This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This statistic presents the average intrest rate on retail euro-denominated bank deposits for the period of *** years in selected countries in Europe as of June 2014. In France, the intrest rate on retail bank deposits amounted to *** percent as of June 2014.

Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in mortgage interest rates across the region more than doubling. In the first quarter of 2025, the average mortgage interest rate in the UK stood at **** percent. Spain had the lowest rate, at **** percent, while Poland had the highest, at *** percent. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage home buying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about European Union Long Term Interest Rate

• European Union Government Bond Yield: Monthly Average: Euro: 10 Years was reported at 3.14 % pa in Nov 2025, compared with 3.12 % pa in the previous month.
• EU Long Term Interest Rate data is updated monthly, available from Jan 1970 to Nov 2025.
• The data reached an all-time high of 15.44 % pa in Sep 1981 and a record low of -0.09 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by European Central Bank.

• In the latest reports, EU Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.15 % pa in Nov 2025.
• EU Exchange Rate against USD averaged 0.86 (USD/EUR) in Oct 2025.

In June 2024, the European Central Bank (ECB) began reducing its fixed interest rate for the first time since 2016, implementing a series of cuts. The rate decreased from 4.5 percent to 3.15 percent by year-end: a 0.25 percentage point cut in June, followed by additional reductions in September, October, and December. The central bank implemented other cuts in the first half of 2025, setting the rate at 2.15 percent in June 2025. This marked a significant shift from the previous rate hike cycle, which began in July 2022 when the ECB raised rates to 0.5 percent and subsequently increased them almost monthly, reaching 4.5 percent by December 2023 - the highest level since the 2007-2008 global financial crisis. How does this ensure liquidity? Banks typically hold only a fraction of their capital in cash, measured by metrics like the Tier 1 capital ratio. Since this ratio is low, banks prefer to allocate most of their capital to revenue-generating loans. When their cash reserves fall too low, banks borrow from the ECB to cover short-term liquidity needs. On the other hand, commercial banks can also deposit excess funds with the ECB at a lower interest rate. Reasons for fluctuations
The ECB’s primary mandate is to maintain price stability. The Euro area inflation rate is, in theory, the key indicator guiding the ECB's actions. When the fixed interest rate is lower, commercial banks are more likely to borrow from the ECB, increasing the money supply and, in turn, driving inflation higher. When inflation rises, the ECB increases the fixed interest rate, which slows borrowing and helps to reduce inflation.

View monthly updates and historical trends for Portugal Long Term Interest Rate. Source: European Central Bank. Track economic data with YCharts analytics.

Montenegro ECB Interest Rate: Deposit Facility data was reported at 2.000 % pa in Nov 2025. This stayed constant from the previous number of 2.000 % pa for Oct 2025. Montenegro ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.250 % pa from Jan 1999 (Median) to Nov 2025, with 323 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Montenegro ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Montenegro – Table ME.M: Key Interest Rates: European Central Bank.

High-Yield Savings Account Market Outlook

As per our latest research, the global high-yield savings account market size reached USD 1.92 trillion in 2024, reflecting a robust demand for secure and interest-generating deposit products worldwide. The market is expected to expand at a CAGR of 6.4% from 2025 to 2033, projecting a value of approximately USD 3.36 trillion by 2033. This growth trajectory is primarily fueled by rising consumer awareness regarding financial health, digital transformation of banking services, and the increasing preference for liquidity coupled with attractive interest rates.

Several pivotal factors are propelling the high-yield savings account market forward. One of the most significant drivers is the ongoing shift in consumer behavior towards digital banking solutions. With the proliferation of smartphones and the widespread adoption of internet banking, more individuals and businesses are seeking convenient, flexible, and secure ways to manage their savings. High-yield savings accounts, typically offering interest rates above the national average, have emerged as a favored choice for both short-term and long-term financial goals. Additionally, the heightened volatility in global financial markets has made consumers increasingly risk-averse, prompting them to allocate a larger portion of their assets to safe, interest-bearing accounts.

Another crucial growth factor is the intensifying competition among financial institutions, particularly between traditional banks, online banks, and fintech platforms. As digital-first banks and fintechs continue to disrupt the market, they are driving innovation in account features, customer experience, and interest rate offerings. This competition has led to the proliferation of high-yield savings products tailored for diverse customer segments, including individuals, SMEs, and corporate entities. Moreover, the integration of advanced technologies such as artificial intelligence and data analytics is enabling providers to personalize offerings, streamline onboarding processes, and enhance security, further attracting new account holders and increasing overall market penetration.

The global macroeconomic environment is also shaping the trajectory of the high-yield savings account market. Persistently low interest rates in developed economies have prompted consumers to seek out higher-yielding deposit options, while inflationary pressures in emerging markets have highlighted the importance of safeguarding savings against erosion of purchasing power. Regulatory reforms aimed at promoting financial inclusion and enhancing deposit insurance frameworks are also supporting market expansion. Furthermore, the growing emphasis on emergency funds and financial resilience, especially in the wake of the COVID-19 pandemic, has heightened the relevance of high-yield savings accounts as a core component of personal and business financial planning.

From a regional perspective, North America and Europe currently dominate the high-yield savings account market, accounting for the majority of global deposits. This dominance is attributed to their mature banking infrastructures, high levels of financial literacy, and a strong culture of savings. However, the Asia Pacific region is rapidly emerging as a key growth engine, driven by rising disposable incomes, rapid urbanization, and increasing digital adoption. Latin America and the Middle East & Africa are also witnessing steady growth, albeit from a lower base, as financial institutions expand their product offerings and digital channels in these regions. The interplay of demographic trends, economic development, and regulatory initiatives will continue to shape regional market dynamics over the forecast period.

Account Type Analysis

The high-yield savings account market is segmented by account type into individual, joint, and business accounts, each catering to distinct customer needs and financial objectives. Individual accounts constitute the largest segment, driven by the growing emphasis on personal financial management and the need for accessible, high-interest savings solutions. Consumers are increasingly prioritizing liquidity, safety, and returns, making high-yield savings accounts an attractive option for building emergency funds, saving for specific goals, or simply parking surplus cash. The proliferation of digital onboarding and instant account o

The benchmark interest rate in Germany was last recorded at 4.50 percent. This dataset provides - Germany Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In September 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In September 2025, Russia maintained the highest interest rate at 17 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The average interest rate of loans from monetary financial institutions to non-financial corporations in the euro area overall has decreased significantly in 2024 and 2025. In January of 2024 it amounted to 5.2, and by March 2025 it had fallen to 3.61 percent. These figures are a composite cost-of-borrowing indicator that shows the average interest rate of business loans (non-financial), taking into account those with different loan terms or for different amounts.

View monthly updates and historical trends for France Long Term Interest Rate. Source: European Central Bank. Track economic data with YCharts analytics.

Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in mortgage interest rates across the region more than doubling. In the fourth quarter of 2024, the average mortgage interest rate in the UK stood at 4.5 percent. Belgium had the lowest rate, at 2.89 percent, while Poland had the highest, at 7.5 percent. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage home buying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

The benchmark interest rate in France was last recorded at 4.50 percent. This dataset provides - France Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

August 2024 marked a significant shift in the UK's monetary policy, as it saw the first reduction in the official bank base interest rate since August 2023. This change came after a period of consistent rate hikes that began in late 2021. In a bid to minimize the economic effects of the COVID-19 pandemic, the Bank of England cut the official bank base rate in March 2020 to a record low of *** percent. This historic low came just one week after the Bank of England cut rates from **** percent to **** percent in a bid to prevent mass job cuts in the United Kingdom. It remained at *** percent until December 2021 and was increased to one percent in May 2022 and to **** percent in October 2022. After that, the bank rate increased almost on a monthly basis, reaching **** percent in August 2023. It wasn't until August 2024 that the first rate decrease since the previous year occurred, signaling a potential shift in monetary policy. Why do central banks adjust interest rates? Central banks, including the Bank of England, adjust interest rates to manage economic stability and control inflation. Their strategies involve a delicate balance between two main approaches. When central banks raise interest rates, their goal is to cool down an overheated economy. Higher rates curb excessive spending and borrowing, which helps to prevent runaway inflation. This approach is typically used when the economy is growing too quickly or when inflation is rising above desired levels. Conversely, when central banks lower interest rates, they aim to encourage borrowing and investment. This strategy is employed to stimulate economic growth during periods of slowdown or recession. Lower rates make it cheaper for businesses and individuals to borrow money, which can lead to increased spending and investment. This dual approach allows central banks to maintain a balance between promoting growth and controlling inflation, ensuring long-term economic stability. Additionally, adjusting interest rates can influence currency values, impacting international trade and investment flows, further underscoring their critical role in a nation's economic health. Recent interest rate trends Between 2021 and 2025, most advanced and emerging economies experienced a period of regular interest rate hikes. This trend was driven by several factors, including persistent supply chain disruptions, high energy prices, and robust demand pressures. These elements combined to create significant inflationary trends, prompting central banks to raise rates to temper spending and borrowing. However, in 2024, a shift began to occur in global monetary policy. The European Central Bank (ECB) was among the first major central banks to reverse this trend by cutting interest rates. This move signaled a change in approach aimed at addressing growing economic slowdowns and supporting growth.

View monthly updates and historical trends for Belgium Long Term Interest Rate. Source: European Central Bank. Track economic data with YCharts analytics.

View monthly updates and historical trends for Austria Long Term Interest Rate. Source: European Central Bank. Track economic data with YCharts analytics.

Based on an "illustrative scenario" in which the United Kingdom (UK) moves to a comprehensive free trade agreement with the European Union (EU) on the 1st of January 2021, this forecast shows the expected annual average bank base interest rate in response to the current Covid-19 pandemic. In a bid to minimize the economic effects of the Covid-19 virus, on the 19th of March 2020 the Bank of England cut the official bank base rate to a record low of 0.1 percent. This historic low came just one week after the Bank of England cut rates from 0.75 percent to 0.25 percent in a bid to prevent mass job cuts in the United Kingdom. In the current forecast scenario, bank interest rates are set to stay between 0.1 percent and 0.2 percent up to 2022.

Key information about Greece Long Term Interest Rate

• Greece Government Bond Yield: Average: 10 Years was reported at 3.30 % pa in Oct 2025, compared with 3.39 % pa in the previous month.
• Greece Long Term Interest Rate data is updated monthly, available from Jan 1993 to Oct 2025.
• The data reached an all-time high of 29.24 % pa in Feb 2012 and a record low of 0.59 % pa in Aug 2021.
• Long Term Interest Rate is reported by reported by European Central Bank.

• In the latest reports, Greece Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.15 % pa in Nov 2025.
• Greece Exchange Rate against USD averaged 0.86 (USD/EUR) in Oct 2025.