Canada vs Micronesia (country): Deposit interest rate (%)
Canada
0.1%
in 2017
Micronesia (country)
0.0%
in 2021
Canada rank
150th
Micronesia (country) rank
153rd
Deposit interest rate (%) over time
- Canada
- Micronesia (country)
How they compare
Canada currently reports 0.1% against 0.0% in Micronesia (country), a difference of 0.1%.
That makes Canada's figure about 2.5 times Micronesia (country)'s.
The two have swapped places 4 times across 23 shared years of data; in 1995 it was Micronesia (country) ahead.
Canada ranks 150th and Micronesia (country) ranks 153rd of 153 countries.
Micronesia (country) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.2% | 4.4% | 1.1% | Micronesia (country) |
| 2000s | 1.5% | 2.1% | 0.6% | Micronesia (country) |
| 2010s | 0.3% | 0.5% | 0.2% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Canada or Micronesia (country)?
- Canada, at 0.1% against 0.0% in Micronesia (country) as of 2017.
- What is the difference in deposit interest rate between Canada and Micronesia (country)?
- 0.1%, with Canada ahead.
- How many years of comparable data are there for Canada and Micronesia (country)?
- 23 years are reported by both, from 1995 to 2017.
- How do Canada and Micronesia (country) rank globally for deposit interest rate?
- Canada ranks 150th and Micronesia (country) ranks 153rd of 153 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.