Deposit interest rate (%) in Japan
Japan: Deposit interest rate (%) was 0.3% in 2017. ◆ Volatile
Deposit interest rate in Japan, 1960–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Japan is 0.3%, measured in 2017.
That represents a change of up 6.7% on the previous year and down 60.3% over ten years.
Over the whole period, deposit interest rate in Japan peaked at 8.6% in 1980 and was at its lowest, 0.0%, in 2002.
Japan ranks 141st of 153 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Japan, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 6.7% | — |
| 1961 | 6.4% | -5.2% |
| 1962 | 6.2% | -1.8% |
| 1963 | 6.2% | +0.0% |
| 1964 | 6.2% | +0.0% |
| 1965 | 6.2% | +0.0% |
| 1966 | 6.2% | +0.0% |
| 1967 | 6.2% | +0.0% |
| 1968 | 6.2% | +0.0% |
| 1969 | 6.2% | +0.0% |
| 1970 | 6.2% | +0.0% |
| 1971 | 6.2% | +0.0% |
| 1972 | 6.1% | -3.1% |
| 1973 | 6.2% | +3.2% |
| 1974 | 8.3% | +33.3% |
| 1975 | 8.3% | +0.0% |
| 1976 | 7.0% | -15.6% |
| 1977 | 6.0% | -14.8% |
| 1978 | 4.2% | -29.9% |
| 1979 | 5.2% | +23.3% |
| 1980 | 8.6% | +66.0% |
| 1981 | 6.9% | -19.3% |
| 1982 | 5.9% | -15.5% |
| 1983 | 5.9% | +0.0% |
| 1984 | 5.5% | -6.7% |
| 1985 | 5.5% | +0.0% |
| 1986 | 3.6% | -33.8% |
| 1987 | 2.7% | -24.0% |
| 1988 | 2.7% | +0.0% |
| 1989 | 3.1% | +11.9% |
| 1990 | 5.6% | +80.7% |
| 1991 | 6.0% | +7.6% |
| 1992 | 3.4% | -44.0% |
| 1993 | 2.1% | -36.0% |
| 1994 | 1.7% | -20.8% |
| 1995 | 0.9% | -46.9% |
| 1996 | 0.3% | -66.7% |
| 1997 | 0.3% | +0.3% |
| 1998 | 0.3% | -11.8% |
| 1999 | 0.1% | -56.1% |
| 2000 | 0.1% | -39.7% |
| 2001 | 0.1% | -18.9% |
| 2002 | 0.0% | -37.7% |
| 2003 | 0.0% | +19.4% |
| 2004 | 0.1% | +88.8% |
| 2005 | 0.3% | +237.8% |
| 2006 | 0.7% | +151.9% |
| 2007 | 0.8% | +18.4% |
| 2008 | 0.6% | -27.1% |
| 2009 | 0.4% | -26.1% |
| 2010 | 0.5% | +15.0% |
| 2011 | 0.5% | -7.7% |
| 2012 | 0.5% | +3.6% |
| 2013 | 0.5% | +13.4% |
| 2014 | 0.4% | -23.4% |
| 2015 | 0.4% | -2.2% |
| 2016 | 0.3% | -26.1% |
| 2017 | 0.3% | +6.7% |
Japan compared with similar countries
- Japan's 0.3% is below the median for high income countries, which is 1.6%, 21% of the median. (39 countries reporting)
- Japan's 0.3% is below the median for East Asia & Pacific, which is 1.5%, 21% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate (%) in Japan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +237.8% | 0.1% | 0.3% |
| 2006 | +151.9% | 0.3% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.3% | 6.2% | 6.7% | 10 |
| 1970s | 6.4% | 4.2% | 8.3% | 10 |
| 1980s | 5.0% | 2.7% | 8.6% | 10 |
| 1990s | 2.1% | 0.1% | 6.0% | 10 |
| 2000s | 0.3% | 0.0% | 0.8% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 8 |
Countries ranked near Japan
More financial sector data for Japan
- Reserve position in the IMF, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.29 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.15 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 66.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.29 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.15 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Japan?
- Deposit interest rate in Japan was 0.3% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Japan?
- The highest recorded value was 8.6% in 1980.
- What is the lowest deposit interest rate recorded in Japan?
- The lowest recorded value was 0.0% in 2002.
- How does Japan rank for deposit interest rate?
- Japan ranks 141st out of 153 countries with data for 2017.
- Is deposit interest rate rising or falling in Japan?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is volatile.
- Where does this Japan data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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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.