Deposit Interest Rate in Sao Tome and Principe increased to 3.36 percent in the second quarter of 2019 from 3.28 percent in the first quarter of 2019.

Deposit Interest Rate in Sao Tome and Principe averaged 12.96 percent from 1989 until 2019, reaching an all time high of 38.29 percent in the fourth quarter of 1998 and a record low of 3.28 percent in the first quarter of 2019. This page includes a chart with historical data for Deposit Interest Rate in Sao Tome and Principe. Deposit Interest Rate in Sao Tome and Principe - values, historical data and charts - was last updated on July of 2020.

Deposit Interest Rate in Sao Tome and Principe is expected to be 2.86 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Sao Tome and Principe to stand at 2.86 in 12 months time. In the long-term, the Deposit Interest Rate in Sao Tome and Principe is projected to trend around 2.86 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Sao Tome and Principe

Actual Previous Highest Lowest Dates Unit Frequency
3.36 3.28 38.29 3.28 1989 - 2019 percent Quarterly

Sao Tome and Principe Money Last Previous Highest Lowest Unit
Interest Rate 9.00 9.00 29.50 9.00 percent [+]
Money Supply M0 1618.00 1606.00 1719.00 94.00 STD Million [+]
Money Supply M1 1928.00 1975.00 1975.00 77.00 STD Million [+]
Money Supply M2 2407.00 2459.00 2459.00 89.00 STD Million [+]
Money Supply M3 3187.00 3198.00 3198.00 148.00 STD Million [+]
Foreign Exchange Reserves 135.87 134.13 274.15 70.68 STD Million [+]


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