Deposit Interest Rate in Ecuador increased to 3.60 percent in 2018 from 3.50 percent in 2017.

Deposit Interest Rate in Ecuador averaged 17.24 percent from 1983 until 2018, reaching an all time high of 46.81 percent in 1992 and a record low of 0 percent in 2007. This page includes a chart with historical data for Deposit Interest Rate in Ecuador. Deposit Interest Rate in Ecuador - values, historical data and charts - was last updated on July of 2020.

Deposit Interest Rate in Ecuador is expected to reach 2.82 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 Ecuador is projected to trend around 2.42 percent in 2021 and 1.42 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Ecuador

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.50 46.81 0.00 1983 - 2018 percent Yearly

Ecuador Money Last Previous Highest Lowest Unit
Interest Rate 9.12 8.98 72.60 6.67 percent [+]
Interbank Rate 2.10 2.10 14.67 0.11 percent [+]
Money Supply M1 27138.48 26666.80 27138.48 5916.73 USD Million [+]
Money Supply M2 58949.96 58415.37 58949.96 11792.36 USD Million [+]
Foreign Exchange Reserves 2665.61 3402.03 6689.23 778.90 USD Million [+]
Loans to Private Sector 16958.90 16956.00 17156.30 5187.12 USD Million [+]
Deposit Interest Rate 3.60 3.50 46.81 0.00 percent [+]

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