Deposit interest rate — all countries

Deposit interest rate — Serbia

Deposit interest rate in Serbia in 2010 — 11.2%. Ranked 12 in the world out of 140. Since 1997, the indicator has fallen by 66.77 pp.

2010 11.2% −4.18 pp vs 2009
World rank 12of 140
Period maximum 77.97%1997
Period minimum 6.3%2000

Trend over time

1997–2010 · % per annum

Deposit interest rate — Serbia, 1997–2010020406080199719992001200320052007200920101997: 77.97%1998: 60.86%1999: 46.06%2000: 6.3%2001: 12.9%2002: 24.28%2003: 16.49%2004: 15.74%2005: 15.44%2006: 18.32%2007: 12.62%2008: 16.13%2009: 15.39%2010: 11.2%
Change over the period: −66.77 pp Annual average: -5.14 pp
Deposit interest rate — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2010 11.2 −4.18 pp
2009 15.39 −0.74 pp
2008 16.13 +3.51 pp
2007 12.62 −5.7 pp
2006 18.32 +2.88 pp
2005 15.44 −0.3 pp
2004 15.74 −0.75 pp
2003 16.49 −7.79 pp
2002 24.28 +11.38 pp
2001 12.9 +6.6 pp
2000 6.3 −39.76 pp
1999 46.06 −14.8 pp
1998 60.86 −17.11 pp
1997 77.97

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.