Deposit interest rate in Micronesia in 2021 — 0.04%. Ranked 106 in the world out of 110. Since 1995, the indicator has fallen by 5.29 pp.
1995–2021 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2021 | 0.04 | −0.03 pp |
| 2020 | 0.07 | −0.24 pp |
| 2019 | 0.31 | −0.13 pp |
| 2018 | 0.44 | −0.03 pp |
| 2017 | 0.47 | +0.09 pp |
| 2016 | 0.38 | +0 pp |
| 2015 | 0.38 | +0 pp |
| 2014 | 0.38 | +0 pp |
| 2013 | 0.38 | −0.04 pp |
| 2012 | 0.42 | −0.17 pp |
| 2011 | 0.59 | −0.32 pp |
| 2010 | 0.91 | −0.37 pp |
| 2009 | 1.29 | −1.18 pp |
| 2008 | 2.47 | −0.07 pp |
| 2007 | 2.54 | +0.5 pp |
| 2006 | 2.04 | +0.41 pp |
| 2005 | 1.62 | +0.61 pp |
| 2004 | 1.02 | −0 pp |
| 2003 | 1.02 | −0.45 pp |
| 2002 | 1.47 | −1.7 pp |
| 2001 | 3.17 | −1.41 pp |
| 2000 | 4.59 | +0.87 pp |
| 1999 | 3.72 | −0.26 pp |
| 1998 | 3.98 | −0.23 pp |
| 1997 | 4.21 | −0.37 pp |
| 1996 | 4.58 | −0.75 pp |
| 1995 | 5.33 | — |
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.
