Interest rate on bank deposits rose 15.4% to 0.522% in Bahamas in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Bahamas reached an all time high of 7.56% in 1982 and an all time low of 0.452% in 2020.
Bahamas has been ranked 81st within the group of 96 countries we follow in terms of interest rate on bank deposits, 21 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 |
Bahamas | % | 1.41% | 1.24% | 0.994% | 0.841% | 0.588% | ||||||||||||||||
Canada | % | 0.075% | 0.100% | 0.100% | ... | ... | ... | ... | ||||||||||||||
China | % | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | ||||||||||||||||
Cuba | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Dominican Republic | % | 6.43% | 6.69% | 6.00% | 6.01% | 6.12% | ||||||||||||||||
Haiti | % | 4.29% | 5.64% | 5.41% | 6.13% | 7.89% | ||||||||||||||||
Jamaica | % | 3.89% | 3.56% | 3.71% | 3.02% | 2.55% | ||||||||||||||||
Japan | % | 0.406% | 0.300% | 0.321% | ... | ... | ... | ... | ||||||||||||||
Mexico | % | 0.589% | 1.29% | 2.70% | 3.27% | 3.53% | ||||||||||||||||
Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |