Vanuatu: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 1.55 percent as of Q4 2023, a decline compared to the previous value of 1.65 percent. Historically, the average for Vanuatu from Q1 2017 to Q4 2023 is 2.18 percent. The minimum of 1.4 percent was recorded in Q2 2023, while the maximum of 2.6 percent was reached in Q3 2019.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Reserve Bank of Vanuatu
| Recent values | Vanuatu: Bank deposit interest rate, percent |
|---|---|
| 2023 Q4 | 1.55 |
| 2023 Q3 | 1.65 |
| 2023 Q2 | 1.4 |
| 2023 Q1 | 1.78 |
| 2022 Q4 | 1.9 |
| 2022 Q3 | 2.25 |
| 2022 Q2 | 2.25 |
| 2022 Q1 | 1.9 |
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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 | 6.7 | 2022 | percent |
| Exchange rate regimes | 6 | 2021 | index points |
| USD exchange rate | 109.4335 | 6/2018 | Local Currency Units per USD |
| Money supply (broad money) | 119.20 | 6/2024 | billion |
| Consumer Price Index (CPI) | 205.6000 | Q4/2023 | index points |
| Inflation, monthly | -1.63 | Q4/2023 | percent |
| Inflation, annual | 6.97 | Q4/2023 | percent |
| Private sector credit | 66.72 | 6/2024 | billion |
| Business credit | 28.42 | 6/2024 | billion |
| Household credit | 38.30 | 6/2024 | billion |
| Deposit interest rate | 1.55 | Q4/2023 | percent |
| Business credit interest rate | 14.78 | Q4/2023 | percent |
| Mortgage credit interest rate | 16.35 | Q4/2023 | percent |