Deposit Interest Rate in Ecuador increased to 4.78 percent in 2020 from 4.40 percent in 2019. source: World Bank

Deposit Interest Rate in Ecuador averaged 16.58 percent from 1983 until 2020, reaching an all time high of 46.81 percent in 1992 and a record low of 0 percent in 2007. This page includes a chart with historical data for Deposit Interest Rate in Ecuador. Deposit Interest Rate in Ecuador - values, historical data and charts - was last updated on May of 2021.

Deposit Interest Rate in Ecuador is expected to reach 1.18 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Ecuador is projected to trend around 3.38 percent in 2022 and 4.38 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Ecuador

Actual Previous Highest Lowest Dates Unit Frequency
4.78 4.40 46.81 0.00 1983 - 2020 percent Yearly

Ecuador Money Last Previous Highest Lowest Unit
Interest Rate 9.33 8.12 72.60 6.67 percent [+]
Interbank Rate 1.00 1.00 14.67 0.11 percent [+]
Money Supply M1 28433.19 27818.05 28433.19 5916.73 USD Million [+]
Money Supply M2 63928.88 63199.85 63928.88 11792.36 USD Million [+]
Foreign Exchange Reserves 5779.17 5790.93 7195.65 778.90 USD Million [+]
Loans to Private Sector 17725.60 17581.10 17725.60 5187.12 USD Million [+]
Deposit Interest Rate 4.78 4.40 46.81 0.00 percent [+]


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