Deposit Interest Rate in Algeria remained unchanged at 1.75 percent in October from 1.75 percent in September of 2018. Deposit Interest Rate in Algeria averaged 4.79 percent from 1980 until 2018, reaching an all time high of 17 percent in January of 1995 and a record low of 1.75 percent in April of 2005.

Deposit Interest Rate in Algeria is expected to be 1.75 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 Algeria to stand at 1.75 in 12 months time. In the long-term, the Deposit Interest Rate in Algeria is projected to trend around 2.00 percent in 2020, according to our econometric models.

Deposit Interest Rate in Algeria
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Algeria Money Last Previous Highest Lowest Unit
Interest Rate 3.75 3.75 21.00 2.75 percent [+]
Deposit Interest Rate 1.75 1.75 17.00 1.75 percent [+]
Foreign Exchange Reserves 94529.00 97300.00 194961.00 94529.00 USD Million [+]


Deposit Interest Rate in Algeria

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 Algeria. Deposit Interest Rate in Algeria - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.75 1.75 17.00 1.75 1980 - 2018 percent Monthly




Country Last Previous
Turkey 22.50 Nov/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18


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