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Interest Rate on Bank Deposits (Local Currency) in Japan

Source: OECD, Bank of Japan, Financial Services Agency
Last Updated: July 24, 2023

Interest rate on bank deposits reached 0.419% in third quarter of 2015 in Japan, according to the National Central Bank. This is 10.7% less than in the previous quarter.

Historically, interest rate on bank deposits in Japan reached an all time high of 5.07% in 4Q1991 and an all time low of 0.027% in 1Q2002.

Japan has been ranked 92nd within the group of 102 countries we follow in terms of interest rate on bank deposits.

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