Deposit Interest Rate in China remained unchanged at 0.35 percent in August from 0.35 percent in July of 2020.

Deposit Interest Rate in China averaged 1.10 percent from 1990 until 2020, reaching an all time high of 3.15 percent in July of 1993 and a record low of 0.35 percent in July of 2012. This page includes a chart with historical data for Deposit Interest Rate in China. Current Deposit Interest Rate in China - values, historical data and charts - was last updated on September of 2020. source: People's Bank of China

Deposit Interest Rate in China is expected to be 0.35 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 China to stand at 0.35 in 12 months time. In the long-term, the Current Deposit Interest Rate in China is projected to trend around 0.35 percent in 2021, according to our econometric models.

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Current Deposit Interest Rate in China

Actual Previous Highest Lowest Dates Unit Frequency
0.35 0.35 3.15 0.35 1990 - 2020 percent Monthly
NSA

China Money Last Previous Highest Lowest Unit
Interest Rate 3.85 3.85 5.77 3.85 percent [+]
Cash Reserve Ratio 12.50 12.50 21.50 6.00 percent [+]
Money Supply M0 8000.00 7990.00 9324.92 17.85 CNY Billion [+]
Money Supply M1 60130.00 59120.00 60431.80 74.51 CNY Billion [+]
Interbank Rate 3.41 3.09 9.89 0.00 percent [+]
Money Supply M2 213680.00 212550.00 213680.00 5840.10 CNY Billion [+]
Foreign Exchange Reserves 3165000.00 3154391.00 3993212.72 2262.00 USD Million [+]
Central Bank Balance Sheet 365052.29 357924.90 373495.10 34443.90 CNY HML [+]
Banks Balance Sheet 1280.00 992.70 3340.00 -32.10 CNY Billion [+]
Loans to Private Sector 35800.00 16940.00 51845.00 -974.00 CNY HML [+]
Deposit Interest Rate 0.35 0.35 3.15 0.35 percent [+]
Loan Growth 13.00 13.00 34.44 10.60 percent [+]
Reverse Repo Rate 2.20 2.20 4.40 2.20 percent [+]
Lending Rate 4.35 4.35 12.06 4.35 percent [+]
Loans To Banks 1668913.42 1656175.85 1668913.42 413413.10 CNY HML [+]
Fixed Asset Investment -0.30 -1.60 53.00 -24.50 percent [+]


Current Deposit Interest Rate in China
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.