Deposit interest rate — all countries

Deposit interest rate — Aruba

Deposit interest rate in Aruba in 2023 — 2.8%. Ranked 52 in the world out of 95. Since 1986, the indicator has fallen by 3.6 pp.

2023 2.8% +1 pp vs 2022
World rank 52of 95
Period maximum 6.7%1988
Period minimum 1.2%2018

Trend over time

1986–2023 · % per annum

Deposit interest rate — Aruba, 1986–20230246819861990199419982002200620102014201820221986: 6.4%1987: 6.58%1988: 6.7%1989: 6.7%1990: 6.7%1991: 6.55%1992: 5.89%1993: 4.98%1994: 3.99%1995: 4.37%1996: 4.27%1997: 4.36%1998: 4.9%1999: 6.17%2000: 6.2%2001: 6.5%2002: 6.2%2003: 5.1%2004: 3.1%2005: 4.1%2006: 4.4%2007: 4.5%2008: 4.2%2009: 3.4%2010: 1.9%2011: 1.6%2012: 1.4%2013: 3.2%2014: 2.3%2015: 1.9%2016: 2%2017: 1.6%2018: 1.2%2019: 2.2%2020: 1.3%2021: 1.7%2022: 1.8%2023: 2.8%
Change over the period: −3.6 pp Annual average: -0.1 pp
Deposit interest rate — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2023 2.8 +1 pp
2022 1.8 +0.1 pp
2021 1.7 +0.4 pp
2020 1.3 −0.9 pp
2019 2.2 +1 pp
2018 1.2 −0.4 pp
2017 1.6 −0.4 pp
2016 2 +0.1 pp
2015 1.9 −0.4 pp
2014 2.3 −0.9 pp
2013 3.2 +1.8 pp
2012 1.4 −0.2 pp
2011 1.6 −0.3 pp
2010 1.9 −1.5 pp
2009 3.4 −0.8 pp
2008 4.2 −0.3 pp
2007 4.5 +0.1 pp
2006 4.4 +0.3 pp
2005 4.1 +1 pp
2004 3.1 −2 pp
2003 5.1 −1.1 pp
2002 6.2 −0.3 pp
2001 6.5 +0.3 pp
2000 6.2 +0.03 pp
1999 6.17 +1.27 pp
1998 4.9 +0.54 pp
1997 4.36 +0.09 pp
1996 4.27 −0.1 pp
1995 4.37 +0.38 pp
1994 3.99 −0.98 pp
1993 4.98 −0.92 pp
1992 5.89 −0.66 pp
1991 6.55 −0.15 pp
1990 6.7 +0 pp
1989 6.7 +0 pp
1988 6.7 +0.12 pp
1987 6.58 +0.18 pp
1986 6.4

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.