Deposit Interest Rates Statistics in Malaysia (2026)
According to World Bank World Development Indicators data, the average deposit interest rate in Malaysia came to 2.6% in 2024. Essentially no change from 2.7% in 2023 to 2.6% in 2024. Malaysia ranks #7 of 22 economies in East Asia & Pacific on this measure, and #67 of 113 globally.
Key Statistics
- Latest value (2024)
- 2.6% (2024)
- Deposit Interest Rates in Malaysia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 2.7% in 2023 to 2.6% in 2024.
- Earliest value in this dataset (1990)
- 5.7% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 5.7% in 1990 to 2.6% in 2024.
- Peak value (1998)
- 8.5% (1998)
- Highest value in the available series; the 2024 value is 2.6%.
- Rank in East Asia & Pacific
- #7 of 22 (2024)
- Malaysia ranks 7 of 22 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #67 of 113 (2024)
- Malaysia ranks 67 of 113 countries with data globally.
- East Asia & Pacific average
- 2.2% (2024)
- Malaysia (2.6%) is above the average of 2.2% across the 22 countries in East Asia & Pacific with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 2.6% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Malaysia (2024)
- 98% (2024)
- 98% of the population in Malaysia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 35.6 million (2024)
- Malaysia had a population of 35.6 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 2.6% | −0.0 pp |
| 2023 | 2.7% | +0.7 pp |
| 2022 | 1.9% | +0.4 pp |
| 2021 | 1.6% | −0.4 pp |
| 2020 | 2% | −1.0 pp |
| 2019 | 3% | −0.2 pp |
| 2018 | 3.1% | +0.2 pp |
| 2017 | 2.9% | −0.1 pp |
| 2016 | 3% | −0.1 pp |
| 2015 | 3.1% | +0.1 pp |
| 2014 | 3% | +0.1 pp |
| 2013 | 3% | −0.0 pp |
| 2012 | 3% | +0.1 pp |
| 2011 | 2.9% | +0.4 pp |
| 2010 | 2.5% | +0.4 pp |
| 2009 | 2.1% | −1.0 pp |
| 2008 | 3.1% | −0.0 pp |
| 2007 | 3.2% | +0.0 pp |
| 2006 | 3.1% | +0.1 pp |
| 2005 | 3% | +0.0 pp |
| 2004 | 3% | −0.1 pp |
| 2003 | 3.1% | −0.1 pp |
| 2002 | 3.2% | −0.2 pp |
| 2001 | 3.4% | +0.0 pp |
| 2000 | 3.4% | −0.8 pp |
| 1999 | 4.1% | −4.4 pp |
| 1998 | 8.5% | +0.7 pp |
| 1997 | 7.8% | +0.7 pp |
| 1996 | 7.1% | +1.2 pp |
| 1995 | 5.9% | +1.0 pp |
| 1994 | 4.9% | −2.1 pp |
| 1993 | 7% | −0.9 pp |
| 1992 | 7.9% | +0.8 pp |
| 1991 | 7.1% | +1.4 pp |
| 1990 | 5.7% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Malaysia?
The average deposit interest rate in Malaysia stood at 2.6% in 2024, according to World Bank World Development Indicators data.
Where does the deposit interest rates data for Malaysia come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Malaysia is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Malaysia changed over time?
World Bank World Development Indicators data show a decline from 5.7% in 1990 to 2.6% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .