Australia - deposit interest rate

The deposit interest rate in Australia declined to 1.56 percent in 2019. Therefore, the deposit interest rate in Australia saw its lowest number in that year with 1.56 percent. Notably, the deposit interest rate is continuously decreasing over the last years.
Deposit rate refers to the amount of money paid out in interest by a bank of financial institution on cash deposits.

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

Annual deposit interest rate in Australia from 2010 to 2019

Characteristic	Deposit interest rate
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Release date

March 2024

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Region

Australia

Survey time period

2010 to 2019

Supplementary notes

Deposit interest rate is defined as the rate that is paid by commercial or similar banks for demand, time, or savings deposits. Since the terms and conditions attached to these rates differ by country, it is difficult to compare those rates among countries.

Release date is the date of access.

Values have been rounded.

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