Deposit interest rates in the Philippines 2010-2019

Published by Statista Research Department, Nov 4, 2024
The deposit interest rate in the Philippines increased by one percentage points (+32.05 percent) compared to the previous year. With 4.08 percent, the deposit interest rate thereby reached its highest value in the observed period.
A deposit interest rate is the percentage of profit someone earns on their money in an interest-bearing account with a financial institution. Essentially, it is the money that banks, and credit unions pay someone for keeping their money in their institutions.

Find more statistics on other topics about the Philippines with key insights such as real interest rate, market capitalization of listed domestic companies as a share of GDP, and broad money as a percentage of GDP.

Deposit interest rates in the Philippines from 2010 to 2019

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Release date

October 2024

Region

Asia, Philippines

Survey time period

2010 to 2019

Supplementary notes

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

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