Deposit Interest Rate in Guinea decreased to 3.10 percent in 2018 from 3.70 percent in 2017. source: World Bank

Deposit Interest Rate in Guinea averaged 13.68 percent from 1987 until 2018, reaching an all time high of 23 percent in 1992 and a record low of 3.10 percent in 2018. This page includes a chart with historical data for Deposit Interest Rate in Guinea. Deposit Interest Rate in Guinea - values, historical data and charts - was last updated on July of 2021.

Deposit Interest Rate in Guinea is expected to reach 3.10 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 Guinea is projected to trend around 4.10 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Guinea

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.70 23.00 3.10 1987 - 2018 percent Yearly

Guinea Money Last Previous Highest Lowest Unit
Interest Rate 11.50 11.50 22.25 9.00 percent [+]
Money Supply M1 37209.46 37374.83 37374.83 590.50 GNF Billion [+]
Foreign Exchange Reserves 1455.14 1482.51 1583.38 410.81 USD Million [+]

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