Deposit Interest Rate in Armenia increased to 9 percent in November from 8.50 percent in October of 2022. source: Central Bank of Armenia
Deposit Interest Rate in Armenia averaged 5.19 percent from 2015 until 2022, reaching an all time high of 9.00 percent in November of 2022 and a record low of 2.75 percent in September of 2020. This page includes a chart with historical data for Deposit Interest Rate in Armenia. Armenia Deposit Rate - values, historical data and charts - was last updated on December of 2022.
Deposit Interest Rate in Armenia is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Deposit Rate is projected to trend around 7.00 percent in 2023 and 6.00 percent in 2024, according to our econometric models.