Interest rate on bank deposits fell 9.77% to 3.46% in Moldova in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Moldova reached an all time high of 27.5% in 1999 and an all time low of 3.46% in 2021. When compared to Moldova's main peers, interest rate on bank deposits in Bulgaria amounted to 0.016%, 1.58% in Romania, 3.79% in Russia and 4.63% in Ukraine in 2021.
Moldova has been ranked 38th within the group of 96 countries we follow in terms of interest rate on bank deposits, 1 place below the position seen 10 years ago.
Interest Rate on Bank Deposits (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Bulgaria | % | 0.173% | 0.046% | 0.027% | 0.025% | 0.013% | ... | |||||||||||||||
China | % | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ... | |||||||||||||||
Germany | % | 0.312% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Greece | % | 0.838% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Hungary | % | 0.581% | 0.120% | 0.064% | 0.105% | 0.467% | ... | |||||||||||||||
Japan | % | 0.300% | 0.321% | ... | ... | ... | ... | ... | ||||||||||||||
Moldova | % | 10.7% | 5.77% | 4.49% | 4.60% | 3.83% | ... | |||||||||||||||
Poland | % | 1.02% | 0.931% | 0.895% | 0.854% | 0.409% | ||||||||||||||||
Romania | % | 1.11% | 0.888% | 1.30% | 1.79% | 1.93% | ... | |||||||||||||||
Russia | % | 6.97% | 5.86% | 5.36% | 5.40% | 3.77% | ... | |||||||||||||||
Serbia | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Turkey | % | 14.6% | 15.3% | 23.3% | 25.4% | 13.4% | ... | |||||||||||||||
USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Ukraine | % | 11.5% | 9.13% | 11.8% | 12.9% | 6.09% | ... |