Deposit Interest Rate in Mozambique decreased to 6.64 percent in August from 6.98 percent in July of 2020. source: IMF

Deposit Interest Rate in Mozambique averaged 13.59 percent from 1994 until 2020, reaching an all time high of 42.40 percent in July of 1994 and a record low of 6.64 percent in August of 2020. This page includes a chart with historical data for Deposit Interest Rate in Mozambique. Deposit Interest Rate in Mozambique - values, historical data and charts - was last updated on December of 2020.

Deposit Interest Rate in Mozambique is expected to be 6.64 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 Mozambique to stand at 5.64 in 12 months time. In the long-term, the Deposit Interest Rate in Mozambique is projected to trend around 5.64 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Mozambique

Actual Previous Highest Lowest Dates Unit Frequency
6.64 6.98 42.40 6.64 1994 - 2020 percent Monthly

Mozambique Money Last Previous Highest Lowest Unit
Interest Rate 10.25 10.25 23.25 7.50 percent [+]
Money Supply M3 528146.80 522562.90 528146.80 65526.70 MZN Million [+]
Foreign Exchange Reserves 3735.00 3754.00 3929.00 625.00 USD Million [+]
Lending Rate 15.90 16.90 29.75 14.23 percent [+]
Loans To Private Sector 222957126.90 218100216.70 271714439.80 12719071.00 MZN Thousand [+]

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