In 2020, the interest rate on bank savings deposits in Singapore was 0.09 percent. This rate gradually increased, reaching 0.16 percent in 2017, before declining to the lowest level observed over the last year of the measured period.
Savings deposit interest rates of banks in Singapore from 2011 to 2020
Characteristic
Deposit interest rates
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MAS. (January 5, 2024). Savings deposit interest rates of banks in Singapore from 2011 to 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/
MAS. "Savings deposit interest rates of banks in Singapore from 2011 to 2020." Chart. January 5, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/
MAS. (2024). Savings deposit interest rates of banks in Singapore from 2011 to 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/
MAS. "Savings Deposit Interest Rates of Banks in Singapore from 2011 to 2020." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/
MAS, Savings deposit interest rates of banks in Singapore from 2011 to 2020 Statista, https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/ (last visited July 22, 2024)
Savings deposit interest rates of banks in Singapore from 2011 to 2020 [Graph], MAS, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/1338836/singapore-banks-savings-deposit-interest-rates/