Australia: Deposit interest rate

* indicates monthly or quarterly data series
 Australia

Bank deposit interest rate, percent

 Latest value 1.2
 Reference July 2022
 Measure percent
 Source Reserve Bank of Australia

For that indicator, we provide data for Australia from January 1982 to July 2022. The average value for Australia during that period was 6.3 percent with a minimum of 0.25 percent in June 2021 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.
Select indicator
* indicates monthly or quarterly data series


Recent values


Longer historical series
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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