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 | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |