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Deposit Interest Rate in Canada

Deposit Interest Rate in Canada

Indicator Data Period
Deposit Interest Rate 1.8 % May/22


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Canada - Historical Data (%)

What is average deposit bank interest rate in Canada?

  • Bank Deposit Interest Rate in Canada increased to 1.8 % in May 2022. The maximum rate was 22.06 % and minimum was -0.1 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
1.8 May/22 07.05.2022
1.44 Apr/22 02.04.2022
1.1 Mar/22 02.03.2022
0.72 Feb/22 05.02.2022
0.31 Jan/22 18.01.2022
0.2 Oct/21 02.10.2021
0.2 Sep/21 04.09.2021
0.2 Aug/21 07.08.2021


Historical Chart by prime ministers (%)

Deposit Interest Rate in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Canada

Index Updated Actual Previous
Bank Lending Rate May/22 3.2 % 3.2
Interbank Rate May/22 2.09 % 2.09
Interest Rate Apr/22 1 % 0.5
Loans to Private Sector Mar/22 419.147 B USD 418.932
Money Supply M1 Mar/22 1295.586 B USD 1295.786
Central Bank Balance Sheet Apr/22 379.866 B USD 382.68
Foreign Direct Investment 4Q/21 15.279 B USD 14.291
Private Sector Credit  Sep/20 3719.55 B USD 3703.917

Deposit Interest Rate in other countries

Country Updated Actual Previous
Colombia 2020 3.38 % 4.49
Panama 2020 2.05 % 2.17
Honduras 2020 8.13 % 8.42
Brazil Feb/22 7.4 % 8.47
Chile 2020 0.86 % 2.53
Paraguay 2020 3.37 % 3.44
Argentina May/22 46.43 % 46.43
Canada May/22 1.8 % 1.73
Ecuador 2020 4.78 % 4.4
Mexico Feb/22 1.47 % 1.29
Peru 2020 1.86 % 3.67
Uruguay 2020 4.8 % 5.07
Jamaica 2020 2.5 % 2.6
Suriname Feb/22 7.4 % 7.1
Venezuela May/22 36 % 36
Belize 2020 2.18 % 1.95
Cameroon 2017 2.45 % 2.45
Cape Verde 2020 0.88 % 1.5
Dominican Republic 2022 5.84 % 5.27
Guyana 2020 0.85 % 0.88
Haiti 2019 7.89 % 6.13
Nicaragua 2020 2.15 % 3.07
Trinidad and Tobago 2020 1.5 % 1.5