View monthly updates and historical trends for US Savings Account Rate. from United States. Source: Federal Deposit Insurance Corporation. Track economic …

The average interest rate of instant access deposits in the United Kingdom (UK) has started declining since the second half of 2024. That was after the interest rates of those products soared in 2022 and 2023, peaking at **** percent in January 2024. In contrast, the interest rate of instant access deposits dropped to **** percent in April 2021. As of August 2025, the interest rate amounted to **** percent.

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.

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.

Graph and download economic data for National Rate: Savings (SNDR) from Apr 2021 to Nov 2025 about savings, deposits, rate, and USA.

Deposit Interest Rate in Canada remained unchanged at 4.91 percent on Wednesday April 10. This dataset includes a chart with historical data for Deposit Interest Rate in Canada.

Deposit Interest Rate in Mexico decreased to 2.01 percent in September from 2.11 percent in August of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Mexico.

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.

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.

Graph and download economic data for National Rate: Interest Checking (ICNDR) from Apr 2021 to Oct 2025 about checkable, deposits, interest, rate, and USA.

View monthly updates and historical trends for US Interest Checking Account Rate. from United States. Source: Federal Deposit Insurance Corporation. Track…

Bank deposit interest rate, percent in Taiwan, October, 2025 The most recent value is 1.7 percent as of October 2025, no change compared to the previous value of 1.7 percent. Historically, the average for Taiwan from July 2003 to October 2025 is 1.41 percent. The minimum of 0.77 percent was recorded in February 2009, while the maximum of 2.72 percent was reached in July 2008. | TheGlobalEconomy.com

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.

South Africa ZA: Deposit Interest Rate data was reported at 7.245 % pa in 2017. This records an increase from the previous number of 7.172 % pa for 2016. South Africa ZA: Deposit Interest Rate data is updated yearly, averaging 6.309 % pa from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 11.613 % pa in 2008 and a record low of 5.152 % pa in 2013. South Africa ZA: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;

In June 2025, the personal savings rate in the United States amounted to 4.5 percent. That was a slightly lower figure than a year earlier. The personal savings rate is calculated as the ratio of personal savings to disposable personal income. Within the topic of personal savings in the U.S., there are different goals and reasons for saving. What are personal savings? Saving refers to strategies of accumulating capital for future use by either not spending a part of one’s income or cutting down on certain costs. Saved money may be preserved as cash, put on a deposit account, or invested in various financial instruments. Investing usually incorporates some level of risk which means that part of the invested money can be gone. An example of a relatively safe investment would be saving bonds, such as the debt securities issued by the U.S. Department of the Treasury. Saving trends in the U.S. and abroad Looking at the personal saving rate in the United States throughout the past decades, it can be observed that savings had been decreasing until the mid-2000s, and they increased after the 2008 financial crisis. Still, the largest savings rates were reached in 2020 and 2021. The reason for that increase in the savings rate that year might be related to the measures to contain the COVID-19 pandemic. The value of personal savings in the United Kingdom has also followed a similar trend. Although events like the COVID-19 pandemic may have affect many countries in a similar way, the ability to save, as well as the average savings as a share of personal income across countries can vary significantly depending on multiple factors affecting each territory.

Bank deposit interest rate, percent in Austria, September, 2025 The most recent value is 1.54 percent as of September 2025, no change compared to the previous value of 1.54 percent. Historically, the average for Austria from March 2003 to September 2025 is 1.44 percent. The minimum of 0.07 percent was recorded in December 2021, while the maximum of 4.77 percent was reached in October 2008. | TheGlobalEconomy.com

Bank deposit interest rate, percent in Kenya, September, 2025 The most recent value is 7.63 percent as of September 2025, a decline compared to the previous value of 7.74 percent. Historically, the average for Kenya from July 1991 to September 2025 is 8.19 percent. The minimum of 1.96 percent was recorded in April 2004, while the maximum of 23.43 percent was reached in November 1993. | TheGlobalEconomy.com

View monthly updates and historical trends for US Money Market Treasury Yield. from United States. Source: Federal Deposit Insurance Corporation. Track ec…

Household Saving Rate in Hong Kong decreased to 0.11 percent in October from 0.17 percent in September of 2025. This dataset provides - Hong Kong Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank deposit interest rate, percent in Ireland, September, 2025 The most recent value is 2.47 percent as of September 2025, a decline compared to the previous value of 2.49 percent. Historically, the average for Ireland from July 2017 to September 2025 is 0.7 percent. The minimum of 0.02 percent was recorded in October 2019, while the maximum of 2.62 percent was reached in November 2024. | TheGlobalEconomy.com