Deposit interest rate | Guinea – yearly data, chart and table
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Overview
The Deposit interest average annual rate of Guinea in 2021 was 3.33%. The 2020 rate was 3.33%. This is the first year of decline after a period of growth. The lowest deposit interest rate in Guinea was recorded in 2018, with a value of 3.11%. The highest rate was in 1992, when it achieved 23.00%. The deposit interest rate is the rate paid by banks or other financial institutions to individuals or businesses for keeping money in a deposit account (such as a savings account, fixed-term deposit, or certificate of deposit).
Additional infomation:
About indicator
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.


