Philippines - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Philippines was 1.60 as of 2016. As the graph below shows, over the past 40 years this indicator reached a maximum value of 21.17 in 1984 and a minimum value of 1.23 in 2014.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1976 8.50
1977 8.50
1978 8.50
1979 8.67
1980 12.25
1981 13.72
1982 13.74
1983 13.58
1984 21.17
1985 18.91
1986 11.25
1987 8.20
1988 11.32
1989 14.13
1990 19.54
1991 18.80
1992 14.27
1993 9.61
1994 10.54
1995 8.39
1996 9.68
1997 10.19
1998 12.11
1999 8.17
2000 8.31
2001 8.74
2002 4.61
2003 5.22
2004 6.18
2005 5.56
2006 5.29
2007 3.70
2008 4.49
2009 2.74
2010 3.22
2011 3.39
2012 3.16
2013 1.66
2014 1.23
2015 1.59
2016 1.60

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates