Interest rate on bank deposits reached 4.08% in 2019 in Philippines, according to the National Central Bank. This is 31.0% more than in the previous year.
Historically, interest rate on bank deposits in Philippines reached an all time high of 21.2% in 1984 and an all time low of 1.23% in 2014.
Philippines has been ranked 49th within the group of 104 countries we follow in terms of interest rate on bank deposits.
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