Deposit Interest Rate in Maldives decreased to 3.47 percent in 2019 from 3.66 percent in 2018.

Deposit Interest Rate in Maldives averaged 6.03 percent from 1980 until 2019, reaching an all time high of 9.09 percent in 1985 and a record low of 3.47 percent in 2019. This page includes a chart with historical data for Deposit Interest Rate in Maldives. Deposit Interest Rate in Maldives - values, historical data and charts - was last updated on July of 2020.

Deposit Interest Rate in Maldives is expected to reach 2.97 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 Maldives is projected to trend around 2.97 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Maldives

Actual Previous Highest Lowest Dates Unit Frequency
3.47 3.66 9.09 3.47 1980 - 2019 percent Yearly

Maldives Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 7.00 4.46 percent [+]
Deposit Interest Rate 3.47 3.66 9.09 3.47 percent [+]
Money Supply M0 13142.00 12289.00 14826.10 8644.20 MVR Million [+]
Money Supply M1 15111.10 14699.00 15312.50 2347.60 MVR Million [+]
Money Supply M2 37354.30 37585.70 37585.70 5543.50 MVR Million [+]
Central Bank Balance Sheet 18435.10 18730.20 22149.90 3800.45 MVR Million [+]
Foreign Exchange Reserves 11351.60 11617.90 14445.10 3402.28 MVR Million [+]


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