Deposit interest rate in the Philippines in 2019 — 4.08%. Ranked 49 in the world out of 118. Since 1976, the indicator has fallen by 4.42 pp.
1976–2019 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2019 | 4.08 | +0.97 pp |
| 2018 | 3.12 | +1.24 pp |
| 2017 | 1.88 | +0.28 pp |
| 2016 | 1.6 | +0 pp |
| 2015 | 1.59 | +0.36 pp |
| 2014 | 1.23 | −0.43 pp |
| 2013 | 1.66 | −1.49 pp |
| 2012 | 3.16 | −0.23 pp |
| 2011 | 3.39 | +0.17 pp |
| 2010 | 3.22 | +0.48 pp |
| 2009 | 2.74 | −1.75 pp |
| 2008 | 4.49 | +0.79 pp |
| 2007 | 3.7 | −1.6 pp |
| 2006 | 5.29 | −0.26 pp |
| 2005 | 5.56 | −0.62 pp |
| 2004 | 6.18 | +0.96 pp |
| 2003 | 5.22 | +0.61 pp |
| 2002 | 4.61 | −4.14 pp |
| 2001 | 8.74 | +0.44 pp |
| 2000 | 8.31 | +0.14 pp |
| 1999 | 8.17 | −3.94 pp |
| 1998 | 12.11 | +1.91 pp |
| 1997 | 10.19 | +0.51 pp |
| 1996 | 9.68 | +1.29 pp |
| 1995 | 8.39 | −2.15 pp |
| 1994 | 10.54 | +0.93 pp |
| 1993 | 9.61 | −4.67 pp |
| 1992 | 14.27 | −4.53 pp |
| 1991 | 18.8 | −0.74 pp |
| 1990 | 19.54 | +5.41 pp |
| 1989 | 14.13 | +2.81 pp |
| 1988 | 11.32 | +3.11 pp |
| 1987 | 8.2 | −3.05 pp |
| 1986 | 11.25 | −7.66 pp |
| 1985 | 18.91 | −2.26 pp |
| 1984 | 21.17 | +7.59 pp |
| 1983 | 13.58 | −0.16 pp |
| 1982 | 13.74 | −0.11 pp |
| 1981 | 13.85 | +2.18 pp |
| 1980 | 11.67 | +3 pp |
| 1979 | 8.67 | +0.17 pp |
| 1978 | 8.5 | +0 pp |
| 1977 | 8.5 | +0 pp |
| 1976 | 8.5 | — |
The same indicator for neighboring countries — with links to their pages
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.
