Bank Deposit Interest Rate
Asia Ranking
percentSource: IMF
Definition of Bank Deposit Interest Rate
The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Uzbekistan | 19.7 | 8-2023 | 1 | 20.61 |
| 2 | Kazakhstan | 14.1 | 6-2023 | 2 | 13.6 |
| 3 | Tajikistan | 13.92 | 7-2023 | 3 | 13.5 |
| 4 | Mongolia | 12.56 | 7-2023 | 4 | 12.43 |
| 5 | Kyrgyzstan | 12.23 | 6-2023 | 5 | 12.21 |
| 6 | Nepal | 10.25 | 7-2023 | 6 | 10.73 |
| 7 | Azerbaijan | 8.54 | 7-2023 | 7 | 8.96 |
| 8 | Vietnam | 7.95 | 4-2023 | 8 | 6.9 |
| 9 ↑ | Cambodia | 6.64 | 4-2023 | 10 | 6.12 |
| 10 ↓ | India | 6.47 | 6-2023 | 9 | 6.28 |
| 11 ↑ | Laos | 5.45 | 7-2023 | 12 | 5.43 |
| 12 ↓ | Russia | 5.4 | 6-2023 | 11 | 5.81 |
| 13 | Bhutan | 5.07 | 6-2023 | 13 | 5.07 |
| 14 ↑ | Indonesia | 5.06 | 6-2023 | 15 | 4.93 |
| 15 ↓ | Burma (Myanmar) | 5 | 1-2023 | 14 | 5 |
| 16 | Bangladesh | 4.38 | 6-2023 | 16 | 4.38 |
| 17 | Philippines | 4.25 | 5-2023 | 17 | 3.75 |
| 18 | South Korea | 3.74 | 6-2023 | 18 | 3.57 |
| 19 | Maldives | 3.13 | 6-2023 | 19 | 2.86 |
| 20 | Malaysia | 2.89 | 6-2023 | 20 | 2.7 |
| 21 | Singapore | 2.15 | 6-2023 | 21 | 1.96 |
| 22 | Taiwan | 1.58 | 6-2023 | 22 | 1.58 |
| 23 | Thailand | 1.48 | 9-2023 | 23 | 1.4 |
| 24 | Brunei | 0.48 | 6-2023 | 24 | 0.48 |
| 25 | Japan | 0.09 | 6-2023 | 25 | 0.06 |
The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
