Deposit Interest Rate in Mozambique decreased to 12.37 percent in August from 13.06 percent in July of 2018. Deposit Interest Rate in Mozambique averaged 13.98 percent from 1994 until 2018, reaching an all time high of 42.40 percent in July of 1994 and a record low of 6.97 percent in July of 2005.

Deposit Interest Rate in Mozambique is expected to be 15.10 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 11.10 in 12 months time. In the long-term, the Deposit Interest Rate in Mozambique is projected to trend around 12.10 percent in 2020, according to our econometric models.

Deposit Interest Rate in Mozambique
Forecast Data Chart
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Mozambique Money Last Previous Highest Lowest Unit
Interest Rate 14.25 15.00 23.25 7.50 percent [+]
Money Supply M3 399876.40 394727.90 399876.40 65526.70 MZN Million [+]
Foreign Exchange Reserves 2855.00 2933.00 3251.00 625.00 USD Million [+]
Deposit Interest Rate 12.37 13.06 42.40 6.97 percent [+]
Lending Rate 20.20 20.40 29.75 14.23 percent [+]
Loans To Private Sector 261957603.50 267726287.90 270814633.70 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. This page includes a chart with historical data for Deposit Interest Rate in Mozambique. Deposit Interest Rate in Mozambique - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.37 13.06 42.40 6.97 1994 - 2018 percent Monthly

Country Last Previous
Turkey 22.50 Jan/19
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 5.66 Oct/18
Indonesia 5.25 Dec/18
Saudi Arabia 3.13 Jan/19
Mexico 2.70 Dec/17
Australia 1.85 Dec/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Dec/18
China 0.35 Dec/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Nov/18
Euro Area -0.40 Dec/18