Mozambique: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 7.94 percent as of January 2022, a decline compared to the previous value of 7.98 percent. Historically, the average for Mozambique from January 2001 to January 2022 is 11.78 percent. The minimum of 6.62 percent was recorded in January 2021, while the maximum of 21.29 percent was reached in April 2002.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Mozambique
Recent values | Mozambique: Bank deposit interest rate, percent |
---|---|
2022  Jan | 7.94 |
2021  Dec | 7.98 |
2021  Nov | 7.51 |
2021  Oct | 7.1 |
2021  Sep | 7.48 |
2021  Aug | 7.33 |
2021  Jul | 7.26 |
2021  Jun | 6.94 |
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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 | 7.1 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 63.8870 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 581.89 | 7/2021 | billion |
Consumer Price Index (CPI) | 103.3400 | 4/2024 | index points |
Inflation, monthly | 0.37 | 4/2024 | percent |
Inflation, annual | 2.63 | 4/2024 | percent |
Private sector credit | 419.12 | 7/2024 | billion |
Business credit | 135.92 | 7/2024 | billion |
Household credit | 283.20 | 7/2024 | billion |
Deposit interest rate | 7.94 | 1/2022 | percent |