Deposit Interest Rate in Dominican Republic increased to 7.60 percent in 2017 from 7.20 percent in 2016. Deposit Interest Rate in Dominican Republic averaged 12.41 percent from 1991 until 2017, reaching an all time high of 21.12 percent in 2004 and a record low of 4.86 percent in 2010.

Deposit Interest Rate in Dominican Republic is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Dominican Republic is projected to trend around 7.20 percent in 2020, according to our econometric models.

Deposit Interest Rate in Dominican Republic
Forecast Data Chart
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Dominican Republic Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 50.00 1.00 percent [+]
Deposit Interest Rate 7.60 7.20 21.12 4.86 percent [+]
Money Supply M0 108966.30 10823.40 117046.30 7390.30 DOP Million [+]
Money Supply M1 370089.60 370788.50 378562.70 18120.40 DOP Million [+]
Money Supply M2 1080650.00 1076620.90 1092769.20 43544.50 DOP Million [+]
Money Supply M3 1454232.40 1443713.00 1454232.40 45304.40 DOP Million [+]
Foreign Exchange Reserves 7900.00 8215.70 8712.10 165.20 USD Million [+]

Deposit Interest Rate in Dominican Republic

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Dominican Republic. Deposit Interest Rate in Dominican Republic - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.60 7.20 21.12 4.86 1991 - 2017 percent Yearly

Country Last Previous
Argentina 57.62 Oct/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.13 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19