Forecast: 3-Month Bank Deposit Interest Rates in Indonesia

The 3-Month Bank Deposit Interest Rates in Indonesia are forecasted to slightly decline from 4.6% in 2024 to 4.52% in 2028. In 2023, the standing rate was at 4.62%. Year-on-year variations indicate a gradual decreasing trend: -0.43% in 2025, -0.66% in 2026, -0.22% in 2027, and -0.44% in 2028.

Looking into the future trends:

• Monitor the Indonesian Central Bank's monetary policy adjustments.

• Economic growth and inflation rates will significantly impact deposit rates.

• Global financial market conditions could influence future forecasts.

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