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Interest Rate on Bank Deposits (Local Currency) in China

Source: The People's Bank of China, China Banking Regulatory Commission
Last Updated: Jul 1, 2021

Interest rate on bank deposits reached 1.50 % in 2020 in China, according to the National Central Bank. This is the same as in the previous year.

Historically, interest rate on bank deposits in China reached an all time high of 11.3 % in 1989 and an all time low of % in.

China has been ranked 63rd within the group of 88 countries we follow in terms of interest rate on bank deposits, 37 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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