Deposit interest rate in Micronesia (country)
Micronesia (country): Deposit interest rate was 0.0% in 2021. ◆ Volatile
Deposit interest rate in Micronesia (country), 1995–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Micronesia (country) recorded 0.0% for deposit interest rate in 2021. That is the lowest value across all 27 years on record.
The figure is down 42.9% on the previous year and down 93.2% over ten years.
Over the whole period, deposit interest rate in Micronesia (country) peaked at 5.3% in 1995 and was at its lowest, 0.0%, in 2021.
That places Micronesia (country) 153rd out of 153 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate in Micronesia (country), year by year
| Year | % | Change |
|---|---|---|
| 1995 | 5.3% | — |
| 1996 | 4.6% | -14.1% |
| 1997 | 4.2% | -8.0% |
| 1998 | 4.0% | -5.5% |
| 1999 | 3.7% | -6.5% |
| 2000 | 4.6% | +23.3% |
| 2001 | 3.2% | -30.8% |
| 2002 | 1.5% | -53.7% |
| 2003 | 1.0% | -30.5% |
| 2004 | 1.0% | -0.4% |
| 2005 | 1.6% | +59.5% |
| 2006 | 2.0% | +25.4% |
| 2007 | 2.5% | +24.6% |
| 2008 | 2.5% | -2.7% |
| 2009 | 1.3% | -47.9% |
| 2010 | 0.9% | -29.2% |
| 2011 | 0.6% | -35.3% |
| 2012 | 0.4% | -29.4% |
| 2013 | 0.4% | -8.6% |
| 2014 | 0.4% | +0.0% |
| 2015 | 0.4% | +0.0% |
| 2016 | 0.4% | +0.0% |
| 2017 | 0.5% | +23.7% |
| 2018 | 0.4% | -6.4% |
| 2019 | 0.3% | -29.5% |
| 2020 | 0.1% | -77.4% |
| 2021 | 0.0% | -42.9% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.0% is below the median for upper middle income countries, which is 4.1%, 1% of the median. (53 countries reporting)
- Micronesia (country)'s 0.0% is below the median for East Asia & Pacific, which is 1.5%, 3% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.4% | 3.7% | 5.3% | 5 |
| 2000s | 2.1% | 1.0% | 4.6% | 10 |
| 2010s | 0.5% | 0.3% | 0.9% | 10 |
| 2020s | 0.1% | 0.0% | 0.1% | 2 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Micronesia (country)?
- Deposit interest rate in Micronesia (country) was 0.0% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Micronesia (country)?
- The highest recorded value was 5.3% in 1995.
- What is the lowest deposit interest rate recorded in Micronesia (country)?
- The lowest recorded value was 0.0% in 2021.
- How does Micronesia (country) rank for deposit interest rate?
- Micronesia (country) ranks 153rd out of 153 countries with data for 2021.
- Is deposit interest rate rising or falling in Micronesia (country)?
- Over the last ten years it is down 93.2%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) 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.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.