The Bank Indonesia left the key deposit facility rate steady at 2.75 percent on March 18th 2021, in line with forecasts, and following a 25bps cut in the previous meeting. source: Bank Indonesia
Deposit Interest Rate in Indonesia averaged 8.23 percent from 1998 until 2021, reaching an all time high of 56 percent in June of 1998 and a record low of 2.75 percent in February of 2021. This page includes a chart with historical data for Deposit Interest Rate in Indonesia. Indonesia Deposit Facility Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Deposit Interest Rate in Indonesia is expected to be 2.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Indonesia to stand at 2.75 in 12 months time. In the long-term, the Indonesia Deposit Facility Rate is projected to trend around 2.75 percent in 2022 and 3.00 percent in 2023, according to our econometric models.