Deposit Interest Rate in Egypt decreased to 7.10 percent in August from 7.40 percent in July of 2020. source: IMF

Deposit Interest Rate in Egypt averaged 9.06 percent from 1976 until 2020, reaching an all time high of 13.60 percent in December of 2017 and a record low of 3 percent in February of 1976. This page includes a chart with historical data for Deposit Interest Rate in Egypt. Deposit Interest Rate in Egypt - values, historical data and charts - was last updated on November of 2020.

Deposit Interest Rate in Egypt is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Egypt to stand at 5.90 in 12 months time. In the long-term, the Deposit Interest Rate in Egypt is projected to trend around 5.90 percent in 2021 and 5.40 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Egypt

Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.40 13.60 3.00 1976 - 2020 percent Monthly

Egypt Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.75 21.40 8.25 percent [+]
Money Supply M0 955011.00 890279.00 955011.00 68043.00 EGP Million [+]
Money Supply M1 1134247.00 1121357.00 1134247.00 33680.00 EGP Million [+]
Money Supply M2 4757186.00 4682916.00 4757186.00 161125.00 EGP Million [+]
Foreign Exchange Reserves 39220.00 39220.00 45510.00 10088.00 USD Million [+]
Banks Balance Sheet 5516806.00 5080570.00 5516806.00 156312.00 EGP Million [+]
Loans to Private Sector 1050323.00 1026569.00 1050323.00 220898.00 EGP Million [+]
Deposit Interest Rate 7.10 7.40 13.60 3.00 percent [+]
Lending Rate 9.25 9.75 19.75 9.25 percent [+]
Central Bank Balance Sheet 6505127.00 6165749.00 6584681.00 1198240.00 EGP Million [+]


Deposit Interest Rate in Egypt
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.