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.

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 ...

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.

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.

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.

Certificates of Deposit (CD) Market Outlook

According to our latest research, the global Certificates of Deposit (CD) market size reached USD 1.62 trillion in 2024, reflecting a robust financial instrument landscape. The market is poised to grow at a CAGR of 6.1% from 2025 to 2033, with the forecasted market size anticipated to reach USD 2.75 trillion by 2033. This sustained growth is primarily driven by the increasing demand for secure, low-risk investment options among both retail and institutional investors, as well as the rising digitalization of banking services worldwide. As per our latest research, the Certificates of Deposit market continues to evolve, offering diversified products and digital access, which are key contributors to its ongoing expansion.

The growth of the Certificates of Deposit (CD) market is underpinned by a confluence of macroeconomic and consumer-driven factors. One of the primary drivers is the persistent global economic uncertainty, which has heightened the appeal of CDs as a stable, low-risk investment vehicle. With fluctuating equity markets and ongoing geopolitical tensions, investors are increasingly seeking avenues that offer capital preservation and predictable returns. CDs, particularly traditional and jumbo variants, have become a preferred choice for risk-averse individuals and institutions alike. Additionally, the gradual rise in interest rates by central banks in response to inflationary pressures has made CDs more attractive, as they now offer better yields compared to previous years. This shift in monetary policy has directly influenced the inflow of funds into CD products, further fueling market growth.

Another significant growth factor is the rapid digital transformation within the banking and financial services sector. The proliferation of online platforms and fintech innovations has made it easier than ever for consumers to access, compare, and invest in a diverse array of CD products. This digital accessibility has not only expanded the reach of CDs beyond traditional banking channels but has also enabled financial institutions to tailor offerings to specific customer segments. As a result, younger, tech-savvy investors who previously favored more liquid or higher-risk instruments are now considering CDs as part of their diversified portfolios. The integration of user-friendly interfaces, mobile banking apps, and digital advisory services has played a pivotal role in driving both awareness and adoption of CDs among a broader demographic.

Furthermore, the market is experiencing a notable shift in product innovation and customization. Financial institutions are increasingly introducing specialized CDs, such as callable, liquid, and zero-coupon CDs, to cater to the evolving needs of their clientele. These innovative products offer varying degrees of flexibility, liquidity, and yield, thereby attracting a wider spectrum of investors. For example, callable CDs allow issuers to redeem the deposit before maturity, typically offering higher interest rates to compensate for this feature, while liquid CDs provide investors with the ability to withdraw funds with minimal penalties. This diversification within the CD product landscape is enabling banks and credit unions to differentiate themselves in a highly competitive market, further accelerating the sector’s growth trajectory.

Regionally, North America remains the dominant market for Certificates of Deposit, accounting for the largest share of global assets, followed by Europe and Asia Pacific. The United States, in particular, benefits from a mature financial ecosystem, widespread consumer awareness, and a high degree of product innovation. However, Asia Pacific is emerging as the fastest-growing region, driven by expanding middle-class populations, rising disposable incomes, and increasing financial literacy. European markets are characterized by a stable regulatory environment and a strong presence of both traditional and digital banking institutions. Meanwhile, Latin America and the Middle East & Africa are witnessing gradual adoption, supported by economic reforms and the expansion of banking infrastructure. This regional diversity underscores the global appeal and adaptability of CDs as an investment tool.

Type Analysis

The Certificates of Deposit (CD) market is segmented by type into Traditional CDs, Jumbo CDs, Brokered CDs, Callable CDs, Liquid CDs, Zero-Coupon CDs, and others. Traditional CDs remain the cornerstone of th

Certificates of Deposit Market Outlook

According to our latest research, the global Certificates of Deposit (CD) market size reached USD 1.87 trillion in 2024, reflecting a robust foundation for this financial instrument worldwide. The market is expected to grow at a CAGR of 5.3% between 2025 and 2033, driven by evolving investor preferences and rising demand for secure savings vehicles. By 2033, the Certificates of Deposit market is forecasted to achieve a value of USD 2.97 trillion. This sustained expansion is primarily attributed to increasing financial literacy, the proliferation of digital banking, and a global shift towards safer investment options amidst economic uncertainties.

One of the primary growth factors propelling the Certificates of Deposit market is the heightened demand for low-risk investment products among both retail and institutional investors. In a global economic environment marked by volatility and uncertainty, CDs offer a compelling proposition due to their principal protection and predictable returns. The rise in interest rates over the past few years has further bolstered the attractiveness of CDs, enabling financial institutions to offer more competitive yields. As investors become increasingly risk-averse, especially in the wake of recent market disruptions, the stability and security provided by certificates of deposit are drawing significant inflows, thus accelerating market expansion.

Another critical driver is the rapid digital transformation within the banking sector. The emergence of online platforms and fintech innovations has democratized access to CDs, making it easier for individuals and businesses to compare, purchase, and manage these products. Digital onboarding processes, enhanced transparency, and user-friendly interfaces have significantly reduced barriers to entry, particularly for younger, tech-savvy investors. Additionally, the integration of advanced analytics and AI-driven advisory services has enabled financial institutions to better tailor CD offerings to specific customer segments, thereby increasing uptake and retention rates across diverse demographics.

Furthermore, the expansion of the Certificates of Deposit market can be linked to increasing financial inclusion efforts, especially in developing economies. Governments and regulatory bodies are actively promoting savings culture and prudent financial management, which has led to greater awareness and adoption of CDs among previously underserved populations. Financial institutions are responding by introducing innovative CD products with flexible terms, variable interest rates, and lower minimum deposit requirements. This inclusive approach is not only broadening the market base but also fostering long-term financial resilience among households and small businesses, further supporting the global growth trajectory of CDs.

From a regional perspective, North America continues to dominate the Certificates of Deposit market, accounting for the largest share in 2024 due to its mature banking infrastructure and high levels of financial literacy. Europe follows closely, with robust demand driven by a stable regulatory environment and a strong savings culture. Asia Pacific is emerging as the fastest-growing region, propelled by rapid urbanization, rising disposable incomes, and increasing penetration of digital banking services. Latin America and the Middle East & Africa, while still representing smaller shares, are witnessing steady growth as financial institutions expand their reach and tailor CD products to local market needs. This regional diversification underscores the global relevance and adaptability of certificates of deposit as a preferred investment vehicle.

In addition to traditional Certificates of Deposit, the financial market offers a variety of instruments designed to cater to diverse investor needs. One such instrument is Depositary Receipts, which provide investors with the opportunity to invest in foreign companies without the complexities of dealing with foreign currency or regulatory challenges. These receipts represent shares in a foreign corporation and are traded on local stock exchanges, offering a blend of international exposure and local convenience. The growing interest in Depositary Receipts reflects a broader trend towards global diversification, as investors seek to enhance their p

Snapshot of leading multi-year guaranteed annuity (MYGA) rates by common term lengths. Rates subject to change; verify before purchase.

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.

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.

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.

The benchmark interest rate in El Salvador was last recorded at 5.06 percent. This dataset provides the latest reported value for - El Salvador Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Deposit Interest Rate in Guatemala increased to 4.93 percent in 2024 from 4.21 percent in 2023. This dataset includes a chart with historical data for Deposit Interest Rate in Guatemala.

Deposit Interest Rate in Peru increased to 4.82 percent in 2022 from 0.70 percent in 2021. This dataset includes a chart with historical data for Deposit Interest Rate in Peru.

Deposit Interest Rate in Australia remained unchanged at 2.70 percent in October. This dataset includes a chart with historical data for Deposit Interest Rate in Australia.

Interbank Rate in South Korea increased to 2.79 percent on Saturday November 29 from 2.78 in the previous day. This dataset provides - South Korea Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The yield on Colombia 10Y Bond Yield eased to 12.51% on December 2, 2025, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.87 points and is 1.99 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Colombia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.