Written Answer

Overall Average CPF Interest Rate Across CPF Accounts and Balances

19 September 2023 · Ministry of Manpower

Speakers

Hazel Poa Tan See Leng (Minister for Manpower and Second Minister for Trade and Industry)

Transcript

38 Ms Hazel Poa asked the Minister for Manpower for each year in the past five years, what is the overall average CPF interest rate across the different types of CPF accounts and balances.

Dr Tan See Leng: The overall average Central Provident Fund (CPF) interest rate (including Extra Interest¹) across the different types of CPF accounts and balances from 2018 to 2022 has been close to 4% per annum.