Deposit interest rate in Aruba

Aruba: Deposit interest rate was 2.8% in 2023. ▼ Falling

Latest (2023)
2.8%
Change on year
up 55.6%
World rank
84th
of 152 countries
All-time high
6.7%
in 1988
All-time low
1.2%
in 2018
Years of data
38
1986–2023

Deposit interest rate in Aruba, 1986–2023

2461986200420231986: 6.4 %1987: 6.6 %1988: 6.7 %1989: 6.7 %1990: 6.7 %1991: 6.5 %1992: 5.9 %1993: 5 %1994: 4 %1995: 4.4 %1996: 4.3 %1997: 4.4 %1998: 4.9 %1999: 6.2 %2000: 6.2 %2001: 6.5 %2002: 6.2 %2003: 5.1 %2004: 3.1 %2005: 4.1 %2006: 4.4 %2007: 4.5 %2008: 4.2 %2009: 3.4 %2010: 1.9 %2011: 1.6 %2012: 1.4 %2013: 3.2 %2014: 2.3 %2015: 1.9 %2016: 2 %2017: 1.6 %2018: 1.2 %2019: 2.2 %2020: 1.3 %2021: 1.7 %2022: 1.8 %2023: 2.8 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2023, deposit interest rate in Aruba stood at 2.8%.

The figure is up 55.6% on the previous year and down 12.5% over ten years.

Over the whole period, deposit interest rate in Aruba peaked at 6.7% in 1988 and was at its lowest, 1.2%, in 2018.

That places Aruba 84th out of 152 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 38 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.6% 6.4% 6.7% 4
1990s 5.2% 4.0% 6.7% 10
2000s 4.8% 3.1% 6.5% 10
2010s 1.9% 1.2% 3.2% 10
2020s 1.9% 1.3% 2.8% 4

Countries ranked near Aruba

  1. 81 Guinea 3.3% compare
  2. 82 Norway 3.2% compare
  3. 83 Laos 3.0% compare
  4. 84 Panama 2.8% compare
  5. 86 South Korea 2.7% compare
  6. 87 North Macedonia 2.7% compare

See the full ranking of 152 places →

More financial sector data for Aruba

All data for Aruba →

Frequently asked questions

What is deposit interest rate in Aruba?
Deposit interest rate in Aruba was 2.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Aruba?
The highest recorded value was 6.7% in 1988.
What is the lowest deposit interest rate recorded in Aruba?
The lowest recorded value was 1.2% in 2018.
How does Aruba rank for deposit interest rate?
Aruba ranks 84th out of 152 countries with data for 2023.
Is deposit interest rate rising or falling in Aruba?
Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
Where does this Aruba data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.