Iraq Deposit Rate
Deposit interest rate FR.INR.DPST
Iraq's deposit rate was 4.78% in 2016, ranked 86th globally. This represents a 1.6% decrease from 2015. Data from World Bank, covering 2004–2016.
Overview
Iraq's deposit rate stood at 4.78% in 2016, a decline of +0.08pp from 2015. Iraq ranked 86th globally.
Iraq’s deposit rate has fallen sharply over the 13‑year span from 2004 to 2016, sliding from a high of 7.10% in 2004 to an all‑time peak of 10.54% in 2008 before reaching a trough of 4.78% in 2016, the lowest level recorded in the series. The 2016 figure places Iraq at 86th globally, marginally above Ecuador’s 4.77% and just below Pakistan’s 4.83%, indicating that the country now shares a similar pricing environment with other emerging economies that have modestly priced savings. The decline reflects a broader regional trend of monetary easing after the global financial crisis, as central banks reduced policy rates to stimulate credit growth. Continued moderation in inflation expectations and a stable fiscal position could keep the deposit rate near its current trough, while any resurgence in inflationary pressures or tighter fiscal constraints might push the rate upward again.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2016 | 4.78% | −0.08pp | #86 |
| 2015 | 4.86% | −0.30pp | #93 |
| 2014 | 5.16% | −0.59pp | #93 |
| 2013 | 5.75% | −0.13pp | #98 |
| 2012 | 5.87% | −0.04pp | #93 |
| 2011 | 5.91% | −0.15pp | #89 |
| 2010 | 6.06% | −1.76pp | #86 |
| 2009 | 7.82% | −2.72pp | #90 |
| 2008 | 10.54% | +0.11pp | #115 |
| 2007 | 10.43% | +3.81pp | #118 |
| 2006 | 6.62% | +0.06pp | #86 |
| 2005 | 6.56% | −0.54pp | #87 |
| 2004 | 7.10% | – | #85 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's deposit rate was 4.78% in 2016. Ranked 86th globally. This represents a 1.6% decrease from the previous year.
Iraq's deposit rate peaked at 10.54% in 2008.
The lowest deposit rate in Iraq was 4.78% in 2016.
Iraq ranks 86th globally in deposit rate as of 2016.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Iraq in 2016 was 4.78%. This ranks 86th in the world.
Cite this page
@misc{historysaid_iraq_deposit-rate,
title = {Iraq Deposit Rate},
url = {https://historysaid.com/iraq/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}