Singapore - Deposit Rate 2020
0.18%
−0.01pp from 2019
Singapore's deposit rate was 0.18% in 2020, decreased +0.01pp from 0.20% in 2019. This was the 7th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Switzerland | -0.38% | -9.3% |
| 2nd | Bulgaria | 0.01% | -46.7% |
| 3rd | Hong Kong SAR, China | 0.06% | -57.8% |
| 4th | Micronesia, Federated States of | 0.07% | -77.4% |
| 5th | South Sudan | 0.08% | 26.1% |
| 6th | Barbados | 0.15% | 0.0% |
| 7th | Singapore | 0.18% | -7.2% |
| 8th | Macao SAR, China | 0.21% | -13.6% |
| 9th | Brunei Darussalam | 0.23% | -37.5% |
| 10th | Czechia | 0.30% | -21.9% |
| 11th | Montenegro | 0.40% | -12.1% |
| 12th | Albania | 0.42% | -15.7% |
| 13th | Bahamas, The | 0.45% | -23.1% |
| 14th | Hungary | 0.47% | 345.9% |
| 15th | Solomon Islands | 0.50% | 42.7% |
| 16th | Israel | 0.55% | -15.6% |
| 17th | Norway | 0.60% | -35.6% |
| 18th | Thailand | 0.62% | -56.1% |
| 19th | Vanuatu | 0.65% | -39.2% |
| 20th | Timor-Leste | 0.65% | 1.3% |
| 21st | San Marino | 0.77% | -23.8% |
| 22nd | Bosnia and Herzegovina | 0.80% | -12.8% |
| 23rd | Guyana | 0.85% | -3.6% |
| 24th | Chile | 0.86% | -66.2% |
| 25th | Cabo Verde | 0.88% | -39.7% |
| 26th | Papua New Guinea | 0.89% | 1.5% |
| 27th | Korea | 1.16% | -37.3% |
| 28th | Grenada | 1.17% | -12.8% |
| 29th | Aruba | 1.30% | -40.9% |
| 30th | Kyrgyz Republic | 1.37% | -11.4% |
| 31st | Mexico | 1.46% | -58.5% |
| 32nd | North Macedonia | 1.47% | -21.3% |
| 33rd | Cambodia | 1.49% | 3.7% |
| 34th | China | 1.50% | 0.0% |
| 35th | Trinidad and Tobago | 1.50% | 0.0% |
| 36th | Antigua and Barbuda | 1.51% | -3.9% |
| 37th | St. Lucia | 1.53% | 1.8% |
| 38th | Botswana | 1.56% | -2.2% |
| 39th | Kuwait | 1.62% | -14.1% |
| 40th | New Zealand | 1.68% | -44.1% |
| 41st | Mauritius | 1.72% | -54.1% |
| 42nd | St. Vincent and the Grenadines | 1.73% | -4.2% |
| 43rd | Comoros | 1.75% | 0.0% |
| 44th | Algeria | 1.75% | 0.0% |
| 45th | Dominica | 1.81% | 2.5% |
| 46th | Peru | 1.86% | -49.3% |
| 47th | Lesotho | 1.91% | 15.9% |
| 48th | Romania | 1.93% | 8.0% |
| 49th | Malaysia | 1.95% | -34.5% |
| 50th | Tonga | 2.07% | -9.4% |
| 51st | Nicaragua | 2.15% | -30.2% |
| 52nd | Belize | 2.18% | 11.7% |
| 53rd | Brazil | 2.20% | -59.6% |
| 54th | St. Kitts and Nevis | 2.22% | 10.7% |
| 55th | West Bank and Gaza | 2.43% | -14.8% |
| 56th | Jamaica | 2.46% | -3.6% |
| 57th | Eswatini | 2.47% | -33.1% |
| 58th | Qatar | 2.51% | -30.7% |
| 59th | Costa Rica | 2.58% | -44.3% |
| 60th | Samoa | 2.66% | -0.8% |
| 61st | Morocco | 2.87% | -4.8% |
| 62nd | Fiji | 2.89% | -38.1% |
| 63rd | São Tomé and Principe | 2.93% | -13.3% |
| 64th | Bhutan | 3.00% | 33.3% |
| 65th | Guinea | 3.33% | 1.2% |
| 66th | Paraguay | 3.37% | -2.1% |
| 67th | Colombia | 3.38% | -24.9% |
| 68th | Seychelles | 3.47% | -3.2% |
| 69th | Bolivia, Plurinational State of | 3.54% | 11.4% |
| 70th | Maldives | 3.72% | 7.1% |
| 71st | Russian Federation | 3.77% | -30.3% |
| 72nd | Moldova | 3.83% | -16.8% |
| 73rd | Oman | 4.03% | 4.1% |
| 74th | Jordan | 4.08% | -17.4% |
| 75th | Viet Nam | 4.12% | -17.2% |
| 76th | Namibia | 4.16% | -27.1% |
| 77th | Zimbabwe | 4.52% | 51.9% |
| 78th | Guatemala | 4.63% | -7.6% |
| 79th | Nigeria | 4.65% | -47.8% |
| 80th | Dominican Republic | 4.65% | -24.1% |
| 81st | Ecuador | 4.78% | 7.7% |
| 82nd | Uruguay | 4.79% | -5.4% |
| 83rd | South Africa | 4.88% | -30.4% |
| 84th | Benin | 5.10% | -4.1% |
| 85th | Burkina Faso | 5.10% | -4.1% |
| 86th | Haiti | 5.37% | -32.0% |
| 87th | Indonesia | 5.50% | -17.7% |
| 88th | Sierra Leone | 5.64% | -11.9% |
| 89th | Myanmar | 5.83% | -27.1% |
| 90th | Bangladesh | 6.07% | -10.4% |
| 91st | Ukraine | 6.09% | -52.8% |
| 92nd | Congo, Democratic Republic of | 6.20% | 13.3% |
| 93rd | Angola | 6.20% | -3.3% |
| 94th | Belarus | 6.61% | 1.5% |
| 95th | Tanzania | 6.68% | -5.9% |
| 96th | Mozambique | 6.79% | -25.1% |
| 97th | Gambia, The | 6.84% | -15.6% |
| 98th | Kenya | 6.97% | -7.2% |
| 99th | Pakistan | 7.47% | -18.1% |
| 100th | Rwanda | 7.64% | 0.0% |
| 101st | Egypt, Arab Republic of | 7.78% | -28.9% |
| 102nd | Suriname | 7.94% | -11.7% |
| 103rd | Armenia | 8.12% | -4.3% |
| 104th | Honduras | 8.13% | -3.4% |
| 105th | Azerbaijan | 8.69% | -10.4% |
| 106th | Zambia | 8.72% | 5.2% |
| 107th | Georgia | 10.22% | 17.4% |
| 108th | Mongolia | 10.26% | -6.4% |
| 109th | Ghana | 11.50% | 0.0% |
| 110th | Madagascar | 13.19% | 1.4% |
| 111th | Türkiye | 13.36% | -47.4% |
| 112th | Uzbekistan | 16.31% | 1.0% |
| 113th | Argentina | 29.32% | -38.0% |
FAQ
What was Singapore's deposit rate in 2020?▾
Singapore's deposit rate in 2020 was 0.18%. This ranked 7th globally.
How did Singapore's deposit rate change in 2020?▾
Singapore's deposit rate decreased by 7.2% in 2020 compared to 2019.
Which country had the highest deposit rate in 2020?▾
Argentina had the highest deposit rate in 2020 at 29.32%.
What is the deposit rate of Singapore in 2020?▾
The deposit rate of Singapore in 2020 was 0.18%. This ranked 7th globally.
How does 2020 compare to 2019 for Singapore's deposit rate?▾
Singapore's deposit rate went from 0.20% in 2019 to 0.18% in 2020, a 7.2% decrease.
Related
2019
2021
All years
Full ranking 2020
Lending Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1981
Lowest: 2021
Deposit Rate 1990s
Deposit Rate 2000s
Deposit Rate 2010s
Deposit Rate 2020s
Highest ever
Lowest ever
Average
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ASEAN Deposit Rate
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