Deposit Interest Rate in Poland decreased to 0 percent in April from 0.50 percent in March of 2020.

Deposit Interest Rate in Poland averaged 2.32 percent from 2001 until 2020, reaching an all time high of 7.50 percent in December of 2001 and a record low of 0 percent in April of 2020. This page includes a chart with historical data for Deposit Interest Rate in Poland. Poland Deposit Interest Rate - values, historical data and charts - was last updated on May of 2020. source: National Bank of Poland

Deposit Interest Rate in Poland is expected to be 0.50 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 Poland to stand at 0.50 in 12 months time. In the long-term, the Poland Deposit Interest Rate is projected to trend around 0.75 percent in 2021 and 1.25 percent in 2022, according to our econometric models.

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Poland Deposit Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.50 7.50 0.00 2001 - 2020 percent Monthly
NSA

Poland Money Last Previous Highest Lowest Unit
Interest Rate 0.50 1.00 24.00 0.50 percent [+]
Interbank Rate 0.58 0.58 29.58 0.58 percent [+]
Money Supply M0 334164.70 269981.00 334164.70 10909.00 PLN Million [+]
Money Supply M1 1224779.80 1152635.43 1224779.80 63625.70 PLN Million [+]
Money Supply M2 1617386.27 1569329.13 1617386.27 138755.50 PLN Million [+]
Money Supply M3 1673139.12 1628423.35 1673139.12 139333.86 PLN Million [+]
Foreign Exchange Reserves 118263.80 120893.60 128405.00 3485.70 USD Million [+]
Banks Balance Sheet 2216021.10 2149467.00 2216021.10 208191.90 PLN Million [+]
Deposit Interest Rate 0.00 0.50 7.50 0.00 percent [+]
Loans To Private Sector 308537.81 308641.89 310009.61 53996.69 PLN Million [+]
Private Debt to GDP 120.60 120.90 127.00 51.90 percent [+]
Cash Reserve Ratio 0.50 3.50 5.00 0.50 percent [+]
Central Bank Balance Sheet 545737.80 527335.50 545737.80 84966.50 PLN Million [+]


Poland Deposit Interest Rate
In Poland, the deposit facility rate determines the interest rate on deposits with the central bank. It sets the floor for fluctuations of the overnight market rate. The deposit rate and the lombard rate create the fluctuation band for the overnight rate which is symmetric to the central bank’s reference rate. .