The ECB slashed the deposit interest rate by 10bps and approved a new round of bond purchases at a monthly pace of €20 billion as from November 1st during its September meeting. The move came in as an attempt to boost growth and inflation amid global trade tensions and Brexit uncertainty. Deposit Interest Rate in the Euro Area averaged 1.27 percent from 1999 until 2019, reaching an all time high of 3.75 percent in October of 2000 and a record low of -0.50 percent in September of 2019.

Deposit Interest Rate in Euro Area is expected to be -0.50 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 Euro Area to stand at -0.50 in 12 months time. In the long-term, the Euro Area Deposit Facilty Rate is projected to trend around -0.25 percent in 2020, according to our econometric models.

Euro Area Deposit Facilty Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-10 11:45 AM Deposit Facility Rate -0.4% -0.4% -0.4% -0.4%
2019-06-06 11:45 AM Deposit Facility Rate -0.4% -0.4% -0.4% -0.4%
2019-07-25 11:45 AM Deposit Facility Rate -0.4% -0.4% -0.4% -0.4%
2019-09-12 11:45 AM Deposit Facility Rate -0.5% -0.4% -0.5% -0.5%
2019-10-24 11:45 AM Deposit Facility Rate -0.5% -0.5%
2019-12-12 12:45 PM Deposit Facility Rate -0.5%


Euro Area Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 4.75 0.00 percent [+]
Money Supply M1 8685860.00 8607237.00 8685860.00 444116.00 EUR Million [+]
Interbank Rate -0.42 -0.42 5.39 -0.48 percent [+]
Money Supply M2 12130349.00 12056341.00 12130349.00 1070365.00 EUR Million [+]
Money Supply M3 12768182.00 12678893.00 12768182.00 1097239.00 EUR Million [+]
Foreign Exchange Reserves 73.27 70.31 73.27 34.91 USD Billion [+]
Central Bank Balance Sheet 4674603.00 4681637.00 4708899.00 692641.00 EUR Million [+]
Loans to Private Sector 11338768.00 11289475.00 11338768.00 3241298.00 EUR Million [+]
Deposit Interest Rate -0.50 -0.40 3.75 -0.50 percent [+]
Lending Rate 0.25 0.25 5.75 0.25 percent [+]
Loan Growth 3.40 3.30 9.90 -0.40 percent [+]


Euro Area Deposit Facilty Rate

The deposit facility, as a standing facility, aims to absorb overnight liquidity, signal the general stance of monetary policy and normally provides a floor for the overnight market interest rate. The deposit facility is used at overnight deposits with the national central banks. This page provides - Euro Area Deposit Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Deposit Facilty Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -0.40 3.75 -0.50 1999 - 2019 percent Monthly




Country Last Previous
Argentina 58.59 Sep/19
Turkey 15.00 Sep/19
South Africa 7.15 Jun/19
Brazil 5.93 Jun/19
Russia 5.41 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.73 Jun/19
Saudi Arabia 3.40 Sep/19
South Korea 1.90 Jun/19
Canada 1.81 Sep/19
Australia 1.45 Aug/19
United Kingdom 0.50 Sep/19
China 0.35 Aug/19
Singapore 0.20 Jun/19
Japan -0.29 Sep/19
Switzerland -0.36 Jul/19
Euro Area -0.50 Sep/19


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