Canada vs Singapore: Deposit interest rate
Canada
0.1%
in 2017
Singapore
0.1%
in 2021
Canada rank
150th
Singapore rank
149th
Deposit interest rate over time
- Canada
- Singapore
How they compare
Singapore currently reports 0.1% against 0.1% in Canada, a difference of 0.0%.
That makes Singapore's figure about 1.2 times Canada's.
The two have swapped places 7 times across 41 shared years of data; in 1977 it was Canada ahead.
Canada ranks 150th and Singapore ranks 149th of 152 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.8% | 5.0% | 3.8% | Canada |
| 1980s | 9.3% | 5.8% | 3.5% | Canada |
| 1990s | 4.3% | 3.4% | 0.9% | Canada |
| 2000s | 1.5% | 0.7% | 0.7% | Canada |
| 2010s | 0.3% | 0.2% | 0.2% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Canada or Singapore?
- Singapore, at 0.1% against 0.1% in Canada as of 2021.
- What is the difference in deposit interest rate between Canada and Singapore?
- 0.0%, with Singapore ahead.
- How many years of comparable data are there for Canada and Singapore?
- 41 years are reported by both, from 1977 to 2017.
- How do Canada and Singapore rank globally for deposit interest rate?
- Canada ranks 150th and Singapore ranks 149th of 152 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.