Bank Deposit Interest Rate
South America Ranking
percentSource: IMF
Definition of Bank Deposit Interest Rate
The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Argentina | 113.2 | 9-2023 | 1 | 90.67 |
| 2 | Venezuela | 36 | 7-2023 | 2 | 36 |
| 3 | Suriname | 19.55 | 6-2023 | 3 | 14.86 |
| 4 | Colombia | 13.07 | 9-2023 | 4 | 13.02 |
| 5 | Brazil | 12 | 6-2023 | 5 | 12.2 |
| 6 ↑ | Uruguay | 8.8 | 8-2023 | 7 | 9.09 |
| 7 ↓ | Chile | 8.78 | 9-2023 | 6 | 10.67 |
| 8 | Peru | 7.69 | 6-2023 | 8 | 7.34 |
| 9 | Paraguay | 3.66 | 6-2023 | 9 | 3.37 |
| 10 | Guyana | 1.02 | 6-2023 | 10 | 1.02 |
The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
