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Deposit Interest Rate in Philippines

Deposit Interest Rate in Philippines

Indicator Data Period
Deposit Interest Rate 5.75 % Sep/23


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Philippines - Historical Data (%)

What is average deposit bank interest rate in Philippines?

  • Bank Deposit Interest Rate in Philippines remained unchanged at 5.75 % in September 2023. The maximum rate was 4.25 % and minimum was 1.5 %.
  • Data published Monthly by World Bank.

Historical Data (%) by years

Data
Period
Date
5.75 Sep/23 21.09.2023
5.75 Aug/23 17.08.2023
5.75 Jul/23 04.08.2023
5.75 Jun/23 22.06.2023
5.75 May/23 18.05.2023
5.75 Mar/23 23.03.2023
5 Feb/23 16.02.2023
5 Dec/22 15.12.2022


Historical Chart by presidents (%)

Deposit Interest Rate in Philippines by presidents

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

Other money indicators in Philippines

Index Updated Actual Previous
Bank Lending Rate Dec/19 6.54 % 6.77
Interbank Rate Apr/19 5.22 % 5.25
Interest Rate Sep/23 6.25 % 6.25
Loans to Private Sector Jul/23 9538.916 B USD 9551.262
Money Supply M1 Aug/23 6465.417 B USD 6402.503
Central Bank Balance Sheet Jun/23 7294 B USD 7480
Foreign Direct Investment Jul/23 0.753 B USD 0.484

Deposit Interest Rate in other countries

Country Updated Actual Previous
Bangladesh 2022 5.42 % 5.05
Jordan Aug/23 5.81 % 5.69
Kyrgyzstan 2022 3.29 % 3.68
Mongolia Aug/23 11.16 % 10.99
Tajikistan 2019 5.2 % 3.8
Cambodia 2023 1.58 % 1.5
China Sep/23 0.35 % 0.35
Georgia Jul/23 11.38 % 11.69
Israel 2023 4.86 % 4.86
Pakistan Dec/21 7.25 % 5.97
South Korea Jul/23 3.81 % 3.77
Vietnam 2022 3.56 % 3.38
Maldives 2023 1.5 % 1.5
Armenia Sep/23 8.25 % 8.75
Indonesia Sep/23 5 % 5
Japan Oct/23 -0.23 % -0.23
Lebanon 2023 0.84 % 0.59
Malaysia 2022 1.95 % 1.56
Philippines Sep/23 5.75 % 5.75
Qatar Sep/23 5.75 % 5.75
Singapore Jun/21 0.12 % 0.12
Sri Lanka Jun/20 5.5 % 5.5
Thailand 2022 0.51 % 0.41
Oman 2021 4.15 % 4.03
Azerbaijan 2022 8.98 % 8.71
Kuwait 2022 1.6 % 1.4
Saudi Arabia Oct/23 3.7 % 3.7
Syria 2010 6.22 % 6.35
Bhutan 2021 3 % 3
Brunei 2022 0.14 % 0.14
Mauritius 2022 1.22 % 0.71