Deposit Interest Rate in Canada was quoted at 1.80 percent on Friday January 24.

Deposit Interest Rate in Canada averaged 5.95 percent from 1975 until 2020, reaching an all time high of 22.06 percent in August of 1981 and a record low of 0.10 percent in December of 2016. This page includes a chart with historical data for Deposit Interest Rate in Canada. source: Bank of Canada

Deposit Interest Rate in Canada is expected to be 0.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Canada to stand at 0.35 in 12 months time. In the long-term, the Deposit Interest Rate in Canada is projected to trend around 1.83 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Deposit Interest Rate in Canada

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 22.06 0.10 1975 - 2020 percent daily

Deposit Interest Rate in Canada
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Canada Money Last Previous Highest Lowest Unit
Interest Rate 1.75 1.75 16.00 0.25 percent [+]
Money Supply M0 96564.00 96113.00 96564.00 2214.00 CAD Million [+]
Money Supply M1 1075046.00 1068064.00 1075046.00 30706.00 CAD Million [+]
Interbank Rate 2.03 2.03 8.95 0.43 percent [+]
Money Supply M2 1788170.00 1780400.00 1788170.00 25523.00 CAD Million [+]
Money Supply M3 2603204.00 2587398.00 2603204.00 37982.00 CAD Million [+]
Central Bank Balance Sheet 117356.00 118283.00 120053.00 2110.00 CAD Million [+]
Foreign Exchange Reserves 85297.00 85013.00 87872.00 1678.00 USD Million [+]
Banks Balance Sheet 6379755.00 6152683.00 6379755.00 10516.00 CAD Million [+]
Loans to Private Sector 476856.00 470575.00 476856.00 10904.00 CAD Million [+]
Deposit Interest Rate 1.80 1.80 22.06 0.10 percent [+]
Foreign Stock Investment -1750.00 11310.00 39139.00 -24129.00 CAD Million [+]
Private Debt to GDP 266.50 266.40 266.50 175.10 percent [+]