Deposit Interest Rate in Qatar remained unchanged at 1 percent in May from 1 percent in April of 2020.

Deposit Interest Rate in Qatar averaged 1.91 percent from 2002 until 2020, reaching an all time high of 5.15 percent in May of 2006 and a record low of 0.75 percent in August of 2011. This page includes a chart with historical data for Deposit Interest Rate in Qatar. Qatar Deposit Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Deposit Interest Rate in Qatar is expected to be 0.75 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 Qatar to stand at 0.75 in 12 months time. In the long-term, the Qatar Deposit Interest Rate is projected to trend around 1.25 percent in 2021 and 1.50 percent in 2022, according to our econometric models.

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Qatar Deposit Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 5.15 0.75 2002 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 08:00 PM 2.50% 2.25% 2.5%


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