{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"sg-deposit-interest-rate","url":"https://apiardata.com/statistics/sg-deposit-interest-rate","html_url":"https://apiardata.com/statistics/sg-deposit-interest-rate/","title":"Singapore Bank Deposit Interest Rate (2021)","description":"Singapore's Bank Deposit Interest Rate: 0.1 % per annum in 2021, -0.1pp YoY. World Bank (FR.INR.DPST), 1977–2021.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Singapore","2021"],"publisher":"World Bank","frequency":"Annual","geography":"Singapore","temporal_coverage":"1977/2021","unit":"% per annum","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2021","variable_measured":"Singapore Bank Deposit Interest Rate","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/FR.INR.DPST?locations=SG"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1977–2021"},{"label":"Observations","value":"45"},{"label":"Geography","value":"Singapore"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Singapore (2021)","value":"0.1","unit":"% per annum","trend":{"direction":"down","value":"-0.1pp YoY"}},{"label":"YoY Change","value":"-0.1pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"45","unit":"years of data"}],"series":[{"key":"value","label":"Singapore Bank Deposit Interest Rate"}],"observation_count":45,"observations":[{"period":"1977","value":4.064166666},{"period":"1978","value":4.748333333},{"period":"1979","value":6.200833333},{"period":"1980","value":9.368333333},{"period":"1981","value":10.71},{"period":"1982","value":7.214999999},{"period":"1983","value":6.31416666666667},{"period":"1984","value":6.975},{"period":"1985","value":4.99333333333333},{"period":"1986","value":3.91083333333333},{"period":"1987","value":2.88583333333333},{"period":"1988","value":2.7375},{"period":"1989","value":3.2125},{"period":"1990","value":4.67166666666667},{"period":"1991","value":4.63},{"period":"1992","value":2.86916666666667},{"period":"1993","value":2.30083333333333},{"period":"1994","value":3.00166666666667},{"period":"1995","value":3.50416666666667},{"period":"1996","value":3.41},{"period":"1997","value":3.47166666666667},{"period":"1998","value":4.60416666666667},{"period":"1999","value":1.68333333333333},{"period":"2000","value":1.71166666666667},{"period":"2001","value":1.52},{"period":"2002","value":0.869166666666667},{"period":"2003","value":0.5025},{"period":"2004","value":0.403333333333333},{"period":"2005","value":0.440833333333333},{"period":"2006","value":0.57},{"period":"2007","value":0.529166666666667},{"period":"2008","value":0.419166666666667},{"period":"2009","value":0.2925},{"period":"2010","value":0.205833333333333},{"period":"2011","value":0.168333333333333},{"period":"2012","value":0.135833333333333},{"period":"2013","value":0.14},{"period":"2014","value":0.144166666666667},{"period":"2015","value":0.166666666666667},{"period":"2016","value":0.19},{"period":"2017","value":0.141666666666667},{"period":"2018","value":0.156666666666667},{"period":"2019","value":0.1975},{"period":"2020","value":0.183333333333333},{"period":"2021","value":0.121666666666667}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% per annum"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2021","value":"0.1","yoyChange":"-0.1pp"},{"year":"2020","value":"0.2","yoyChange":"unchanged"},{"year":"2019","value":"0.2","yoyChange":"unchanged"},{"year":"2018","value":"0.2","yoyChange":"+0.1pp"},{"year":"2017","value":"0.1","yoyChange":"-0.1pp"},{"year":"2016","value":"0.2","yoyChange":"unchanged"},{"year":"2015","value":"0.2","yoyChange":"+0.1pp"},{"year":"2014","value":"0.1","yoyChange":"unchanged"},{"year":"2013","value":"0.1","yoyChange":"unchanged"},{"year":"2012","value":"0.1","yoyChange":"-0.1pp"},{"year":"2011","value":"0.2","yoyChange":"unchanged"},{"year":"2010","value":"0.2","yoyChange":"-0.1pp"},{"year":"2009","value":"0.3","yoyChange":"-0.1pp"},{"year":"2008","value":"0.4","yoyChange":"-0.1pp"},{"year":"2007","value":"0.5","yoyChange":"-0.1pp"},{"year":"2006","value":"0.6","yoyChange":"+0.2pp"},{"year":"2005","value":"0.4","yoyChange":"unchanged"},{"year":"2004","value":"0.4","yoyChange":"-0.1pp"},{"year":"2003","value":"0.5","yoyChange":"-0.4pp"},{"year":"2002","value":"0.9","yoyChange":"-0.7pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the benchmark bank deposit interest rate in Singapore from 1990 to present. 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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 10.7 % per annum in 1981 and reached its lowest recorded value of 0.1 in 2021. The latest reading of 0.1 in 2021 represents a change of -0.1pp."}]}