Singapore Bank Deposit Interest Rate (2021)
Singapore's Bank Deposit Interest Rate: 0.1 % per annum in 2021, -0.1pp YoY. World Bank (FR.INR.DPST), 1977–2021.
Singapore (2021)
0.1
% per annum
-0.1pp YoY
YoY Change
-0.1pp
percentage points
Trend
down
Series length
45
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 2021 | 0.1 | -0.1pp |
| 2020 | 0.2 | unchanged |
| 2019 | 0.2 | unchanged |
| 2018 | 0.2 | +0.1pp |
| 2017 | 0.1 | -0.1pp |
| 2016 | 0.2 | unchanged |
| 2015 | 0.2 | +0.1pp |
| 2014 | 0.1 | unchanged |
| 2013 | 0.1 | unchanged |
| 2012 | 0.1 | -0.1pp |
| 2011 | 0.2 | unchanged |
| 2010 | 0.2 | -0.1pp |
| 2009 | 0.3 | -0.1pp |
| 2008 | 0.4 | -0.1pp |
| 2007 | 0.5 | -0.1pp |
| 2006 | 0.6 | +0.2pp |
| 2005 | 0.4 | unchanged |
| 2004 | 0.4 | -0.1pp |
| 2003 | 0.5 | -0.4pp |
| 2002 | 0.9 | -0.6pp |
About this Dataset
Singapore recorded 0.1 % per annum in 2021. The latest change was -0.1pp. Across 1977–2021 the series ranges from 0.1 % per annum in 2021 to 10.7 % per annum in 1981.
This page tracks the benchmark bank deposit interest rate in Singapore. 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 Singapore. 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 2021. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1977–2021 (45 observations).
The series is at its lowest recorded level, 0.1 % per annum in 2021, down from a peak of 10.7 % per annum in 1981. The latest change was -0.1pp.