5 Countries with Highest CD Rates in 2024

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1. Zimbabwe 

Latest Interest Rate (January 2024): 130%

Zimbabwe holds the top position among nations with the highest CD rates in 2024, with an interest rate as of January 2024 of 130%, which is extraordinarily high. This amount is significantly higher than the nation’s 81.95% average interest rate for the years 2019 through 2023. Notably, the deposit interest rate in Zimbabwe is 110%  which is greater than the country’s inflation rate of 47.6%. 

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