Deposit Interest Rate in Dominican Republic increased to 7.60 percent in 2017 from 7.20 percent in 2016.

Deposit Interest Rate in Dominican Republic averaged 12.41 percent from 1991 until 2017, reaching an all time high of 21.12 percent in 2004 and a record low of 4.86 percent in 2010. This page includes a chart with historical data for Deposit Interest Rate in Dominican Republic. Deposit Interest Rate in Dominican Republic - values, historical data and charts - was last updated on May of 2020.

Deposit Interest Rate in Dominican Republic is expected to reach 7.35 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Dominican Republic is projected to trend around 7.85 percent in 2021 and 8.10 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Dominican Republic

Actual Previous Highest Lowest Dates Unit Frequency
7.60 7.20 21.12 4.86 1991 - 2017 percent Yearly

Dominican Republic Money Last Previous Highest Lowest Unit
Interest Rate 3.50 3.50 50.00 1.00 percent [+]
Deposit Interest Rate 7.60 7.20 21.12 4.86 percent [+]
Money Supply M0 134684.90 124529.70 134684.90 7390.30 DOP Million [+]
Money Supply M1 452693.20 424384.00 452693.20 14174.50 DOP Million [+]
Money Supply M2 1195378.40 1159283.30 1195378.40 37694.00 DOP Million [+]
Money Supply M3 1618449.20 1584665.80 1618449.20 38823.40 DOP Million [+]
Foreign Exchange Reserves 9324.60 9863.70 10408.90 165.20 USD Million [+]


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