Interest rate on bank deposits rose 0% to 1.50% in China in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in China reached an all time high of 11.3% in 1989 and an all time low of 1.50% in 2021.
China has been ranked 63rd within the group of 96 countries we follow in terms of interest rate on bank deposits, 20 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 |
Bangladesh | % | 8.24% | 6.20% | 5.61% | 6.66% | 6.78% | ||||||||||||||||
Canada | % | 0.075% | 0.100% | 0.100% | ... | ... | ... | ... | ||||||||||||||
China | % | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ||||||||||||||||
Germany | % | 0.366% | 0.312% | ... | ... | ... | ... | ... | ||||||||||||||
India | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Japan | % | 0.406% | 0.300% | 0.321% | ... | ... | ... | ... | ||||||||||||||
Mexico | % | 0.589% | 1.29% | 2.70% | 3.27% | 3.53% | ||||||||||||||||
Pakistan | % | ... | ... | ... | 5.97% | 4.83% | 4.48% | 5.23% | 9.13% | |||||||||||||
Russia | % | 9.20% | 6.97% | 5.86% | 5.36% | 5.40% | ||||||||||||||||
South Korea | % | 1.81% | 1.56% | 1.67% | 2.03% | 1.85% | ||||||||||||||||
Sri Lanka | % | 5.99% | 7.10% | 9.00% | 8.85% | 8.71% | ... | ... | ||||||||||||||
USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |