Somalia - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Somalia was 25.00 as of 1989. As the graph below shows, over the past 20 years this indicator reached a maximum value of 25.00 in 1989 and a minimum value of 2.00 in 1969.

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
1969 2.00
1970 2.00
1971 2.00
1972 2.00
1973 2.46
1974 2.50
1975 4.00
1976 4.00
1977 4.00
1978 4.00
1979 4.04
1980 4.50
1981 5.50
1982 7.50
1983 8.50
1984 8.50
1985 14.00
1986 15.31
1987 16.25
1988 20.63
1989 25.00

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates