Deposit interest rate in Australia in 2019 — 1.56%. Ranked 87 in the world out of 118. Since 1981, the indicator has fallen by 12.07 pp.
1981–2019 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2019 | 1.56 | −0.42 pp |
| 2018 | 1.98 | −0.03 pp |
| 2017 | 2.01 | −0.13 pp |
| 2016 | 2.14 | −0.16 pp |
| 2015 | 2.3 | −0.6 pp |
| 2014 | 2.9 | −0.35 pp |
| 2013 | 3.25 | −0.67 pp |
| 2012 | 3.92 | −0.42 pp |
| 2011 | 4.34 | +0.13 pp |
| 2010 | 4.21 | +1.13 pp |
| 2009 | 3.08 | −1.65 pp |
| 2008 | 4.73 | +0.2 pp |
| 2007 | 4.53 | +0.47 pp |
| 2006 | 4.06 | +0.17 pp |
| 2005 | 3.89 | +0.04 pp |
| 2004 | 3.85 | +0.34 pp |
| 2003 | 3.51 | −0.19 pp |
| 2002 | 3.7 | −0.04 pp |
| 2001 | 3.74 | −1.17 pp |
| 2000 | 4.91 | +0.85 pp |
| 1999 | 4.06 | −0.28 pp |
| 1998 | 4.34 | −0.71 pp |
| 1997 | 5.05 | −1.63 pp |
| 1996 | 6.68 | −0.47 pp |
| 1995 | 7.15 | +1.4 pp |
| 1994 | 5.75 | −0.01 pp |
| 1993 | 5.76 | −1.36 pp |
| 1992 | 7.12 | −3.93 pp |
| 1991 | 11.05 | −4.78 pp |
| 1990 | 15.83 | −2.52 pp |
| 1989 | 18.35 | +4.98 pp |
| 1988 | 13.36 | −1.52 pp |
| 1987 | 14.88 | −1.34 pp |
| 1986 | 16.22 | +2.21 pp |
| 1985 | 14.01 | +1.54 pp |
| 1984 | 12.46 | −0.38 pp |
| 1983 | 12.85 | −2.16 pp |
| 1982 | 15.01 | +1.39 pp |
| 1981 | 13.62 | — |
The same indicator for neighboring countries — with links to their pages
New Zealand
3
Australia
1.56
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.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.