Deposit Interest Rate in Canada
Deposit Interest Rate in Canada
| Indicator | Data | Period |
|---|---|---|
| Deposit Interest Rate | 5.23 % | Oct/23 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in Canada?
- Bank Deposit Interest Rate in Canada remained unchanged at 5.23 % in October 2023. The maximum rate was 22.06 % and minimum was -0.1 %.
- Data published Monthly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 5.23 | Oct/23 | 02.10.2023 |
| 5.11 | Sep/23 | 06.09.2023 |
| 5.18 | Aug/23 | 01.08.2023 |
| 5.18 | Jul/23 | 14.07.2023 |
| 4.99 | Jun/23 | 01.06.2023 |
| 4.68 | May/23 | 01.05.2023 |
| 4.71 | Apr/23 | 03.04.2023 |
| 4.54 | Mar/23 | 01.03.2023 |
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 | Sep/23 | 7.2 % | 7.2 |
| Interbank Rate | Oct/23 | 5.57 % | 5.57 |
| Interest Rate | Sep/23 | 5 % | 5 |
| Loans to Private Sector | Jul/23 | 481.631 B USD | 481.094 |
| Money Supply M1 | Jul/23 | 1111.114 B USD | 1107.342 |
| Central Bank Balance Sheet | Aug/23 | 256.707 B USD | 263.168 |
| Foreign Direct Investment | 2Q/23 | 8.998 B USD | 14.978 |
| Private Sector Credit | Sep/20 | 3719.55 B USD | 3703.917 |
Deposit Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Colombia | 2022 | 8.5 % | 2.07 |
| Panama | 2021 | 1.76 % | 2.05 |
| Honduras | 2022 | 4.25 % | 5.8 |
| Brazil | Jul/23 | 9.48 % | 13.49 |
| Chile | 2022 | 8.99 % | 1.28 |
| Paraguay | 2021 | 3.42 % | 3.37 |
| Argentina | Oct/23 | 114 % | 114 |
| Canada | Oct/23 | 5.23 % | 5.23 |
| Ecuador | 2022 | 4.16 % | 4.16 |
| Mexico | Jul/23 | 4.95 % | 4.63 |
| Peru | 2022 | 4.82 % | 0.7 |
| Uruguay | 2022 | 6.24 % | 3.8 |
| Jamaica | 2022 | 3.8 % | 2.6 |
| Suriname | Jun/23 | 8.2 % | 8.1 |
| Venezuela | Oct/23 | 36 % | 36 |
| Belize | 2022 | 2.22 % | 2.23 |
| Cameroon | 2017 | 2.45 % | 2.45 |
| Cape Verde | 2022 | 0.97 % | 0.67 |
| Dominican Republic | 2023 | 7.89 % | 7.63 |
| Guyana | 2021 | 0.8 % | 0.85 |
| Haiti | 2021 | 4.94 % | 5.37 |
| Nicaragua | 2022 | 1.17 % | 1.49 |
| Trinidad and Tobago | 2022 | 1.5 % | 1.5 |
