Deposit Interest Rate in Morocco decreased to 3 percent in 2019 from 3.10 percent in 2018.

Deposit Interest Rate in Morocco averaged 5.27 percent from 1980 until 2019, reaching an all time high of 8.50 percent in 1986 and a record low of 3 percent in 2019. This page includes a chart with historical data for Deposit Interest Rate in Morocco. Deposit Interest Rate in Morocco - values, historical data and charts - was last updated on October of 2020.

Deposit Interest Rate in Morocco is expected to reach 3.00 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 Morocco is projected to trend around 3.00 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Morocco

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.10 8.50 3.00 1980 - 2019 percent Yearly

Morocco Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 7.00 1.50 percent [+]
Money Supply M1 981457.00 988795.00 988795.00 35506.00 MAD Million [+]
Money Supply M2 1149273.00 1155666.00 1155666.00 38311.00 MAD Million [+]
Money Supply M3 1431202.00 1441366.00 1441366.00 51850.00 MAD Million [+]
Banks Balance Sheet 1519265.00 1513598.00 1519265.00 360422.93 MAD Million [+]
Foreign Exchange Reserves 295513.00 292542.00 295513.00 52221.00 MAD Million [+]
Deposit Interest Rate 3.00 3.10 8.50 3.00 percent [+]
Central Bank Balance Sheet 420199.29 406826.23 420199.29 118725.88 MAD Million [+]

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