Deposit Interest Rate in Guinea decreased to 3.84 percent in 2016 from 6.69 percent in 2015.

Deposit Interest Rate in Guinea averaged 14.22 percent from 1987 until 2016, reaching an all time high of 23 percent in 1992 and a record low of 3.84 percent in 2016. This page includes a chart with historical data for Deposit Interest Rate in Guinea. Deposit Interest Rate in Guinea - values, historical data and charts - was last updated on May of 2020.

Deposit Interest Rate in Guinea is expected to reach 2.84 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Guinea is projected to trend around 2.09 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Guinea

Actual Previous Highest Lowest Dates Unit Frequency
3.84 6.69 23.00 3.84 1987 - 2016 percent Yearly

Guinea Money Last Previous Highest Lowest Unit
Interest Rate 11.50 11.00 22.25 9.00 percent [+]
Money Supply M1 30431.67 29827.04 30431.67 590.50 GNF Billion [+]
Foreign Exchange Reserves 1159.11 1104.65 1159.11 410.80 USD Million [+]

Deposit Interest Rate in Guinea
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.