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Interest Rate on Bank Deposits (Local Currency) in Germany

Source: ECB, Deutsche Bundesbank, Federal Financial Supervisory Authority
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.89% in second quarter of 2003 in Germany, according to the National Central Bank. This is 12.9% less than in the previous quarter.

Historically, interest rate on bank deposits in Germany reached an all time high of 8.22% in 3Q1992 and an all time low of 1.89% in 2Q2003.

Germany has been ranked 125th within the group of 144 countries we follow in terms of interest rate on bank deposits.

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