Deposit Interest Rate in Singapore

Deposit Interest Rate in Singapore remained unchanged at 0.20 percent in April from 0.20 percent in March of 2019. Deposit Interest Rate in Singapore averaged 2.75 percent from 1977 until 2019, reaching an all time high of 12.80 percent in October of 1981 and a record low of 0.13 percent in January of 2012.

Deposit Interest Rate in Singapore is expected to be 0.15 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 Singapore to stand at -0.05 in 12 months time. In the long-term, the Deposit Interest Rate in Singapore is projected to trend around -0.05 percent in 2020, according to our econometric models.

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Singapore Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	1.88	2.08	20.00	-0.75	percent	[+]
Money Supply M0	46621.50	43744.70	46904.80	1133.10	SGD Million	[+]
Money Supply M1	189178.50	184656.00	190601.90	1202.00	SGD Million	[+]
Interbank Rate	2.00	2.00	9.84	0.34	percent	[+]
Money Supply M2	622157.40	614081.50	622157.40	6182.30	SGD Million	[+]
Money Supply M3	635111.90	626820.70	635111.90	6878.30	SGD Million	[+]
Foreign Exchange Reserves	365355.80	404019.30	404019.30	4174.40	SGD Million	[+]
Banks Balance Sheet	1308747.90	1294406.20	1308747.90	1509.90	SGD Million	[+]
Loans to Private Sector	676262.00	676100.00	676262.00	16439.80	SGD Million	[+]
Deposit Interest Rate	0.20	0.20	12.80	0.13	percent	[+]
Central Bank Balance Sheet	412386.70	407292.30	413858.90	271915.00	SGD Million	[+]

Deposit Interest Rate in Singapore

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Singapore. Deposit Interest Rate in Singapore - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.20	0.20	12.80	0.13	1977 - 2019	percent	Monthly

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Country	Last		Previous	Range
Argentina	50.27	Jun/19	50.27	85.38 : 0	%
Turkey	22.50	Jun/19	22.5	398 : 1.5	%
South Africa	7.17	Apr/19	7.15	21.6 : 5.08	%
Brazil	6.19	Mar/19	5.7	54180 : 5.66	%
Russia	5.82	Apr/19	6.12	102 : 5	%
Indonesia	5.25	May/19	5.25	56 : 3	%
Mexico	3.72	Mar/19	3.69	126 : 0.55	%
Saudi Arabia	3.40	Jun/19	3.4	9.04 : 0.5	%
South Korea	2.06	Mar/19	2.07	19.5 : 1.37	%
Australia	1.85	May/19	1.85	17.25 : 1.85	%
Canada	1.81	Jun/19	1.79	22.06 : 0.1	%
United Kingdom	0.50	May/19	0.5	4.25 : 0	%
China	0.35	May/19	0.35	3.15 : 0.35	%
Singapore	0.20	Apr/19	0.2	12.8 : 0.13	%
Japan	-0.23	Jun/19	-0.22	16.25 : -0.51	%
Switzerland	-0.31	Apr/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Jun/19	-0.4	3.75 : -0.4	%