Deposit interest rate in Venezuela
Venezuela: Deposit interest rate was 14.7% in 2017. ◆ Volatile
Deposit interest rate in Venezuela, 1984–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2017, deposit interest rate in Venezuela stood at 14.7%.
The figure is down 2.3% on the previous year and up 37.6% over ten years.
Over the whole period, deposit interest rate in Venezuela peaked at 53.7% in 1993 and was at its lowest, 8.9%, in 1986.
Venezuela ranks 7th of 152 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.1% | 8.9% | 28.9% | 6 |
| 1990s | 31.0% | 14.7% | 53.7% | 10 |
| 2000s | 15.6% | 10.3% | 29.0% | 10 |
| 2010s | 14.7% | 14.5% | 15.1% | 8 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Domestic credit to private sector 27.5% (2013)
- Net domestic credit 13.91 current LCU (2013)
- Total reserves in months of imports 3.65 (2016)
- Net foreign assets 1.51 current LCU (2013)
- Domestic credit to private sector by banks 23.9% (2015)
- Monetary Sector credit to private sector 27.5% (2013)
- Claims on central government, etc. 7.3% (2013)
- Broad money 48.6% (2013)
- Official exchange rate 9.97 LCU per US$, period average (2017)
- Net migration -100,467 (2025)
Frequently asked questions
- What is deposit interest rate in Venezuela?
- Deposit interest rate in Venezuela was 14.7% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Venezuela?
- The highest recorded value was 53.7% in 1993.
- What is the lowest deposit interest rate recorded in Venezuela?
- The lowest recorded value was 8.9% in 1986.
- How does Venezuela rank for deposit interest rate?
- Venezuela ranks 7th out of 152 countries with data for 2017.
- Is deposit interest rate rising or falling in Venezuela?
- Over the last ten years it is up 37.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.