Deposit Interest Rate in Armenia increased to 8.38 percent in July from 8.02 percent in June of 2021. source: Central Bank of Armenia

Deposit Interest Rate in Armenia averaged 10.67 percent from 1995 until 2021, 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. This page includes a chart with historical data for Deposit Interest Rate in Armenia. Deposit Interest Rate in Armenia - values, historical data and charts - was last updated on September of 2021.

Deposit Interest Rate in Armenia is expected to be 8.38 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Armenia is projected to trend around 9.13 percent in 2022 and 8.13 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Armenia

Actual Previous Highest Lowest Dates Unit Frequency
8.38 8.02 63.18 4.90 1995 - 2021 percent Monthly

Armenia Money Last Previous Highest Lowest Unit
Interest Rate 7.25 7.00 10.50 4.25 percent [+]
Money Supply M0 1746674.00 1654284.00 1746674.00 27571.00 AMD Million [+]
Money Supply M1 1267367.00 1256643.00 1267367.00 12820.00 AMD Million [+]
Money Supply M2 2263280.00 2257814.00 2263280.00 13641.00 AMD Million [+]
Deposit Interest Rate 8.38 8.02 63.18 4.90 percent [+]
Lending Rate 8.50 8.00 11.75 5.75 percent [+]
Foreign Exchange Reserves 3073.40 3090.80 3180.08 373.86 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.