Deposit Interest Rate in Armenia decreased to 8.28 percent in September from 8.42 percent in August of 2021. source: Central Bank of Armenia

Deposit Interest Rate in Armenia averaged 10.61 percent from 1995 until 2021, reaching an all time high of 63.18 percent in December of 1995 and a record low of 4.90 percent in December of 2004. This page includes a chart with historical data for Deposit Interest Rate in Armenia. Deposit Interest Rate in Armenia - values, historical data and charts - was last updated on October of 2021.

Deposit Interest Rate in Armenia is expected to be 8.78 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Armenia is projected to trend around 9.03 percent in 2022 and 8.03 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Armenia


Related Last Previous Unit Reference
Interest Rate 7.25 7.00 percent Sep/21
Money Supply M1 1278692.00 1267367.00 AMD Million Aug/21
Money Supply M0 1690891.00 1746674.00 AMD Million Aug/21
Money Supply M2 2292096.00 2263280.00 AMD Million Aug/21
Deposit Interest Rate 8.28 8.42 percent Sep/21
Foreign Exchange Reserves 3126.50 3036.80 USD Million Sep/21
Lending Rate 8.75 8.50 percent Sep/21
Deposit Interest Rate in Armenia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.