Bank deposit interest rate, percent in Australia, January 1982 - March 2021
For that indicator, we provide data for Australia from January 1982 to March 2021. The average value for Australia during that period was 6.5 percent with a minimum of 0.3 percent in January 2021 and a maximum of 16 percent in October 1989.
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around the world.
* indicates monthly or quarterly data series
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.