Deposit Interest Rate in Philippines increased to 4 percent in April from 3.75 percent in March of 2026. Deposit Interest Rate in Philippines averaged 3.50 percent from 2016 until 2026, reaching an all time high of 6.00 percent in October of 2023 and a record low of 1.50 percent in November of 2020. source: Bangko Sentral ng Pilipinas
Deposit Interest Rate in Philippines is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Overnight Deposit Facility Rate is projected to trend around 4.25 percent in 2027, according to our econometric models.