Deposit interest rate in Singapore in 2021 — 0.12%. Ranked 105 in the world out of 110. Since 1977, the indicator has fallen by 3.94 pp.
1977–2021 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2021 | 0.12 | −0.06 pp |
| 2020 | 0.18 | −0.01 pp |
| 2019 | 0.2 | +0.04 pp |
| 2018 | 0.16 | +0.02 pp |
| 2017 | 0.14 | −0.05 pp |
| 2016 | 0.19 | +0.02 pp |
| 2015 | 0.17 | +0.02 pp |
| 2014 | 0.14 | +0 pp |
| 2013 | 0.14 | +0 pp |
| 2012 | 0.14 | −0.03 pp |
| 2011 | 0.17 | −0.04 pp |
| 2010 | 0.21 | −0.09 pp |
| 2009 | 0.29 | −0.13 pp |
| 2008 | 0.42 | −0.11 pp |
| 2007 | 0.53 | −0.04 pp |
| 2006 | 0.57 | +0.13 pp |
| 2005 | 0.44 | +0.04 pp |
| 2004 | 0.4 | −0.1 pp |
| 2003 | 0.5 | −0.37 pp |
| 2002 | 0.87 | −0.65 pp |
| 2001 | 1.52 | −0.19 pp |
| 2000 | 1.71 | +0.03 pp |
| 1999 | 1.68 | −2.92 pp |
| 1998 | 4.6 | +1.13 pp |
| 1997 | 3.47 | +0.06 pp |
| 1996 | 3.41 | −0.09 pp |
| 1995 | 3.5 | +0.5 pp |
| 1994 | 3 | +0.7 pp |
| 1993 | 2.3 | −0.57 pp |
| 1992 | 2.87 | −1.76 pp |
| 1991 | 4.63 | −0.04 pp |
| 1990 | 4.67 | +1.46 pp |
| 1989 | 3.21 | +0.48 pp |
| 1988 | 2.74 | −0.15 pp |
| 1987 | 2.89 | −1.03 pp |
| 1986 | 3.91 | −1.08 pp |
| 1985 | 4.99 | −1.98 pp |
| 1984 | 6.98 | +0.66 pp |
| 1983 | 6.31 | −0.9 pp |
| 1982 | 7.21 | −3.5 pp |
| 1981 | 10.71 | +1.34 pp |
| 1980 | 9.37 | +3.17 pp |
| 1979 | 6.2 | +1.45 pp |
| 1978 | 4.75 | +0.68 pp |
| 1977 | 4.06 | — |
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.
