German private households had a total of around 523.1 billion euros worth in fixed-term deposits, as of 2023. This was a substantial increase compared to the year before. Fixed-term or time deposits are financial assets kept in a bank with a fixed duration period. The interest rate is fixed for this duration period and is usually higher than for demand deposits.
Fixed-term deposits of private households in Germany from 1999 to 2023
(in billion euros)
Characteristic
Fixed-term deposits in billion euros
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Deutsche Bundesbank. (April 17, 2024). Fixed-term deposits of private households in Germany from 1999 to 2023 (in billion euros) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/
Deutsche Bundesbank. "Fixed-term deposits of private households in Germany from 1999 to 2023 (in billion euros)." Chart. April 17, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/
Deutsche Bundesbank. (2024). Fixed-term deposits of private households in Germany from 1999 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/
Deutsche Bundesbank. "Fixed-term Deposits of Private Households in Germany from 1999 to 2023 (in Billion Euros)." Statista, Statista Inc., 17 Apr 2024, https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/
Deutsche Bundesbank, Fixed-term deposits of private households in Germany from 1999 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/ (last visited July 22, 2024)
Fixed-term deposits of private households in Germany from 1999 to 2023 (in billion euros) [Graph], Deutsche Bundesbank, April 17, 2024. [Online]. Available: https://www.statista.com/statistics/1365016/fixed-term-deposits-of-private-households-germany/