The deposit interest rate in Singapore decreased by 0.1 percentage points (-55.56 percent) since the previous year. Therefore, 2021 marks the lowest deposit interest rate during the observed period. Deposit rate refers to the amount of money paid out in interest by a bank of financial institution on cash deposits.
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World Bank. (June 28, 2024). Deposit interest rates in Singapore from 2007 to 2021 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/
World Bank. "Deposit interest rates in Singapore from 2007 to 2021." Chart. June 28, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/
World Bank. (2024). Deposit interest rates in Singapore from 2007 to 2021. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/
World Bank. "Deposit Interest Rates in Singapore from 2007 to 2021." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/
World Bank, Deposit interest rates in Singapore from 2007 to 2021 Statista, https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/ (last visited July 27, 2024)
Deposit interest rates in Singapore from 2007 to 2021 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/738429/singapore-deposit-interest-rates/