Euro Area deposit interest rate

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Euro Area deposit interest rate closed down 3.5 as of September 12, 2024 from 3.75 from the previous day, 4 last week and 1.5 last month.

Euro Area deposit interest rate Analytics & Data




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Euro Area deposit interest rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Euro Area deposit interest rate Historical Data

Date Close
2024-09-12 3.5
2024-08-31 3.75
2024-07-18 3.75
2024-06-06 3.75
2024-05-31 4
2024-04-11 4
2024-03-07 4
2024-01-25 4
2023-12-14 4
2023-11-30 4
2023-10-26 4
2023-09-14 4
2023-07-27 3.75
2023-06-15 3.5
2023-05-04 3.25
2023-03-16 3
2023-02-02 2.5
2023-01-31 2
2022-12-15 2
2022-11-30 1.5
2022-10-27 1.5
2022-09-08 0.75
2022-08-31 0
2022-07-21 0
2022-06-09 -0.5
2022-05-31 -0.5
2022-04-14 -0.5
2022-03-10 -0.5
2022-02-03 -0.5
2022-01-31 -0.5
2021-12-16 -0.5
2021-11-30 -0.5
2021-10-28 -0.5
2021-09-09 -0.5
2021-08-31 -0.5
2021-07-22 -0.5
2021-06-10 -0.5
2021-05-31 -0.5
2021-04-22 -0.5
2021-03-11 -0.5
2021-02-28 -0.5
2021-01-21 -0.5
2020-12-10 -0.5
2020-11-30 -0.5
2020-10-29 -0.5
2020-09-10 -0.5
2020-08-31 -0.5
2020-07-16 -0.5
2020-06-04 -0.5
2020-05-31 -0.5
2020-04-30 -0.5
2020-03-12 -0.5
2020-02-29 -0.5
2020-01-23 -0.5
2019-12-12 -0.5
2019-11-30 -0.5
2019-10-24 -0.5
2019-09-12 -0.5
2019-08-31 -0.4
2019-07-25 -0.4

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Euro Area deposit interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
Euro Area deposit interest rate ea.depositrate 0 0 0 0

Euro Area deposit interest rate Quantitative Analysis, Charts & Factors

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Euro Area deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Euro Area deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Euro Area deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Euro Area deposit interest rate

The Euro Area deposit interest rate refers to the interest rate paid by banks to their customers on deposits held in the Eurozone. This rate is set by the European Central Bank (ECB) and plays a crucial role in influencing consumer saving behavior and overall economic activity within the Euro Area. A higher deposit interest rate incentivizes individuals to save more money in banks, leading to increased liquidity in the financial system. Conversely, a lower deposit interest rate may encourage spending and investment as individuals seek higher returns in alternative assets. Overall, the Euro Area deposit interest rate is a key tool used by central banks to manage monetary policy and stimulate economic growth.