Interest Rate on Bank Deposits fell to 0.373% in Czech Republic in 2016

Interest Rate on Bank Deposits (%)
Banking | Czech Republic | December 11, 2018
$2.99
Excel Sheet

Interest rate on bank deposits reached 0.373 % in 2016 in Czech Republic, according to the National Central Bank. This is 29.5 % less than in the previous year.

Historically, interest rate on bank deposits in Czech Republic reached an all time high of 8.08 % in 1998 and an all time low of 0.373 % in 2016. When compared to Czech Republic's main peers, interest rate on bank deposits in Austria amounted to 0.312 %, 0.581 % in Hungary, 1.77 % in Poland and 1.41 % in Slovakia in 2016.

Czech Republic has been ranked 125th within the group of 138 countries we follow in terms of interest rate on bank deposits, 20 places above the position seen 10 years ago.

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
Austria % 1.65 1.25 0.730 0.578 0.378 ...
Czech Republic % 1.04 1.02 0.862 0.701 0.529
Germany % 1.40 1.16 0.724 0.581 0.366 ...
Hungary % 5.49 6.27 3.77 1.78 1.11
Italy % 2.24 2.87 2.15 1.61 1.20 ...
Poland % 4.28 4.53 2.94 2.59 1.98 ...
Russia % 4.44 5.53 5.59 6.04 9.20 ...
Slovakia % 1.97 2.09 1.57 1.53 1.69 ...
Switzerland % 0.030 0.030 0.030 0.020 -0.180 ...
Ukraine % 7.90 13.0 10.8 12.1 13.0