Deposit Interest Rate in Panama decreased to 2.05 percent in 2020 from 2.17 percent in 2019. source: World Bank

Deposit Interest Rate in Panama averaged 4.63 percent from 1986 until 2020, reaching an all time high of 8.49 percent in 1989 and a record low of 1.72 percent in 2016. This page includes a chart with historical data for Deposit Interest Rate in Panama. Deposit Interest Rate in Panama - values, historical data and charts - was last updated on June of 2021.

Deposit Interest Rate in Panama is expected to reach 2.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Panama is projected to trend around 2.80 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Panama

Actual Previous Highest Lowest Dates Unit Frequency
2.05 2.17 8.49 1.72 1986 - 2020 percent Yearly

Panama Money Last Previous Highest Lowest Unit
Deposit Interest Rate 2.05 2.17 8.49 1.72 percent [+]


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