 2016. This records an increase from the previous number of 3.260 % pa for 2015. United States US: Lending Interest Rate data is updated yearly, averaging 6.922 % pa from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 18.870 % pa in 1981 and a record low of 3.250 % pa in 2014. United States US: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

As of December 2024, the benchmark interest rate in Laos stood at 10.5 percent. Throughout 2024, the country has had the highest inflation in Southeast Asia. Myanmar followed with a benchmark interest rate of nine percent in 2024.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The International Bank for Reconstruction and Development (IBRD) loans are public and publicly guaranteed debt extended by the World Bank Group. IBRD loans are made to, or guaranteed by, countries that are members of IBRD. IBRD may also make loans to IFC. IBRD lends at market rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the Statement of Loans. The World Bank complies with all sanctions applicable to World Bank transactions.

Japan Causes of Suspension: High Interest Rates data was reported at 1.000 Case in Oct 2018. This records an increase from the previous number of 0.000 Case for Sep 2018. Japan Causes of Suspension: High Interest Rates data is updated monthly, averaging 108.000 Case from Jan 1971 (Median) to Oct 2018, with 574 observations. The data reached an all-time high of 311.000 Case in Dec 1999 and a record low of 0.000 Case in Sep 2018. Japan Causes of Suspension: High Interest Rates data remains active status in CEIC and is reported by Japanese Bankers Association. The data is categorized under Global Database’s Japan – Table JP.KA011: Suspension of Transaction with Bank.