Libya Deposit Rate
Deposit interest rate FR.INR.DPST
Libya's deposit rate was 2.50% in 2014, ranked 46th globally. This represents a 0.0% increase from 2013. Data from World Bank, covering 1968–2014.
Overview
Libya's deposit rate stood at 2.50% in 2014, a rise of +0.00pp from 2013. Libya ranked 46th globally.
Libya’s deposit rate has drifted downward over the 42‑year span covered by World Bank data, falling from an initial 3.50 % in 1968 to a low of 2.08 % in 2004, the all‑time trough, before modestly rebounding to 2.50 % in 2014, which placed the country 46th globally. The peak of 5.50 % recorded in 1993 marked the highest level of remuneration for bank deposits during the period, reflecting a markedly tighter monetary stance at that time. By contrast, the 2014 figure is closely aligned with peers such as the Kyrgyz Republic at 2.49 % and Barbados at 2.51 %, suggesting Libya now operates within a narrow band of regional deposit rates. The gradual decline from the early 1990s peak indicates a sustained easing of policy rates, likely driven by efforts to stimulate credit growth and address inflationary pressures. Future movements will depend on the Central Bank’s response to fiscal deficits and external shocks, which could either reinforce the low‑rate environment or prompt a reversal toward higher deposit yields.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2014 | 2.50% | +0.00pp | #46 |
| 2013 | 2.50% | +0.00pp | #41 |
| 2012 | 2.50% | +0.00pp | #36 |
| 2011 | 2.50% | +0.00pp | #34 |
| 2010 | 2.50% | +0.00pp | #34 |
| 2009 | 2.50% | +0.00pp | #28 |
| 2008 | 2.50% | +0.00pp | #23 |
| 2007 | 2.50% | +0.00pp | #16 |
| 2006 | 2.50% | +0.38pp | #19 |
| 2005 | 2.13% | +0.04pp | #20 |
| 2004 | 2.08% | −0.92pp | #22 |
| 2003 | 3.00% | +0.00pp | #26 |
| 2002 | 3.00% | +0.00pp | #20 |
| 2001 | 3.00% | +0.00pp | #16 |
| 2000 | 3.00% | −0.21pp | #8 |
Detected Pattern
Analysis
Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Libya's deposit rate was 2.50% in 2014. Ranked 46th globally. This represents a 0.0% increase from the previous year.
Libya's deposit rate peaked at 5.50% in 1981.
The lowest deposit rate in Libya was 2.08% in 2004.
Libya ranks 46th globally in deposit rate as of 2014.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Libya in 2014 was 2.50%. This ranks 46th in the world.
Cite this page
@misc{historysaid_libya_deposit-rate,
title = {Libya Deposit Rate},
url = {https://historysaid.com/libya/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}