Montenegro: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 1.26 percent as of September 2024, no change compared to the previous value of 1.26 percent. Historically, the average for Montenegro from December 2007 to September 2024 is 3.05 percent. The minimum of 0.86 percent was recorded in December 2023, while the maximum of 6.25 percent was reached in March 2010.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Montenegro
| Recent values | Montenegro: Bank deposit interest rate, percent |
|---|---|
| 2024 Sep | 1.26 |
| 2024 Aug | 1.26 |
| 2024 Jul | 1.27 |
| 2024 Jun | 1.24 |
| 2024 May | 1.19 |
| 2024 Apr | 1.16 |
| 2024 Mar | 1.16 |
| 2024 Feb | 1.19 |
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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 | 8.6 | 2023 | percent |
| Exchange rate regimes | 1 | 2022 | index points |
| USD exchange rate | 0.9409 | 11/2024 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 136.6748 | 9/2024 | index points |
| Inflation, monthly | -0.44 | 9/2024 | percent |
| Inflation, annual | 0.97 | 9/2024 | percent |
| Private sector credit | 3.27 | 9/2024 | billion |
| Business credit | 1.38 | 9/2024 | billion |
| Household credit | 1.89 | 9/2024 | billion |
| Deposit interest rate | 1.26 | 9/2024 | percent |
| Business credit interest rate | 5.18 | 9/2024 | percent |
| Mortgage credit interest rate | 5.07 | 9/2024 | percent |