Deposit Rate, Percent per annum in Australia
Australia: Deposit Rate, Percent per annum was 1.56 in 2019. ◆ Volatile
Deposit Rate, Percent per annum in Australia, 1981–2019
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, percent per annum in Australia is 1.56, measured in 2019. That is the lowest value across all 39 years on record.
That represents a change of down 21.3% on the previous year and down 49.4% over ten years.
Over the whole period, deposit rate, percent per annum in Australia peaked at 18.35 in 1989 and was at its lowest, 1.56, in 2019.
That places Australia 110th out of 143 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 13.62 | — |
| 1982 | 15.01 | +10.2% |
| 1983 | 12.85 | -14.4% |
| 1984 | 12.46 | -3.0% |
| 1985 | 14.01 | +12.4% |
| 1986 | 16.22 | +15.8% |
| 1987 | 14.88 | -8.2% |
| 1988 | 13.36 | -10.2% |
| 1989 | 18.35 | +37.3% |
| 1990 | 15.83 | -13.7% |
| 1991 | 11.05 | -30.2% |
| 1992 | 7.12 | -35.5% |
| 1993 | 5.76 | -19.1% |
| 1994 | 5.75 | -0.3% |
| 1995 | 7.15 | +24.3% |
| 1996 | 6.68 | -6.5% |
| 1997 | 5.05 | -24.4% |
| 1998 | 4.34 | -14.1% |
| 1999 | 4.06 | -6.4% |
| 2000 | 4.91 | +20.9% |
| 2001 | 3.74 | -23.8% |
| 2002 | 3.7 | -1.0% |
| 2003 | 3.51 | -5.2% |
| 2004 | 3.85 | +9.7% |
| 2005 | 3.89 | +1.1% |
| 2006 | 4.06 | +4.4% |
| 2007 | 4.53 | +11.5% |
| 2008 | 4.72 | +4.3% |
| 2009 | 3.08 | -34.8% |
| 2010 | 4.21 | +36.8% |
| 2011 | 4.34 | +3.0% |
| 2012 | 3.92 | -9.7% |
| 2013 | 3.25 | -17.0% |
| 2014 | 2.9 | -10.6% |
| 2015 | 2.3 | -20.7% |
| 2016 | 2.14 | -7.1% |
| 2017 | 2.01 | -6.2% |
| 2018 | 1.98 | -1.5% |
| 2019 | 1.56 | -21.3% |
Australia compared with similar countries
- Australia's 1.56 is below the median for high income countries, which is 1.58, 99% of the median. (34 countries reporting)
- Australia's 1.56 is above the median for East Asia & Pacific, which is 1.51, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.53 | 12.46 | 18.35 | 9 |
| 1990s | 7.28 | 4.06 | 15.83 | 10 |
| 2000s | 4 | 3.08 | 4.91 | 10 |
| 2010s | 2.86 | 1.56 | 4.34 | 10 |
Countries ranked near Australia
- 107 Kyrgyzstan 1.67 compare
- 108 Czechia 1.6 compare
- 109 Samoa 1.58 compare
- 111 San Marino 1.55 compare
- 112 Dominica 1.54 compare
- 113 Cape Verde 1.53 compare
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Australia?
- Deposit rate, percent per annum in Australia was 1.56 in 2019, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Australia?
- The highest recorded value was 18.35 in 1989.
- What is the lowest deposit rate, percent per annum recorded in Australia?
- The lowest recorded value was 1.56 in 2019.
- How does Australia rank for deposit rate, percent per annum?
- Australia ranks 110th out of 143 countries with data for 2019.
- Is deposit rate, percent per annum rising or falling in Australia?
- Over the last ten years it is down 49.4%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.