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Interest Rate on Bank Deposits (Local Currency) fell 46.5% to 2.49% in Dominican Republic in 2021

Interest Rate on Bank Deposits (Local Currency) (%), 2021
Banking | Dominican Republic | February 2, 2023
$2.99
Excel Sheet

Interest rate on bank deposits fell 46.5% to 2.49% in Dominican Republic in 2021, according to the National Central Bank.

Historically, interest rate on bank deposits in Dominican Republic reached an all time high of 21.1% in 2004 and an all time low of 2.49% in 2021.

Dominican Republic has been ranked 49th within the group of 96 countries we follow in terms of interest rate on bank deposits, 11 places below the position seen 10 years ago.

Interest Rate on Bank Deposits (Local Currency) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belize % 2.60% 2.30% 2.12% 2.00% 1.95%
Canada % 0.075% 0.100% 0.100% ... ... ... ...
Cayman Islands % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
China % 1.50% 1.50% 1.50% 1.50% 1.50%
Cuba % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Dominican Republic % 6.43% 6.69% 6.00% 6.01% 6.12%
Guatemala % 5.47% 5.48% 5.37% 5.17% 5.01%
Haiti % 4.29% 5.64% 5.41% 6.13% 7.89%
Honduras % 9.70% 8.64% 8.25% 8.30% 8.42%
Jamaica % 3.89% 3.56% 3.71% 3.02% 2.55%
Japan % 0.406% 0.300% 0.321% ... ... ... ...
Mexico % 0.589% 1.29% 2.70% 3.27% 3.53%
USA % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...