Deposit Interest Rate in Armenia decreased to 8.22 percent in July from 8.25 percent in June of 2019. Deposit Interest Rate in Armenia averaged 12.11 percent from 1995 until 2019, reaching an all time high of 63.18 percent in December of 1995 and a record low of 4.90 percent in December of 2004.

Deposit Interest Rate in Armenia is expected to be 8.57 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 Armenia to stand at 8.57 in 12 months time. In the long-term, the Deposit Interest Rate in Armenia is projected to trend around 8.57 percent in 2020, according to our econometric models.

Deposit Interest Rate in Armenia
Forecast Data Chart
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Armenia Money Last Previous Highest Lowest Unit
Interest Rate 5.50 5.75 10.50 5.50 percent [+]
Money Supply M0 1109023.00 1171200.00 1244641.00 27571.00 AMD Million [+]
Money Supply M1 849968.00 851681.00 865871.00 12820.00 AMD Million [+]
Money Supply M2 1629290.00 1617993.00 1629290.00 13641.00 AMD Million [+]
Deposit Interest Rate 8.22 8.25 63.18 4.90 percent [+]
Lending Rate 7.00 7.25 11.75 7.00 percent [+]
Foreign Exchange Reserves 2393.96 2295.88 2424.13 373.86 USD Million [+]

Deposit Interest Rate in Armenia

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 Armenia. Deposit Interest Rate in Armenia - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.22 8.25 63.18 4.90 1995 - 2019 percent Monthly

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 Aug/19
Japan -0.41 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19