Dominica: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 0.55 percent as of December 2020, no change compared to the previous value of 0.55 percent. Historically, the average for Dominica from January 2000 to December 2020 is 2.53 percent. The minimum of 0.55 percent was recorded in March 2020, while the maximum of 5 percent was reached in July 2000.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: East Carribean Central Bank
| Recent values | Dominica: Bank deposit interest rate, percent |
|---|---|
| 2020 Dec | 0.55 |
| 2020 Nov | 0.55 |
| 2020 Oct | 0.55 |
| 2020 Sep | 0.55 |
| 2020 Aug | 0.55 |
| 2020 Jul | 0.55 |
| 2020 Jun | 0.55 |
| 2020 May | 0.55 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.5 | 2023 | percent |
| Exchange rate regimes | 2 | 2022 | index points |
| USD exchange rate | 2.7026 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 1.55 | 12/2019 | billion |
| Consumer Price Index (CPI) | 121.4700 | 6/2024 | index points |
| Inflation, monthly | -0.45 | 6/2024 | percent |
| Inflation, annual | 2.62 | 6/2024 | percent |
| Private sector credit | 0.67 | 12/2019 | billion |
| Business credit | 0.26 | 12/2019 | billion |
| Household credit | 0.41 | 12/2019 | billion |
| Mortgage credit | 0.28 | Q4/2019 | billion |
| Consumer credit | 0.13 | Q4/2019 | billion |
| Deposit interest rate | 0.55 | 12/2020 | percent |
| Business credit interest rate | 11.00 | 12/2020 | percent |
| Mortgage credit interest rate | 7.75 | 12/2019 | percent |