5 thoughts on “Deposit interest rates in various countries”
Mercedes
1. China: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan of 4.35% 2. The United States: 0.2%of the 1 -year deposit deposit on 2020, the benchmark interest rate of the loan 3.54% 3. Russia: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of the loan 6.78% 4. Japan: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of loan is 1.00% 5. South Korea: 2020 1 year of 1 year The benchmark interest rate of the period deposit is 1.16%, the benchmark interest rate of the loan is 2.80% 6. Vietnam: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of the loan 7.65% 7. 4.9%, the benchmark interest rate of loan 9.15% 8. Myanmar: The benchmark interest rate of 1 year deposit in 2020, the benchmark interest rate of loan is 14.83% 9. The benchmark interest rate is 10.76% 10. Philippines: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan 6.70% 11. 12. Ukraine: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan of 14.29% 13. Thailand: The benchmark interest rate of 1 year deposit in 2020, 3.29% 15. Uganda: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of loan ): The benchmark interest rate of 1 -year deposit in 2020, 5.39%, and the benchmark interest rate of 25.68%
The examples above are all developed countries. If it is also added to developing countries, what is the situation? In the BRICS country where China is located, India's deposit interest rate is 6.25%and Brazil's deposit interest rate is 6.5%. Russia's deposit interest rate is 7.75%, and South Africa's deposit interest rate is 6.75%, which is much higher than our country. Even if the bank deposit interest rate in my country is now raised, it is impossible to compare with these countries at all. So, if you join the other countries in the world, what level is my country's deposit interest rate at? See the table:
Bank deposit interest rate Table 2 In above it can be seen that my country's deposit is at the middle and lower reaches of the world's top 50 countries. However, the lower deposit interest rates are mainly concentrated in Europe, and these are basically developed countries. As for the developing countries, there are basically no deposit interest rates of no country than in my country. Except for the countries listed above, most of the other countries that have not been included are developing countries, so it is conceivable that my country's deposit interest rate in the world should be considered relatively backward. The higher deposit interest rate for the common people? In fact, the deposit interest rate is high, and the deposit of ordinary people can indeed get more interest, but the deposit interest rate is also likely to mean inflation inflation. high. Just like those countries with more than 10%of the deposit interest rate, they are likely to face severe inflation. Even if they can earn more deposit interest, it is difficult to make up for the losses caused by currency depreciation. Therefore, bank deposits do not have to pursue high, and moderate is the best. Of course, the deposit interest rate is too low, and the people are unwilling to deposit the bank, and the bank's life is sad.
China's deposit interest rate is 1.50%, 2.25%in the United States, 1.90%in Singapore, 1.85%in Australia, 1.75%in Canada, 0.50%in France, 0.32%in Japan, 0.50%in the UK, 6.25%in India, Italy -0.40%Germany -0.40%, Vietnam 6.25%
European Central Bank, 1.25% The people's Bank of China, 3.65% The Bank of Japan, -0.1% Swiss central bank, -0.25% 25% This Japan is still negative interest rates. When the deposit loses money, he does not want to save money. It needs consumption and needs to invest.
On the 20th, the central bank's public account published an article entitled "In -depth Marketing Reform of Interest rates", which mentioned that with the gradual improvement of the market -oriented mechanism of deposit interest rates, in mid -September 2022, state -owned commercial banks took the initiative to reduce deposit interest rates, which drive Other banks follow the adjustment, and many banks have adjusted the deposit interest rate for the first time since October 2015. This is the active behavior of banks to strengthen asset -liability management and stable liabilities, showing that the market -oriented reform of deposit interest rates has taken an important step forward.
The central bank mentioned that in June 2021, the People's Bank of China guided the market interest rate pricing self -discipline mechanism to optimize the deposit interest rate self -discipline. The leverage effect optimizes the period structure of the period deposit interest rate. In April 2022, the Bank of Self -Regulatory Mechanism Bank referred to the bond market interest rate represented by 10 -year Treasury bond yields and the loan market interest rate represented by a one -year LPR, and reasonably adjusted the level of deposit interest rates.
1. China: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan of 4.35%
2. The United States: 0.2%of the 1 -year deposit deposit on 2020, the benchmark interest rate of the loan 3.54%
3. Russia: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of the loan 6.78%
4. Japan: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of loan is 1.00%
5. South Korea: 2020 1 year of 1 year The benchmark interest rate of the period deposit is 1.16%, the benchmark interest rate of the loan is 2.80%
6. Vietnam: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of the loan 7.65%
7. 4.9%, the benchmark interest rate of loan 9.15%
8. Myanmar: The benchmark interest rate of 1 year deposit in 2020, the benchmark interest rate of loan is 14.83%
9. The benchmark interest rate is 10.76%
10. Philippines: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan 6.70%
11.
12. Ukraine: The benchmark interest rate of the 1 -year deposit of 2020, the benchmark interest rate of the loan of 14.29%
13. Thailand: The benchmark interest rate of 1 year deposit in 2020, 3.29%
15. Uganda: The benchmark interest rate of the 1 -year deposit in 2020, the benchmark interest rate of loan ): The benchmark interest rate of 1 -year deposit in 2020, 5.39%, and the benchmark interest rate of 25.68%
The examples above are all developed countries. If it is also added to developing countries, what is the situation? In the BRICS country where China is located, India's deposit interest rate is 6.25%and Brazil's deposit interest rate is 6.5%. Russia's deposit interest rate is 7.75%, and South Africa's deposit interest rate is 6.75%, which is much higher than our country. Even if the bank deposit interest rate in my country is now raised, it is impossible to compare with these countries at all. So, if you join the other countries in the world, what level is my country's deposit interest rate at? See the table:
Bank deposit interest rate Table 2
In above it can be seen that my country's deposit is at the middle and lower reaches of the world's top 50 countries. However, the lower deposit interest rates are mainly concentrated in Europe, and these are basically developed countries. As for the developing countries, there are basically no deposit interest rates of no country than in my country. Except for the countries listed above, most of the other countries that have not been included are developing countries, so it is conceivable that my country's deposit interest rate in the world should be considered relatively backward.
The higher deposit interest rate for the common people? In fact, the deposit interest rate is high, and the deposit of ordinary people can indeed get more interest, but the deposit interest rate is also likely to mean inflation inflation. high. Just like those countries with more than 10%of the deposit interest rate, they are likely to face severe inflation. Even if they can earn more deposit interest, it is difficult to make up for the losses caused by currency depreciation. Therefore, bank deposits do not have to pursue high, and moderate is the best. Of course, the deposit interest rate is too low, and the people are unwilling to deposit the bank, and the bank's life is sad.
China's deposit interest rate is 1.50%, 2.25%in the United States, 1.90%in Singapore, 1.85%in Australia, 1.75%in Canada, 0.50%in France, 0.32%in Japan, 0.50%in the UK, 6.25%in India, Italy -0.40%Germany -0.40%, Vietnam 6.25%
European Central Bank, 1.25%
The people's Bank of China, 3.65%
The Bank of Japan, -0.1%
Swiss central bank, -0.25%
25%
This Japan is still negative interest rates. When the deposit loses money, he does not want to save money. It needs consumption and needs to invest.
On the 20th, the central bank's public account published an article entitled "In -depth Marketing Reform of Interest rates", which mentioned that with the gradual improvement of the market -oriented mechanism of deposit interest rates, in mid -September 2022, state -owned commercial banks took the initiative to reduce deposit interest rates, which drive Other banks follow the adjustment, and many banks have adjusted the deposit interest rate for the first time since October 2015. This is the active behavior of banks to strengthen asset -liability management and stable liabilities, showing that the market -oriented reform of deposit interest rates has taken an important step forward.
The central bank mentioned that in June 2021, the People's Bank of China guided the market interest rate pricing self -discipline mechanism to optimize the deposit interest rate self -discipline. The leverage effect optimizes the period structure of the period deposit interest rate. In April 2022, the Bank of Self -Regulatory Mechanism Bank referred to the bond market interest rate represented by 10 -year Treasury bond yields and the loan market interest rate represented by a one -year LPR, and reasonably adjusted the level of deposit interest rates.