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Interest Rate on Bank Deposits (Local Currency) in Indonesia

Source: Bank Indonesia, World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 3.67% in 2021 in Indonesia, according to the National Central Bank. This is 33.4% less than in the previous year.

Historically, interest rate on bank deposits in Indonesia reached an all time high of 39.1% in 1998 and an all time low of 3.67% in 2021.

Indonesia has been ranked 37th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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