5 Countries with Highest CD Rates in 2024

4. Turkey

Latest Interest Rate (February 2024): 45%

Turkey is fourth among the nations with the highest CD rates in 2024, with a notable interest rate of 45% in 2024. In addition, as of February 2024, the interest rate on deposits stands at 43.5% but the inflation rate surged to 64.86% in 2024 causing a concern.