Notable means "noteworthy," "worthy of notice or attention." Noted means "celebrated," "famous," "distinguished," "eminent," "renowned." Although these terms have related meanings and are often used interchangeably, notable is more often applied to events or inanimate objects than noted is, and noted is more frequently applied to persons."This new model has had a notable success." "There has been a notable increase in company profits this year." "Dr. Popkin is a noted biologist." "This old lady was a noted beauty in her youth."
Dictionary of problem words and expressions. Harry Shaw. 1975.