Deposit Interest Rate in Nicaragua increased to 1.25 percent in 2017 from 1.10 percent in 2016. Deposit Interest Rate in Nicaragua averaged 3638.64 percent from 1988 until 2017, reaching an all time high of 107379.12 percent in 1988 and a record low of 1 percent in 2012.

Deposit Interest Rate in Nicaragua is expected to be 2.00 percent by the end of this quarter, 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 2020, according to our econometric models.

Deposit Interest Rate in Nicaragua
Forecast Data Chart
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Nicaragua Money Last Previous Highest Lowest Unit
Money Supply M1 44469.34 45356.03 60691.00 3863.84 NIO Million [+]
Money Supply M2 118662.70 117414.53 164394.88 21350.34 NIO Million [+]
Money Supply M3 119293.45 117908.30 165642.05 21523.32 NIO Million [+]
Deposit Interest Rate 1.25 1.10 107379.12 1.00 percent [+]
Foreign Exchange Reserves 2078.00 2087.40 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. This page includes a chart with historical data for Deposit Interest Rate in Nicaragua. Deposit Interest Rate in Nicaragua - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.25 1.10 107379.12 1.00 1988 - 2017 percent Yearly

Country Last Previous
Argentina 53.07 Oct/19
Turkey 15.00 Sep/19
South Africa 6.98 Aug/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Sep/19
Japan -0.41 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19