Interest Rate on Bank Deposits fell to 8.25% in Honduras in 2017

Interest Rate on Bank Deposits (%)
Banking | Honduras | May 17, 2019
$2.99
Excel Sheet

Interest rate on bank deposits reached 8.25 % in 2017 in Honduras, according to the National Central Bank. This is 4.51 % less than in the previous year.

Historically, interest rate on bank deposits in Honduras reached an all time high of 21.3 % in 1997 and an all time low of 7.78 % in 2007. When compared to Honduras's main peers, interest rate on bank deposits in Belize amounted to 2.12 %, 5.37 % in Guatemala and 2.70 % in Mexico in 2017.

Honduras has been ranked 20th within the group of 114 countries we follow in terms of interest rate on bank deposits, 29 places above the position seen 10 years ago.

The deposit interest rate is the rate paid by commercial or similar banks for deposits.

Interest Rate on Bank Deposits (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belize % 6.44% 4.41% 3.59% 2.90% 2.60%
Canada % 0.475% 0.483% 0.550% 0.550% 0.075%
China % 3.50% 3.00% 3.00% 2.75% 1.50%
El Salvador % ... ... ... ... ... ... ... ... ...
Guatemala % 5.24% 5.29% 5.45% 5.48% 5.47%
Honduras % 8.18% 8.93% 11.6% 10.8% 9.70%
Japan % 0.462% 0.478% 0.542% 0.415% 0.406%
Mexico % 0.956% 1.08% 1.33% 0.840% 0.589%
Nicaragua % 1.85% 0.996% 1.01% 1.05% 1.05%
USA % ... ... ... ... ... ... ... ... ...