* indicates monthly or quarterly data series

Bank deposit interest rate, percent in Australia, October, 2020: For that indicator, we provide data for Australia from January 1982 to October 2020. The average value for Australia during that period was 6.57 percent with a minimum of 0.7 percent in October 2020 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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