Indonesia deposit interest rate

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Indonesia deposit interest rate closed down 5.25 as of October 16, 2024 from 5.25 from the previous day, 5.5 last week and 5 last month.

Indonesia deposit interest rate Analytics & Data





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Indonesia deposit interest rate Historical Data

Date Close
2024-10-16 5.25
2024-09-18 5.25
2024-08-21 5.5
2024-07-17 5.5
2024-06-20 5.5
2024-05-22 5.5
2024-04-24 5.5
2024-03-20 5.25
2024-02-21 5.25
2024-01-17 5.25
2023-12-21 5.25
2023-11-23 5.25
2023-10-19 5.25
2023-09-21 5
2023-08-24 5
2023-07-25 5
2023-06-22 5
2023-05-25 5
2023-04-19 5
2023-03-16 5
2023-02-16 5
2023-01-19 5
2022-12-22 4.75
2022-11-17 4.5
2022-10-20 4
2022-09-22 3.5
2022-08-23 3
2022-07-21 2.75
2022-06-23 2.75
2022-05-24 2.75
2022-04-19 2.75
2022-03-17 2.75
2022-02-10 2.75
2022-01-20 2.75
2021-12-16 2.75
2021-11-18 2.75
2021-10-21 2.75
2021-09-21 2.75
2021-08-19 2.75
2021-07-22 2.75
2021-06-17 2.75
2021-05-25 2.75
2021-04-20 2.75
2021-03-18 2.75
2021-02-18 2.75
2021-01-21 3
2020-12-17 3
2020-11-19 3
2020-10-13 3.25
2020-09-27 3.25
2020-09-17 3.25
2020-08-19 3.25
2020-07-18 3.25
2020-06-18 3.5
2020-05-16 3.75
2020-04-19 3.75
2020-03-21 3.75
2020-03-19 3.75
2020-02-21 4
2020-01-18 4.25

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Indonesia deposit interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
Indonesia deposit interest rate id.depositrate 0 0 0 0

Indonesia deposit interest rate Quantitative Analysis, Charts & Factors

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Indonesia deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Indonesia 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 Indonesia deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Indonesia deposit interest rate

The Indonesia deposit interest rate refers to the rate at which financial institutions in Indonesia pay interest on deposits made by customers. This rate is set by the central bank of Indonesia, known as Bank Indonesia, and plays a crucial role in influencing the overall interest rates in the country. A higher deposit interest rate typically attracts more deposits from customers, as they can earn more money on their savings. On the other hand, a lower rate may discourage savings and encourage spending or investing in other assets. The deposit interest rate also affects the cost of borrowing for individuals and businesses, as banks use these rates to determine the interest rates on loans and other financial products. Overall, the deposit interest rate is an important tool used by the central bank to control inflation, stimulate economic activity, and promote financial stability in Indonesia.