Deposit Interest Rate in Nicaragua increased to 1.32 percent in 2018 from 1.25 percent in 2017.

Deposit Interest Rate in Nicaragua averaged 3521.31 percent from 1988 until 2018, reaching an all time high of 107379.12 percent in 1988 and a record low of 1 percent in 2012. This page includes a chart with historical data for Deposit Interest Rate in Nicaragua. Deposit Interest Rate in Nicaragua - values, historical data and charts - was last updated on July of 2020.

Deposit Interest Rate in Nicaragua is expected to reach 2.25 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 Nicaragua is projected to trend around 2.25 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Nicaragua

Actual Previous Highest Lowest Dates Unit Frequency
1.32 1.25 107379.12 1.00 1988 - 2018 percent Yearly

Nicaragua Money Last Previous Highest Lowest Unit
Money Supply M1 53369.66 53107.93 60691.00 3863.84 NIO Million [+]
Money Supply M2 133409.87 133922.41 164394.88 21350.34 NIO Million [+]
Money Supply M3 133946.30 134430.74 165642.05 21523.32 NIO Million [+]
Deposit Interest Rate 1.32 1.25 107379.12 1.00 percent [+]
Interest Rate 10.47 12.24 17.45 8.33 percent [+]
Foreign Exchange Reserves 2568.20 2473.30 2837.10 1822.30 USD Million [+]

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