Interest rate on bank deposits reached 0.122% in 2021 in Singapore, according to the National Central Bank. This is 33.6% less than in the previous year.
Historically, interest rate on bank deposits in Singapore reached an all time high of 10.7% in 1981 and an all time low of 0.122% in 2021.
Singapore has been ranked 91st within the group of 96 countries we follow in terms of interest rate on bank deposits.
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