Deposit Interest Rate in Singapore remained unchanged at 0.12 percent in June from 0.12 percent in May of 2021. source: IMF

Deposit Interest Rate in Singapore averaged 2.62 percent from 1977 until 2021, reaching an all time high of 12.80 percent in October of 1981 and a record low of 0.12 percent in February of 2021. This page includes a chart with historical data for Deposit Interest Rate in Singapore. Deposit Interest Rate in Singapore - values, historical data and charts - was last updated on August of 2022.

Deposit Interest Rate in Singapore is expected to be 0.81 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 0.41 percent in 2023 and 0.21 percent in 2024, according to our econometric models.

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Deposit Interest Rate in Singapore

Related Last Previous Unit Reference
Deposit Interest Rate 0.12 0.12 percent Jun 2021

Deposit Interest Rate in Singapore
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
0.12 0.12 12.80 0.12 1977 - 2021 percent Monthly