Deposit Interest Rate in Seychelles decreased to 3.29 percent in 2018 from 3.61 percent in 2017.

Deposit Interest Rate in Seychelles averaged 6.48 percent from 1981 until 2018, reaching an all time high of 10 percent in 1986 and a record low of 2.08 percent in 2011. This page includes a chart with historical data for Deposit Interest Rate in Seychelles. Deposit Interest Rate in Seychelles - values, historical data and charts - was last updated on May of 2020.

Deposit Interest Rate in Seychelles is expected to reach 2.29 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Seychelles is projected to trend around 2.79 percent in 2021 and 3.29 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Seychelles

Actual Previous Highest Lowest Dates Unit Frequency
3.29 3.61 10.00 2.08 1981 - 2018 percent Yearly

Seychelles Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 5.50 4.00 percent [+]
Banks Balance Sheet 25256.94 25143.25 25256.94 4818.90 SCR Million [+]
Deposit Interest Rate 3.29 3.61 10.00 2.08 percent [+]
Lending Rate 12.31 12.39 16.36 10.49 percent [+]
Loans To Private Sector 3000.00 2961.00 3000.00 1452.50 SCR Million [+]
Money Supply M1 5483.50 5328.60 5483.50 1179.90 SCR Million [+]
Money Supply M2 11193.20 10968.60 11193.20 3712.78 SCR Million [+]
Money Supply M3 19042.00 18677.00 19042.00 4347.58 SCR Million [+]
Foreign Exchange Reserves 580.27 591.26 592.09 1.06 USD Million [+]
Cash Reserve Ratio 13.00 13.00 13.00 13.00 percent [+]
Central Bank Balance Sheet 9808.42 9778.23 9808.42 989.49 SCR Million [+]


Deposit Interest Rate in Seychelles
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.