The deposit interest rate in Timor Leste decreased to 0.6 percent compared to the previous year. Therefore, 2023 marks the lowest deposit interest rate during the observed period. Notably, the deposit interest rate is continuously decreasing over the last years. 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.
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World Bank. (October 24, 2024). Deposit interest rates in Timor Leste from 2013 to 2023 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/
World Bank. "Deposit interest rates in Timor Leste from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/
World Bank. (2024). Deposit interest rates in Timor Leste from 2013 to 2023. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/
World Bank. "Deposit Interest Rates in Timor Leste from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/
World Bank, Deposit interest rates in Timor Leste from 2013 to 2023 Statista, https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/ (last visited November 09, 2024)
Deposit interest rates in Timor Leste from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/738662/timor-leste-deposit-interest-rates/
