Deposit Interest Rate in Canada remained unchanged at 0.10 percent in 2017 from 0.10 percent in 2016. Deposit Interest Rate in Canada averaged 4.03 percent from 1980 until 2017, reaching an all time high of 15.96 percent in 1981 and a record low of 0.05 percent in 2010.

Deposit Interest Rate in Canada is expected to be 0.30 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 Canada is projected to trend around 1.50 percent in 2020, according to our econometric models.

Deposit Interest Rate in Canada
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Canada Money Last Previous Highest Lowest Unit
Interest Rate 1.75 1.75 16.00 0.25 percent [+]
Interbank Rate 2.02 2.03 8.95 0.43 percent [+]
Money Supply M0 94195.00 93833.00 94210.00 2214.00 CAD Million [+]
Money Supply M1 1001910.00 1008129.00 1008129.00 30706.00 CAD Million [+]
Money Supply M2 1672745.00 1668746.00 1672745.00 25523.00 CAD Million [+]
Money Supply M3 2410404.00 2428480.00 2428480.00 37982.00 CAD Million [+]
Banks Balance Sheet 5820365.00 6082936.00 6082936.00 10516.00 CAD Million [+]
Central Bank Balance Sheet 114621.00 115826.00 116050.00 2110.00 CAD Million [+]
Foreign Exchange Reserves 84420.00 87872.00 87872.00 1678.00 USD Million [+]
Loans to Private Sector 428477.00 433205.00 433205.00 10904.00 CAD Million [+]
Deposit Interest Rate 0.10 0.10 15.96 0.05 percent [+]
Foreign Stock Investment 28398.00 -20488.00 38935.00 -24129.00 CAD Million [+]
Private Debt to GDP 266.61 264.66 266.61 175.61 percent [+]


Deposit Interest Rate in Canada

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 Canada. Deposit Interest Rate in Canada - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 15.96 0.05 1980 - 2017 percent Yearly




Country Last Previous
Turkey 22.50 Mar/19
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 6.10 Jan/19
Indonesia 5.25 Mar/19
Saudi Arabia 3.40 Mar/19
Mexico 2.70 Dec/17
Australia 1.85 Feb/19
South Korea 1.67 Dec/17
United Kingdom 0.50 Jan/19
China 0.35 Feb/19
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.31 Jan/19
Euro Area -0.40 Mar/19


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