This statistic shows the interest rates per annum from households on deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019. The interest rate in Belgium was 0.66 percent in August 2019. The monetary policy of the European Central Bank (ECB) maintains artificially low interest rates in an effort to increase inflation on the European continent. As a consequence, locking money away in a savings account becomes less lucrative. Despite that, the saving rate of households in the Netherlands is forecasted to increase by approximately 14.7 percent in 2019.
Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019
The source states that "the bank interest rate statistics cover those rates that resident monetary financial institutions apply to euro-denominated deposits and loans by households and non-financial corporations that are residents of the euro area. These statistics are used for the analysis of monetary developments and the monetary transmission mechanism as well as for the monitoring of financial stability."
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European Commission. (October 8, 2019). Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/
European Commission. "Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019." Chart. October 8, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/
European Commission. (2019). Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/
European Commission. "Interest Rates per Annum on Household Deposits with An Agreed Maturity of More than One Year in Belgium, Luxembourg and The Netherlands from August 2018 to August 2019." Statista, Statista Inc., 8 Oct 2019, https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/
European Commission, Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019 Statista, https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/ (last visited November 04, 2024)
Interest rates per annum on household deposits with an agreed maturity of more than one year in Belgium, Luxembourg and the Netherlands from August 2018 to August 2019 [Graph], European Commission, October 8, 2019. [Online]. Available: https://www.statista.com/statistics/591325/interest-rates-household-deposits-with-maturity-up-to1-year-in-the-benelux/
