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Canada - Deposit Rate 1996

Name: Canada Deposit Rate 1996
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Deposit interest rate · World Bank

3.00% −2.28pp from 1995 Global rank: 2nd

Canada's deposit rate was 3.00% in 1996, decreased +2.28pp from 5.28% in 1995. This was the 2nd highest globally.

Global Ranking - 1996▾

Deposit Rate by Country - 1996
Rank	Country	Value	YoY
1st	Japan	0.30%	-66.7%
2nd	Canada	3.00%	-43.2%
3rd	United Kingdom	3.05%	-25.9%
4th	Singapore	3.41%	-2.7%
5th	Netherlands	3.54%	-19.4%
6th	France	3.67%	-18.5%
7th	Sweden	3.70%	-35.4%
8th	Grenada	3.74%	1.8%
9th	Maldives	4.13%	0.0%
10th	St. Vincent and the Grenadines	4.14%	-4.6%
11th	St. Kitts and Nevis	4.27%	-5.7%
12th	Aruba	4.27%	-2.3%
13th	Dominica	4.30%	2.3%
14th	Antigua and Barbuda	4.33%	7.7%
15th	St. Lucia	4.50%	1.7%
16th	Micronesia, Federated States of	4.58%	-14.1%
17th	Hong Kong SAR, China	4.64%	-17.5%
18th	Bahamas, The	5.14%	22.4%
19th	Bahrain	5.18%	-9.2%
20th	Barbados	5.20%	1.8%
21st	Macao SAR, China	5.23%	-11.9%
22nd	Cameroon	5.38%	-2.3%
23rd	Central African Republic	5.46%	-0.8%
24th	Congo, Republic of	5.46%	-0.8%
25th	Gabon	5.46%	-0.8%
26th	Equatorial Guinea	5.46%	-0.8%
27th	Chad	5.46%	-0.8%
28th	Croatia	5.59%	1.1%
29th	Kuwait	6.05%	-7.4%
30th	Fiji	6.21%	-8.4%
31st	Oman	6.45%	7.4%
32nd	Liberia	6.50%	2.1%
33rd	Qatar	6.50%	5.1%
34th	Australia	6.68%	-6.5%
35th	Czechia	6.79%	-2.4%
36th	Malaysia	7.09%	19.4%
37th	Papua New Guinea	7.13%	-2.3%
38th	Panama	7.20%	0.3%
39th	China	7.47%	-32.0%
40th	Trinidad and Tobago	7.94%	23.8%
41st	Bhutan	8.21%	2.6%
42nd	Bangladesh	8.26%	20.5%
43rd	New Zealand	8.49%	0.0%
44th	Jordan	8.50%	10.7%
45th	Cambodia	8.80%	1.1%
46th	Mauritania	9.00%	0.0%
47th	Belize	9.08%	-3.1%
48th	Botswana	9.68%	-1.1%
49th	Philippines	9.68%	15.4%
50th	Seychelles	9.90%	7.4%
51st	Korea	10.11%	-
52nd	Thailand	10.33%	-10.8%
53rd	Guyana	10.49%	-18.7%
54th	Egypt, Arab Republic of	10.54%	-3.4%
55th	Uganda	10.62%	39.6%
56th	Mauritius	10.77%	-11.9%
57th	Rwanda	11.01%	-
58th	Eswatini	11.08%	17.4%
59th	Gambia, The	12.50%	0.0%
60th	Myanmar	12.50%	28.2%
61st	Namibia	12.56%	15.8%
62nd	Lesotho	12.73%	-4.6%
63rd	Nigeria	13.06%	-3.5%
64th	Paraguay	13.47%	-18.9%
65th	Chile	13.48%	-1.8%
66th	Tanzania	13.59%	-44.8%
67th	Dominican Republic	13.91%	-6.9%
68th	Sierra Leone	13.96%	98.5%
69th	Algeria	14.50%	-12.6%
70th	Georgia	14.71%	-14.3%
71st	Peru	14.90%	-5.1%
72nd	Nicaragua	15.01%	10.8%
73rd	Lebanon	15.54%	-4.7%
74th	Lao PDR	16.00%	14.3%
75th	Honduras	16.70%	39.6%
76th	Albania	16.78%	9.7%
77th	Guinea	17.00%	-2.9%
78th	Indonesia	17.26%	3.2%
79th	Costa Rica	17.29%	-27.6%
80th	Kenya	17.59%	29.4%
81st	Suriname	17.78%	-15.4%
82nd	Mozambique	18.14%	-53.3%
83rd	Bolivia, Plurinational State of	19.16%	1.5%
84th	Madagascar	19.44%	10.3%
85th	Hungary	20.63%	-16.7%
86th	Zimbabwe	21.58%	-16.7%
87th	Yemen, Republic of	23.75%	-
88th	Jamaica	25.17%	8.0%
89th	Moldova	25.43%	-4.1%
90th	Mexico	26.40%	-33.7%
91st	Brazil	26.45%	-49.4%
92nd	Kyrgyz Republic	30.71%	-
93rd	Colombia	31.15%	-3.7%
94th	Armenia	32.19%	-42.7%
95th	Belarus	32.36%	-67.9%
96th	Ukraine	33.63%	-52.2%
97th	Ghana	34.50%	20.1%
98th	Romania	37.26%	-16.7%
99th	Zambia	42.13%	39.3%
100th	Mongolia	44.75%	-40.0%
101st	Uruguay	45.26%	-26.4%
102nd	Türkiye	80.75%	6.3%
103rd	Angola	147.13%	16.8%

FAQ

What was Canada's deposit rate in 1996?▾

Canada's deposit rate in 1996 was 3.00%. This ranked 2nd globally.

How did Canada's deposit rate change in 1996?▾

Canada's deposit rate decreased by 43.2% in 1996 compared to 1995.

Which country had the highest deposit rate in 1996?▾

Angola had the highest deposit rate in 1996 at 147.13%.

What is the deposit rate of Canada in 1996?▾

The deposit rate of Canada in 1996 was 3.00%. This ranked 2nd globally.

How does 1996 compare to 1995 for Canada's deposit rate?▾

Canada's deposit rate went from 5.28% in 1995 to 3.00% in 1996, a 43.2% decrease.

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