Interest Rate on Bank Deposits fell to 0.316% in Brunei in 2017

Interest Rate on Bank Deposits (%)
Banking | Brunei | May 17, 2019
$2.99
Excel Sheet

Interest rate on bank deposits reached 1.06 % in 2003 in Brunei, according to the National Central Bank. This is 237 % more than in the previous year.

Historically, interest rate on bank deposits in Brunei reached an all time high of 1.17 % in 2007 and an all time low of 0.232 % in 2012. When compared to Brunei's main peers, interest rate on bank deposits in Indonesia amounted to 10.6 %, 3.07 % in Malaysia, 5.22 % in Philippines and 6.62 % in Vietnam in 2003.

Brunei has been ranked 141st within the group of 151 countries we follow in terms of interest rate on bank deposits.

The deposit interest rate is the rate paid by commercial or similar banks for deposits.

Interest Rate on Bank Deposits (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 4.34% 3.92% 3.25% 2.90% 2.30%
Brunei % 0.396% 0.232% 0.284% 0.300% 0.336%
Cambodia % 1.34% 1.33% 1.34% 1.42% 1.42%
China % 3.50% 3.00% 3.00% 2.75% 1.50%
Indonesia % 6.93% 5.95% 6.26% 8.75% 8.34%
Laos % ... ... ... ... ... ... ...
Malaysia % 2.91% 2.98% 2.97% 3.05% 3.13%
Philippines % 3.39% 3.16% 1.66% 1.23% 1.59%
Singapore % 0.168% 0.136% 0.140% 0.140% 0.180%
Taiwan % ... ... ... ... ... ... ... ... ...
Thailand % 2.46% 2.60% 2.43% 1.75% 1.43%
Vietnam % 14.0% 10.5% 6.69% 4.92% 4.68%