Australia: Deposit interest rate

(measure: percent, source: Reserve Bank of Australia)
* indicates monthly or quarterly data series

Bank deposit interest rate, percent in Australia, May, 2019: For that indicator, Reserve Bank of Australia provides data for Australia from 1982 to 2019. The average value for Australia during that period was 6.79 percent with a minumum of 2.15 percent in December 2018 and a maximum of 16 percent in October 1989. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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Measure: percent
Source: Reserve Bank of Australia

Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
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