Deposit Interest Rate in Cape Verde decreased to 1.90 percent in 2018 from 2.50 percent in 2017. Deposit Interest Rate in Cape Verde averaged 3.88 percent from 1985 until 2018, reaching an all time high of 5.27 percent in 1998 and a record low of 1.90 percent in 2018.

Deposit Interest Rate in Cape Verde is expected to be 2.50 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 Cape Verde is projected to trend around 3.00 percent in 2020, according to our econometric models.

Deposit Interest Rate in Cape Verde
Forecast Data Chart
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Cape Verde Money Last Previous Highest Lowest Unit
Interest Rate 5.50 5.50 10.50 5.50 percent [+]
Money Supply M0 106845.60 106563.80 106845.60 87392.90 CVE Million [+]
Money Supply M2 182091.20 184710.10 1234914.00 18495.60 CVE Million [+]
Foreign Exchange Reserves 61178.10 61736.70 62144.20 784.10 CVE Million [+]
Deposit Interest Rate 1.90 2.50 5.27 1.90 percent [+]
Money Supply M1 75245.60 78146.40 525141.30 47147.40 CVE Million [+]

Deposit Interest Rate in Cape Verde

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

Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.50 5.27 1.90 1985 - 2018 percent Yearly

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Argentina 46.83 Jul/19
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