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Compare Countries By Deposit Rates

Deposit taking institutions offer a broad range of deposit accounts to their clients varying in maturity, withdrawal conditions and interest rates. According to ECB statistics, the most of the deposit contracts have maturity less than 1 year. This page provides information on nominal deposit rates (quoted in deposit contracts) with agreed maturity up to 1 year in local currencies.

When estimating income from a deposit, the following should be taken into account:

To roughly estimate the reliability of deposits in a particular country, the following two parameters are provided:

 Poland
Currency
PLN
Deposit Rate[1]
1.74%
Estimated Inflation[2]
1.60%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aa3 (high grade)
Currency
RON
Deposit Rate[1]
1.54%
Estimated Inflation[2]
1.10%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
A3 (upper medium grade)
Currency
CZK
Deposit Rate[1]
1.36%
Estimated Inflation[2]
2.40%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aa2 (high grade)
Currency
EUR
Deposit Rate[1]
1.22%
Estimated Inflation[2]
1.30%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
EUR
Deposit Rate[1]
1.18%
Estimated Inflation[2]
1.40%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
GBP
Deposit Rate[1]
1.11%
Estimated Inflation[2]
2.70%
Maximum Protected Amount[3]
85,000 GBP
Country Ceiling for Deposits[4]
Aaa (prime)
 France
Currency
EUR
Deposit Rate[1]
1.10%
Estimated Inflation[2]
1.20%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Italy
Currency
EUR
Deposit Rate[1]
0.90%
Estimated Inflation[2]
1.30%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aa2 (high grade)
 Greece
Currency
EUR
Deposit Rate[1]
0.58%
Estimated Inflation[2]
1.10%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
B3 (highly speculative)
 Malta
Currency
EUR
Deposit Rate[1]
0.56%
Estimated Inflation[2]
1.30%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Latvia
Currency
EUR
Deposit Rate[1]
0.46%
Estimated Inflation[2]
2.90%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
EUR
Deposit Rate[1]
0.44%
Estimated Inflation[2]
3.70%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Cyprus
Currency
EUR
Deposit Rate[1]
0.38%
Estimated Inflation[2]
0.70%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
A3 (upper medium grade)
Currency
EUR
Deposit Rate[1]
0.29%
Estimated Inflation[2]
1.70%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
EUR
Deposit Rate[1]
0.24%
Estimated Inflation[2]
2.20%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
HRK
Deposit Rate[1]
0.24%
Estimated Inflation[2]
1.30%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Baa1 (lower medium grade)
Currency
EUR
Deposit Rate[1]
0.21%
Estimated Inflation[2]
0.80%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Hungary
Currency
HUF
Deposit Rate[1]
0.20%
Estimated Inflation[2]
2.40%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Baa1 (lower medium grade)
Currency
EUR
Deposit Rate[1]
0.20%
Estimated Inflation[2]
3.70%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Slovenia
Currency
EUR
Deposit Rate[1]
0.18%
Estimated Inflation[2]
1.60%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aa1 (high grade)
Currency
EUR
Deposit Rate[1]
0.16%
Estimated Inflation[2]
2.20%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
Currency
EUR
Deposit Rate[1]
0.13%
Estimated Inflation[2]
1.60%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
A1 (upper medium grade)
Currency
BGN
Deposit Rate[1]
0.12%
Estimated Inflation[2]
1.20%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
A3 (upper medium grade)
 Denmark
Currency
DKK
Deposit Rate[1]
0.09%
Estimated Inflation[2]
1.10%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)
 Sweden
Currency
SEK
Deposit Rate[1]
0.07%
Estimated Inflation[2]
1.90%
Maximum Protected Amount[3]
950,000 SEK
Country Ceiling for Deposits[4]
Aaa (prime)
 Spain
Currency
EUR
Deposit Rate[1]
0.04%
Estimated Inflation[2]
2.00%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aa1 (high grade)
 Luxembourg
Currency
EUR
Deposit Rate[1]
0.04%
Estimated Inflation[2]
2.10%
Maximum Protected Amount[3]
100,000 EUR
Country Ceiling for Deposits[4]
Aaa (prime)

[1]  Deposit rates are agreed annualised deposit rates of new deposit contracts with agreed maturity up to 1 year between credit institutions and households, the data are provided by European Central Bank , February 2019.

[2]  Estimated annual percentages of average consumer prices in 2017, the data are provided by International Monetary Fund , World Economic Outlook.

[3]  The data are provided by National Central Banks and Deposit Insurance Organizations.

[4]  Moody's country ceilings for deposits (as of September 02, 2016) specify the highest rating that can be assigned to local- or foreign- currency denominated deposit obligations of a bank or other deposit taking institution domiciled within that country. Because the deposit rates are given for local-currency contracts,  Moody's country ceilings for local currency are provided.


 Deposit Rates (February 2019) in the European Union. Source: ECB.

Chart 1. Deposit Rates (February 2019) in the European Union. Source: ECB.

See Also