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Interest Rate on Bank Deposits (Local Currency) in China

Source: The People's Bank of China, China Banking Regulatory Commission
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.75% in third quarter of 2015 in China, according to the National Central Bank. This is 12.5% less than in the previous quarter.

Historically, interest rate on bank deposits in China reached an all time high of 11.3% in 1Q1990 and an all time low of 1.75% in 3Q2015.

China has been ranked 69th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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