Seychelles: Deposit interest rate

* indicates monthly or quarterly data series
The most recent value is 2.77 percent as of September 2024, an increase compared to the previous value of 2.7 percent. Historically, the average for the Seychelles from January 2004 to September 2024 is 4.18 percent. The minimum of 2.52 percent was recorded in March 2023, while the maximum of 11.06 percent was reached in April 2009. Click on the following link to see the values of: Deposit interest rate around the world.
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Recent values Seychelles: Bank deposit interest rate, percent
2024  Sep 2.77
2024  Aug 2.7
2024  Jul 2.65
2024  Jun 2.63
2024  May 2.64
2024  Apr 2.64
2024  Mar 2.64
2024  Feb 2.58


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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 8.3 2020 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 13.7106 11/2024 Local Currency Units per USD
 Money supply (broad money) 16.47 9/2024 billion
 Consumer Price Index (CPI) 126.3141 10/2024 index points
 Inflation, monthly -0.01 10/2024 percent
 Inflation, annual 0.55 10/2024 percent
 Private sector credit 8.53 9/2024 billion
 Business credit 6.46 9/2024 billion
 Household credit 2.07 9/2024 billion
 Deposit interest rate 2.77 9/2024 percent
 Business credit interest rate 8.54 10/2024 percent
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