Deposit Interest Rate in Guyana decreased to 0.88 percent in 2019 from 1 percent in 2018.

Deposit Interest Rate in Guyana averaged 8.17 percent from 1980 until 2019, reaching an all time high of 29.53 percent in 1991 and a record low of 0.88 percent in 2019. This page includes a chart with historical data for Deposit Interest Rate in Guyana. Deposit Interest Rate in Guyana - values, historical data and charts - was last updated on October of 2020.

Deposit Interest Rate in Guyana is expected to reach 0.13 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 Guyana is projected to trend around -0.12 percent in 2021 and -0.37 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Guyana

Actual Previous Highest Lowest Dates Unit Frequency
0.88 1.00 29.53 0.88 1980 - 2019 percent Yearly

Guyana Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 8.75 5.00 percent [+]
Deposit Interest Rate 0.88 1.00 29.53 0.88 percent [+]
Money Supply M2 416.60 374.38 416.60 351.04 GYD Billion [+]
Foreign Exchange Reserves 649.00 609.00 872.10 0.00 USD Million [+]

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