Denmark: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 2.74 percent as of September 2024, a decline compared to the previous value of 2.8 percent. Historically, the average for Denmark from March 2003 to September 2024 is 1.45 percent. The minimum of -0.59 percent was recorded in February 2022, while the maximum of 5.19 percent was reached in November 2008.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Bank of Denmark
| Recent values | Denmark: Bank deposit interest rate, percent |
|---|---|
| 2024 Sep | 2.74 |
| 2024 Aug | 2.8 |
| 2024 Jul | 2.91 |
| 2024 Jun | 2.88 |
| 2024 May | 2.98 |
| 2024 Apr | 3 |
| 2024 Mar | 2.98 |
| 2024 Feb | 3.03 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.3 | 2023 | percent |
| Exchange rate regimes | 3 | 2022 | index points |
| USD exchange rate | 7.0197 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 1,752.62 | 9/2024 | billion |
| Consumer Price Index (CPI) | 120.0000 | 10/2024 | index points |
| Inflation, monthly | 0.67 | 10/2024 | percent |
| Inflation, annual | 1.61 | 10/2024 | percent |
| Private sector credit | 554.61 | 8/2024 | billion |
| Business credit | 216.47 | 8/2024 | billion |
| Household credit | 338.14 | 8/2024 | billion |
| Mortgage credit | 314.66 | 8/2024 | billion |
| Consumer credit | 23.48 | 8/2024 | billion |
| Deposit interest rate | 2.74 | 9/2024 | percent |
| Business credit interest rate | 5.41 | 9/2024 | percent |
| Mortgage credit interest rate | 5.23 | 9/2024 | percent |
| Policy rate | 2.85 | 10/2024 | percent |
| Household debt to GDP | 88.10 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 26.00 | Q1/2024 | percent |