Canada - Deposit Rate 1988
6.65%
+0.96pp from 1987
Canada's deposit rate was 6.65% in 1988, increased +0.96pp from 5.69% in 1987. This was the 25th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Myanmar | 1.50% | 0.0% |
| 2nd | Singapore | 2.74% | -5.1% |
| 3rd | Japan | 2.75% | 0.0% |
| 4th | Grenada | 2.96% | -3.3% |
| 5th | St. Lucia | 3.13% | -3.3% |
| 6th | Malaysia | 3.29% | 9.7% |
| 7th | Barbados | 4.26% | 18.0% |
| 8th | France | 4.50% | 0.0% |
| 9th | Macao SAR, China | 4.56% | 30.4% |
| 10th | Antigua and Barbuda | 4.66% | -8.4% |
| 11th | Dominica | 4.70% | 0.0% |
| 12th | St. Kitts and Nevis | 4.72% | 13.9% |
| 13th | Botswana | 5.00% | -33.3% |
| 14th | St. Vincent and the Grenadines | 5.28% | 2.5% |
| 15th | Kuwait | 5.30% | -7.6% |
| 16th | Liberia | 5.43% | -7.6% |
| 17th | Bahrain | 5.50% | 10.0% |
| 18th | Libya | 5.50% | 0.0% |
| 19th | Bahamas, The | 5.97% | 8.5% |
| 20th | Mauritania | 6.00% | 0.0% |
| 21st | Qatar | 6.00% | 0.0% |
| 22nd | Trinidad and Tobago | 6.04% | 0.0% |
| 23rd | Papua New Guinea | 6.11% | -3.4% |
| 24th | Bhutan | 6.50% | 0.0% |
| 25th | Canada | 6.65% | 16.8% |
| 26th | Aruba | 6.70% | 1.8% |
| 27th | Eswatini | 6.74% | 37.9% |
| 28th | Oman | 7.39% | -4.1% |
| 29th | Panama | 7.54% | 14.4% |
| 30th | Belize | 8.42% | -12.2% |
| 31st | Morocco | 8.50% | 0.0% |
| 32nd | United Kingdom | 8.55% | -0.3% |
| 33rd | Honduras | 8.63% | -10.3% |
| 34th | China | 8.64% | 20.0% |
| 35th | Thailand | 9.50% | 0.0% |
| 36th | Lesotho | 9.58% | 36.9% |
| 37th | Zimbabwe | 9.68% | 1.1% |
| 38th | Mauritius | 10.00% | 6.7% |
| 39th | Seychelles | 10.00% | 0.0% |
| 40th | Kenya | 10.33% | 0.2% |
| 41st | Egypt, Arab Republic of | 11.00% | 0.0% |
| 42nd | Philippines | 11.32% | 38.0% |
| 43rd | Zambia | 11.44% | -13.6% |
| 44th | Guyana | 12.00% | 8.3% |
| 45th | Nigeria | 12.95% | -1.1% |
| 46th | Australia | 13.36% | -10.2% |
| 47th | Bangladesh | 13.61% | 0.0% |
| 48th | Gambia, The | 15.00% | -4.8% |
| 49th | Chile | 15.16% | -40.0% |
| 50th | Costa Rica | 15.18% | 8.0% |
| 51st | Jamaica | 15.87% | 1.0% |
| 52nd | Sierra Leone | 16.33% | 28.9% |
| 53rd | Ghana | 16.50% | -6.2% |
| 54th | Guinea | 16.83% | 12.2% |
| 55th | Tanzania | 17.46% | 10.8% |
| 56th | Somalia, Fed. Rep. | 20.63% | 26.9% |
| 57th | Uganda | 21.50% | 7.5% |
| 58th | Lebanon | 21.96% | 3.7% |
| 59th | Bolivia, Plurinational State of | 27.74% | -8.6% |
| 60th | Colombia | 33.46% | 8.7% |
| 61st | Türkiye | 49.08% | 40.2% |
| 62nd | Mexico | 55.22% | -41.8% |
| 63rd | Uruguay | 109.10% | 11.5% |
| 64th | Peru | 161.78% | - |
| 65th | Brazil | 856.52% | 114.3% |
| 66th | Nicaragua | 130,591.97% | - |
FAQ
What was Canada's deposit rate in 1988?▾
Canada's deposit rate in 1988 was 6.65%. This ranked 25th globally.
How did Canada's deposit rate change in 1988?▾
Canada's deposit rate increased by 16.8% in 1988 compared to 1987.
Which country had the highest deposit rate in 1988?▾
Nicaragua had the highest deposit rate in 1988 at 130,591.97%.
What is the deposit rate of Canada in 1988?▾
The deposit rate of Canada in 1988 was 6.65%. This ranked 25th globally.
How does 1988 compare to 1987 for Canada's deposit rate?▾
Canada's deposit rate went from 5.69% in 1987 to 6.65% in 1988, a 16.8% increase.
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