Deposit Interest Rate in Singapore

Deposit Interest Rate in Singapore decreased to 0.14 percent in 2017 from 0.19 percent in 2016. Deposit Interest Rate in Singapore averaged 2.66 percent from 1980 until 2017, reaching an all time high of 10.71 percent in 1981 and a record low of 0.14 percent in 2012.

Deposit Interest Rate in Singapore is expected to be 0.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Singapore is projected to trend around 0.44 percent in 2020, according to our econometric models.

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Singapore Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	2.24	1.66	20.00	-0.75	percent	[+]
Money Supply M0	46528.90	46904.80	46904.80	1133.10	SGD Million	[+]
Money Supply M1	185271.70	185280.20	190601.90	1202.00	SGD Million	[+]
Interbank Rate	1.94	1.94	9.84	0.34	percent	[+]
Money Supply M2	607818.80	606527.60	607818.80	6182.30	SGD Million	[+]
Money Supply M3	620492.50	619119.90	620492.50	6878.30	SGD Million	[+]
Foreign Exchange Reserves	400216.20	395219.90	401964.50	4174.40	SGD Million	[+]
Banks Balance Sheet	1294264.10	1296027.00	1296027.00	1509.90	SGD Million	[+]
Loans to Private Sector	672333.90	671211.20	673253.80	16439.80	SGD Million	[+]
Deposit Interest Rate	0.14	0.19	10.71	0.14	percent	[+]
Central Bank Balance Sheet	403843.10	409098.00	413858.90	271915.00	SGD Million	[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.14	0.19	10.71	0.14	1980 - 2017	percent	Yearly

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Country	Last		Previous	Range
Turkey	22.50	Mar/19	22.5	398 : 1.5	%
Argentina	21.55	Dec/17	18.95	17236 : 3.01	%
Brazil	8.51	Dec/17	12.4	9394 : 7.81	%
South Africa	7.25	Dec/17	7.17	18.86 : 5.15	%
Russia	6.24	Feb/19	6.1	102 : 5	%
Indonesia	5.25	Mar/19	5.25	56 : 3	%
Saudi Arabia	3.40	Apr/19	3.4	9.04 : 0.5	%
Mexico	2.70	Dec/17	1.29	94.96 : 0.59	%
Australia	1.85	Mar/19	1.85	17.25 : 1.85	%
South Korea	1.67	Dec/17	1.56	19.5 : 1.56	%
United Kingdom	0.50	Mar/19	0.5	4.25 : 0	%
China	0.35	Mar/19	0.35	3.15 : 0.35	%
Japan	0.32	Dec/17	0.3	5.5 : 0.04	%
Singapore	0.14	Dec/17	0.19	10.71 : 0.14	%
Canada	0.10	Dec/17	0.1	15.96 : 0.05	%
Switzerland	-0.31	Feb/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Apr/19	-0.4	3.75 : -0.4	%