Australia Bank Deposit Interest Rate (2019)
Australia's Bank Deposit Interest Rate: 1.6 % per annum in 2019, -0.4pp YoY. World Bank (FR.INR.DPST), 1981–2019.
Australia (2019)
1.6
% per annum
-0.4pp YoY
YoY Change
-0.4pp
percentage points
Trend
down
Series length
39
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 2019 | 1.6 | -0.4pp |
| 2018 | 2 | unchanged |
| 2017 | 2 | -0.1pp |
| 2016 | 2.1 | -0.2pp |
| 2015 | 2.3 | -0.6pp |
| 2014 | 2.9 | -0.4pp |
| 2013 | 3.3 | -0.6pp |
| 2012 | 3.9 | -0.4pp |
| 2011 | 4.3 | +0.1pp |
| 2010 | 4.2 | +1.1pp |
| 2009 | 3.1 | -1.6pp |
| 2008 | 4.7 | +0.2pp |
| 2007 | 4.5 | +0.4pp |
| 2006 | 4.1 | +0.2pp |
| 2005 | 3.9 | unchanged |
| 2004 | 3.9 | +0.4pp |
| 2003 | 3.5 | -0.2pp |
| 2002 | 3.7 | unchanged |
| 2001 | 3.7 | -1.2pp |
| 2000 | 4.9 | +0.8pp |
About this Dataset
Australia recorded 1.6 % per annum in 2019. The latest change was -0.4pp. Across 1981–2019 the series ranges from 1.6 % per annum in 2019 to 18.3 % per annum in 1989.
This page tracks the benchmark bank deposit interest rate in Australia. The spread between lending and deposit rates is a core measure of bank profitability and financial system efficiency.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the benchmark bank deposit interest rate in Australia. The spread between lending and deposit rates is a core measure of bank profitability and financial system efficiency. It is published by World Bank and updated annually.
The most recent observation covers 2019. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1981–2019 (39 observations).
The series is at its lowest recorded level, 1.6 % per annum in 2019, down from a peak of 18.3 % per annum in 1989. The latest change was -0.4pp.