Interest rate on bank deposits fell 1.74% to 0.639% in East Timor in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in East Timor reached an all time high of 0.905% in 2012 and an all time low of 0.639% in 2021.
East Timor has been ranked 79th within the group of 96 countries we follow in terms of interest rate on bank deposits, 56 places above the position seen 10 years ago.
Interest Rate on Bank Deposits (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | % | 2.30% | 2.14% | 2.01% | 1.98% | 1.56% | ... | ... | ||||||||||||||
Cambodia | % | 1.42% | 1.44% | 1.53% | 1.38% | 1.44% | ||||||||||||||||
East Timor | % | ... | 0.777% | 0.760% | 0.693% | 0.642% | 0.642% | |||||||||||||||
Indonesia | % | 8.34% | 7.17% | 6.52% | 6.13% | 6.69% | ||||||||||||||||
Malaysia | % | 3.13% | 3.03% | 2.92% | 3.14% | 2.98% | ||||||||||||||||
New Zealand | % | 3.73% | 3.23% | 3.30% | 3.26% | 3.00% | ||||||||||||||||
Papua New Guinea | % | 0.425% | 0.645% | 0.516% | 0.680% | 0.880% | ||||||||||||||||
Philippines | % | 1.59% | 1.60% | 1.88% | 3.12% | 4.08% | ... | ... | ||||||||||||||
Singapore | % | 0.167% | 0.190% | 0.142% | 0.157% | 0.198% | ||||||||||||||||
Thailand | % | ... | ... | 1.43% | 1.30% | 1.29% | 1.29% | 1.42% | ||||||||||||||
Vietnam | % | 4.75% | 5.04% | 4.81% | 4.74% | 4.98% |