Bank Deposit Interest Rate
North America 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 | Costa Rica | 7.57 | 9-2023 | 1 | 10.35 |
| 2 | Mexico | 6.8 | 6-2023 | 2 | 6.62 |
| 3 | Guatemala | 5.87 | 9-2023 | 3 | 5.63 |
| 3 ↑ | Honduras | 5.87 | 6-2023 | 4 | 5.24 |
| 5 | El Salvador | 5.54 | 6-2023 | 5 | 5.19 |
| 6 | Nicaragua | 4.69 | 6-2023 | 6 | 4.98 |
The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
