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Interest Rate on Bank Deposits (Local Currency) in China

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.50% in 2021 in China, according to the National Central Bank. This is 0% more than in the previous year.

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.

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