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.
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