Deposit interest rate | Uruguay
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Overview
The Deposit interest average annual rate of Uruguay in 2024 was 7.30%. The 2023 rate was 8.10%. This is the first year of decline after a period of growth. The lowest deposit interest rate in Uruguay was recorded in 2006, with a value of 1.83%. The highest rate was in 1990, when it achieved 157.37%. 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).
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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.


