Graph and download economic data for Treasury Yield: 12 Month CD <100M (TY12MCD) from Apr 2021 to Oct 2025 about CD, 1-year, Treasury, yield, interest rate, interest, rate, and USA.

According to Cognitive Market Research, the global Certificate of Deposit market size was USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Less than 1 year held the highest Certificate of Deposit market revenue share in 2024.

Market Dynamics of Certificate of Deposit Market

Key Drivers for Certificate of Deposit Market

Growing Demand for Early Retirement Planning to Increase the Demand Globally

The growing demand for early retirement planning is driving the Certificate of Deposit (CD) market as individuals increasingly seek secure and reliable investment options to ensure financial stability in their retirement years. CDs offer a low-risk investment with guaranteed returns, making them an attractive choice for conservative investors looking to preserve capital and generate predictable income. With an aging population and heightened awareness of the need for financial planning, more people are prioritizing investments that provide safety and stability. CDs, with their fixed interest rates and protection against market volatility, align well with the goals of early retirees who prioritize preserving their savings while earning a steady return. This trend fuels the growth of the CD market as part of comprehensive retirement strategies.

Growing Demand of Enhanced CD products to Propel Market Growth

The growing demand for enhanced Certificate of Deposit (CD) products is driving the market due to their ability to offer higher returns and additional features compared to traditional CDs. Enhanced CDs, such as those with variable interest rates, callable options, or market-linked returns, attract investors seeking better yields while still enjoying the security and low risk associated with CDs. These innovative products appeal to a broader range of investors, including those looking for diversified income streams and higher growth potential. Additionally, the customization and flexibility of enhanced CDs cater to the evolving preferences of investors, who are increasingly sophisticated and seeking tailored financial solutions. This trend boosts the attractiveness and market adoption of CDs, expanding their role in investment portfolios.

Restraint Factor for the Certificate of Deposit Market

Low Interest Rates to Limit the Sales

Low interest rates restrain the Certificate of Deposit (CD) market by reducing the attractiveness of these financial instruments to investors seeking higher returns. When interest rates are low, the yields on CDs decrease, making them less appealing compared to other investment options such as stocks, bonds, or mutual funds, which may offer higher potential returns. This diminished appeal leads to reduced demand for CDs among both retail and institutional investors. Additionally, low interest rates can prompt banks and financial institutions to offer fewer incentives or promotional rates for CDs, further dampening market growth. The overall impact is a slowdown in the market's expansion, as investors seek alternative investments that promise better returns in a low-interest-rate environment.

Impact of Covid-19 on the Certificate of Deposit Market

The COVID-19 pandemic had a mixed impact on the Certificate of Deposit (CD) market. On one hand, economic uncertainty and market volatility drove many investors towards safer, more stable investment options like CDs. This increased demand for secure, low-risk instruments as people sought to protect their capital. On the other ...

Graph and download economic data for National Rate: 12 Month CD <100M (NDR12MCD) from Apr 2021 to Nov 2025 about CD, 1-year, deposits, rate, and USA.

Deposit Interest Rate in Dominican Republic decreased to 6.07 percent in October from 7.19 percent in September of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Dominican Republic.

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.

Bank deposit interest rate, percent in Dominican Republic, September, 2025 The most recent value is 7 percent as of September 2025, a decline compared to the previous value of 7.7 percent. Historically, the average for Dominican Republic from November 2017 to September 2025 is 6.4 percent. The minimum of 2.54 percent was recorded in October 2021, while the maximum of 9.41 percent was reached in March 2023. | TheGlobalEconomy.com

Graph and download economic data for Treasury Yield: 6 Month CD <100M (TY6MCD) from Apr 2021 to Nov 2025 about CD, 6-month, Treasury, yield, interest rate, interest, rate, and USA.

Deposit Interest Rate in Colombia decreased to 10.17 percent in 2024 from 13.21 percent in 2023. This dataset includes a chart with historical data for Deposit Interest Rate in Colombia.

Bank deposit interest rate, percent in Italy, September, 2025 The most recent value is 2.26 percent as of September 2025, an increase compared to the previous value of 2.09 percent. Historically, the average for Italy from March 2003 to September 2025 is 1.73 percent. The minimum of 0.39 percent was recorded in June 2022, while the maximum of 3.81 percent was reached in December 2023. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Certificates of Deposit: Total for United States (IR3TCD01USM156N) from Jun 1964 to Dec 2023 about CD, 3-month, yield, interest rate, interest, rate, and USA.

Deposit Interest Rate in Russia decreased to 15.45 percent in September from 15.71 percent in August of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Russia.

Key information about Colombia Long Term Interest Rate

• Colombia Long Term Interest Rate: Month End: Colombia: Treasury Securities Rate: 10 Years was reported at 12.17 % pa in Oct 2025, compared with 11.98 % pa in the previous month.
• Colombia Long Term Interest Rate data is updated monthly, available from Jan 2003 to Oct 2025.
• The data reached an all-time high of 16.18 % pa in Apr 2003 and a record low of 5.07 % pa in Feb 2013.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Colombia Short Term Interest Rate: Month End: Colombia: Certificate of Deposits Rate: 90 Days was reported at 8.67 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Intervention Rate: Minimum) was set at 9.25 % pa in Nov 2025.
• Colombia Exchange Rate against USD averaged 3,780.34 (USD/COP) in Nov 2025.

Key information about South Korea Short Term Interest Rate

• South Korea Short Term Interest Rate: Month End: KORIBOR: 3 Months was reported at 2.78 % pa in Nov 2025, compared with 2.59 % pa in the previous month.
• South Korea Short Term Interest Rate data is updated monthly, available from Jul 2004 to Nov 2025.
• The data reached an all-time high of 5.87 % pa in Oct 2008 and a record low of 0.58 % pa in Jul 2020.
• Short Term Interest Rate is reported by reported by Yonhapinfomax Inc..

• In the latest reports, South Korea Long Term Interest Rate: Month End: South Korea: Treasury Bond Yield: 10 Years was reported at 3.34 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Base Rate: Bank of Korea) was set at 2.50 % pa in Nov 2025.
• South Korea Exchange Rate against USD averaged 1,423.08 (USD/KRW) in Oct 2025.

Key information about Colombia Short Term Interest Rate

• Colombia Short Term Interest Rate: Month End: Colombia: Certificate of Deposits Rate: 90 Days was reported at 8.67 % pa in Oct 2025, compared with 8.76 % pa in the previous month.
• Colombia Short Term Interest Rate data is updated monthly, available from Jan 1986 to Oct 2025.
• The data reached an all-time high of 39.27 % pa in Sep 1991 and a record low of 1.76 % pa in Apr 2021.
• Short Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Colombia Long Term Interest Rate: Month End: Colombia: Treasury Securities Rate: 10 Years was reported at 12.17 % pa in Oct 2025.
• The cash rate (Policy Rate: Month End: Intervention Rate: Minimum) was set at 9.25 % pa in Nov 2025.
• Colombia Exchange Rate against USD averaged 3,780.34 (USD/COP) in Nov 2025.

Graph and download economic data for Treasury Yield: 3 Month CD <100M (TY3MCD) from Apr 2021 to Nov 2025 about CD, 3-month, Treasury, yield, interest rate, interest, rate, and USA.

Graph and download economic data for Treasury Yield: Rate Cap Adjusted: 36 Month CD <100M (TYRCA36MCD) from Apr 2021 to Nov 2025 about 3-year, CD, adjusted, Treasury, yield, interest rate, interest, rate, and USA.

Bank deposit interest rate, percent in El Salvador, September, 2025 The most recent value is 5.57 percent as of September 2025, a decline compared to the previous value of 5.59 percent. Historically, the average for El Salvador from January 2010 to September 2025 is 4.45 percent. The minimum of 2.11 percent was recorded in February 2011, while the maximum of 6.25 percent was reached in September 2024. | TheGlobalEconomy.com

The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Argentina decreased to 45.71 percent in October from 47.96 percent in September of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Argentina.