What does the Bank Savings Rate measure?
The Bank Savings Rate is the deposit rate: the average interest rate that banks pay on deposits placed by customers. It captures the return savers receive and the funding cost banks face.
How many countries are covered and at what frequency?
The indicator covers 26 countries across Latin America and the Caribbean, available at annual, monthly, and quarterly frequency for the period 1990–2026.
What units are available?
Values are available as the nominal rate and in real terms, each provided as the average of the period or end of period. This series does not include derived transformations.
How is the rate measured in some countries?
Where applicable, the passive rate is measured as the BADLAR TNA on time deposits in pesos or dollars over one million, with 30–35-day maturities, averaged across reporting public and private banks. For some series the indicator resembles SGS series 25433, expressed in percent per month and converted to a nominal annual rate by multiplying by 12.
Where do the data come from?
The IDB compiles the series from national central banks, statistical offices, and supervisory authorities across the region, including Banco Central de Chile, Banco Central do Brasil, Banco de la República de Colombia, Banco de Mexico (Banxico), Superintendencia de Bancos de Panama, and Bank of Jamaica, among others.
What is this indicator typically used for?
Analysts use the deposit rate to study the cost of bank funding, household savings incentives, and the transmission of monetary policy, comparing nominal and real returns across Latin America and the Caribbean.
How do I cite this indicator?
Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Bank Savings Rate". data.iadb.org/dataset/latin-macro-watch-dataset.
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