places/travel 20 Countries with the Best Interest Deposit Rates

CEORick
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Looking for the best deposit rates? Interest deposit rates are a punchline in the USA, but deposit rates elsewhere...? You're in luck, and you're also in for a surprise. The following list is ranked based on the interest rate paid by each country's banks for time, demand, and savings deposits. Turkey came in first with a whopping 22.9%, followed by Moldova and Venezuela.

The highest interest rates in the world can be found all over the globe. Read on to learn more about the highest interest rate in the world, and the varying country interest rates.

Source: World Bank

1
Turkey is listed (or ranked) 1 on the list 20 Countries with the Best Interest Deposit Rates
Turkey Ankara - 22.9

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2
Moldova is listed (or ranked) 2 on the list 20 Countries with the Best Interest Deposit Rates
Moldova Chișinău - 17.9

3
Venezuela is listed (or ranked) 3 on the list 20 Countries with the Best Interest Deposit Rates
Venezuela Caracas - 16.2

4
Yemen is listed (or ranked) 4 on the list 20 Countries with the Best Interest Deposit Rates
Yemen Sana'a - 13

5
São Tomé and Príncipe is listed (or ranked) 5 on the list 20 Countries with the Best Interest Deposit Rates
São Tomé and Príncipe São Tomé - 12.8

6
Vietnam is listed (or ranked) 6 on the list 20 Countries with the Best Interest Deposit Rates
Vietnam Hanoi - 12.7

7
Azerbaijan is listed (or ranked) 7 on the list 20 Countries with the Best Interest Deposit Rates
Azerbaijan Baku - 12.2

8
Myanmar is listed (or ranked) 8 on the list 20 Countries with the Best Interest Deposit Rates
Myanmar Naypyidaw - 12

9
Nigeria is listed (or ranked) 9 on the list 20 Countries with the Best Interest Deposit Rates
Nigeria Abuja - 12

10
Brazil is listed (or ranked) 10 on the list 20 Countries with the Best Interest Deposit Rates
Brazil Brasília - 11.7

11
South Africa is listed (or ranked) 11 on the list 20 Countries with the Best Interest Deposit Rates
South Africa Bloemfontein, Cape Town, Pretoria - 11.6

12
Madagascar is listed (or ranked) 12 on the list 20 Countries with the Best Interest Deposit Rates
Madagascar Antananarivo - 11.5

13
Mongolia is listed (or ranked) 13 on the list 20 Countries with the Best Interest Deposit Rates
Mongolia Ulan Bator - 11.2

14
Argentina is listed (or ranked) 14 on the list 20 Countries with the Best Interest Deposit Rates
Argentina Buenos Aires - 11

15
Mozambique is listed (or ranked) 15 on the list 20 Countries with the Best Interest Deposit Rates
Mozambique Maputo - 11

16
Sri Lanka is listed (or ranked) 16 on the list 20 Countries with the Best Interest Deposit Rates
Sri Lanka Sri Jayawardenapura Kotte - 10.9

17
Georgia is listed (or ranked) 17 on the list 20 Countries with the Best Interest Deposit Rates
Georgia Tbilisi - 10.4

18
Dominican Republic is listed (or ranked) 18 on the list 20 Countries with the Best Interest Deposit Rates
Dominican Republic Santo Domingo - 10.3

19
Mauritius is listed (or ranked) 19 on the list 20 Countries with the Best Interest Deposit Rates
Mauritius Port Louis - 10.1