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Canada - Deposit Rate 1974

Name: Canada Deposit Rate 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Deposit interest rate · World Bank

9.31% +2.93pp from 1973 Global rank: 10th

Canada's deposit rate was 9.31% in 1974, increased +2.93pp from 6.39% in 1973. This was the 10th highest globally.

Global Ranking - 1974▾

Deposit Rate by Country - 1974
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	2.50%	1.7%
2nd	Nigeria	3.00%	0.0%
3rd	Libya	4.00%	0.0%
4th	Tanzania	4.00%	-
5th	Kenya	4.31%	23.3%
6th	France	6.25%	47.1%
7th	Malaysia	6.38%	17.7%
8th	Eswatini	7.02%	27.7%
9th	Japan	8.33%	33.3%
10th	Canada	9.31%	45.8%
11th	United Kingdom	9.50%	18.4%

FAQ

What was Canada's deposit rate in 1974?▾

Canada's deposit rate in 1974 was 9.31%. This ranked 10th globally.

How did Canada's deposit rate change in 1974?▾

Canada's deposit rate increased by 45.8% in 1974 compared to 1973.

Which country had the highest deposit rate in 1974?▾

United Kingdom had the highest deposit rate in 1974 at 9.50%.

What is the deposit rate of Canada in 1974?▾

The deposit rate of Canada in 1974 was 9.31%. This ranked 10th globally.

How does 1974 compare to 1973 for Canada's deposit rate?▾

Canada's deposit rate went from 6.39% in 1973 to 9.31% in 1974, a 45.8% increase.

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