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

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

United States - National Rate on Jumbo Deposits (greater or equal to $100,000): 12 Month CD (DISCONTINUED) was 0.15% in March of 2021, according to the United States Federal Reserve. Historically, United States - National Rate on Jumbo Deposits (greater or equal to $100,000): 12 Month CD (DISCONTINUED) reached a record high of 1.29 in May of 2009 and a record low of 0.15 in February of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - National Rate on Jumbo Deposits (greater or equal to $100,000): 12 Month CD (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

Certificate of Deposit Market size was valued at USD 7.2 Billion in 2023 and is projected to reach USD 10.8 Billion by 2031, growing at a CAGR of 5% from 2024 to 2031.Certificate of Deposit Market: Definition/ OverviewA Certificate of Deposit (CD) is a fixed-income financial instrument given by banks and credit unions in which a person commits to deposit a specific amount of money for a set length of time in exchange for a guaranteed fixed interest rate. CDs are often seen as low-risk investments, providing investors with regular returns while shielding their wealth from market volatility. Certificates of Deposit are used as a secure savings option for those wishing to conserve their cash while receiving interest, making them especially appealing during times of economic turmoil. Furthermore, financial organizations use CDs to stabilize their financing sources, allowing them to lend or invest the pooled money more effectively, thus promoting broader economic activity.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Certificates of Deposit: Total for United States (IR3TCD01USQ156N) from Q3 1964 to Q4 2023 about CD, 3-month, yield, interest rate, interest, rate, and USA.

According to Cognitive Market Research, the global Certificate of Deposit market size will be 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 ot...

Brazil Certificate of Deposits Rate data was reported at 0.459 % per Month in Aug 2019. This records a decrease from the previous number of 0.517 % per Month for Jul 2019. Brazil Certificate of Deposits Rate data is updated monthly, averaging 1.026 % per Month from Jan 1995 (Median) to Aug 2019, with 296 observations. The data reached an all-time high of 4.568 % per Month in Mar 1995 and a record low of 0.435 % per Month in Feb 2018. Brazil Certificate of Deposits Rate data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.MA003: Certificate of Deposit Rate (Discontinued).

Deposit Interest Rate in Argentina decreased to 32.73 percent in May from 33.30 percent in April of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Argentina.

Graph and download economic data for Average Rate on 6-Month Negotiable Certificates of Deposit (Secondary Market), Quoted on an Investment Basis (DISCONTINUED) (WCD6M) from 1964-06-12 to 2013-06-28 about CD, 6-month, secondary market, interest rate, interest, rate, and USA.

Certificate of Deposit: Rate: DLB: New Issues: 2 to 3 Year data was reported at 0.000 % pa in Sep 2018. This records a decrease from the previous number of 0.001 % pa for Aug 2018. Certificate of Deposit: Rate: DLB: New Issues: 2 to 3 Year data is updated monthly, averaging 0.192 % pa from Jan 1996 (Median) to Sep 2018, with 236 observations. The data reached an all-time high of 1.800 % pa in Jul 1996 and a record low of 0.000 % pa in Sep 2018. Certificate of Deposit: Rate: DLB: New Issues: 2 to 3 Year data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M008: Certificate of Deposit: Rate.

Deposit Interest Rate in Russia decreased to 20.19 percent in March from 21 percent in February of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Russia.

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.

Congo, The Democratic Republic of the CD: Interest Rate Spread data was reported at 16.436 % pa in 2017. This records an increase from the previous number of 15.671 % pa for 2016. Congo, The Democratic Republic of the CD: Interest Rate Spread data is updated yearly, averaging 20.727 % pa from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 49.343 % pa in 2009 and a record low of 14.657 % pa in 2013. Congo, The Democratic Republic of the CD: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Democratic Republic of Congo – Table CD.World Bank: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

In 2023, a total of 37 million physical CDs were shipped in the United States. However, this figure marks a slight decrease from 37.7 million in the previous year. More than 900 million CDs were shipped in the United States in 2000, but the product has experienced a large decline in popularity in general since. Physical music sales Seen as the successor to vinyl records and cassette tapes, compact discs or CDs were one of the most popular prerecorded music formats for much of the 1990s and early 2000s. Competition, first in the form of digital music formats and then streaming, has led to a massive decline in total album sales, with the CD format being hit particularly hard. As of 2022, only 25 percent of people stated that they had used physical music such as CDs within the past year. In 2021, music streaming revenue accounted for around 83 percent of total industry revenue partially thanks to the ability of these platforms to provide users with instant access to an endless online library of music which can be enjoyed via any device at any time. While most physical album sales have suffered, vinyl albums have experienced a resurgence in recent years. The format’s total sales figures increased significantly in each year since 2010.

China CD of Commercial Bank (AA) Yield: Yield to Maturity: 2 Month data was reported at 1.712 % pa in 16 May 2025. This records an increase from the previous number of 1.690 % pa for 15 May 2025. China CD of Commercial Bank (AA) Yield: Yield to Maturity: 2 Month data is updated daily, averaging 2.560 % pa from Feb 2017 (Median) to 16 May 2025, with 2067 observations. The data reached an all-time high of 5.758 % pa in 27 Dec 2017 and a record low of 1.212 % pa in 07 Apr 2020. China CD of Commercial Bank (AA) Yield: Yield to Maturity: 2 Month data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MO: CD of Commercial Bank Yield: Yield to Maturity.

Historical Dataset of Cds Secondary is provided by PublicSchoolReview and contain statistics on metrics:Total Students Trends Over Years (2004-2022),Total Classroom Teachers Trends Over Years (2004-2023),Distribution of Students By Grade Trends,Student-Teacher Ratio Comparison Over Years (2003-2022),American Indian Student Percentage Comparison Over Years (2004-2014),Asian Student Percentage Comparison Over Years (2005-2016),Hispanic Student Percentage Comparison Over Years (2003-2021),Black Student Percentage Comparison Over Years (2003-2021),White Student Percentage Comparison Over Years (2004-2018),Two or More Races Student Percentage Comparison Over Years (2010-2015),Diversity Score Comparison Over Years (2003-2021),Free Lunch Eligibility Comparison Over Years (2007-2022),Reduced-Price Lunch Eligibility Comparison Over Years (2007-2022),Reading and Language Arts Proficiency Comparison Over Years (2010-2022),Math Proficiency Comparison Over Years (2010-2022),Overall School Rank Trends Over Years (2010-2022),Graduation Rate Comparison Over Years (2011-2016)

Deposit Interest Rate in Dominican Republic increased to 8.75 percent in April from 8.53 percent in March of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Dominican Republic.

Deposit Interest Rate in Australia decreased to 2.90 percent in April from 3 percent in March of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Australia.

Historical Dataset of Cds Home Street is provided by PublicSchoolReview and contain statistics on metrics:Total Students Trends Over Years (2013-2023),Total Classroom Teachers Trends Over Years (2012-2023),Distribution of Students By Grade Trends,Student-Teacher Ratio Comparison Over Years (2012-2023),American Indian Student Percentage Comparison Over Years (2012-2023),Hispanic Student Percentage Comparison Over Years (2014-2023),Black Student Percentage Comparison Over Years (2019-2023),White Student Percentage Comparison Over Years (2011-2023),Two or More Races Student Percentage Comparison Over Years (2015-2023),Diversity Score Comparison Over Years (2012-2023),Free Lunch Eligibility Comparison Over Years (2022-2023),Reduced-Price Lunch Eligibility Comparison Over Years (2022-2023),Reading and Language Arts Proficiency Comparison Over Years (2016-2022),Math Proficiency Comparison Over Years (2016-2022),Overall School Rank Trends Over Years (2016-2022)