Deposit Interest Rate in Philippines remained unchanged at 2 percent in June from 2 percent in June of 2022. source: Bangko Sentral ng Pilipinas
Deposit Interest Rate in Philippines averaged 2.57 percent from 2016 until 2022, reaching an all time high of 4.25 percent in October of 2018 and a record low of 1.50 percent in November of 2020. This page includes a chart with historical data for Deposit Interest Rate in Philippines. Philippines Overnight Deposit Facility Rate - values, historical data and charts - was last updated on June of 2022.
Deposit Interest Rate in Philippines is expected to be 2.00 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 3.00 percent in 2023 and 2.75 percent in 2024, according to our econometric models.