Time Deposits
Time Deposits are funds held in depository institutions that are fixed for a specific period of time and typically pay higher interest rates than demand or savings deposits. They are reported as end-of-month stocks and include accounts denominated in both local and foreign currency. As a component of broad money, this series helps track banking-sector liability structures and savings behavior. This indicator is part of Latin Macro Watch, the macroeconomic database maintained by the Inter-American Development Bank (IDB) for Latin America and the Caribbean.
Coverage
The Time Deposits series spans 13 countries across Latin America and the Caribbean, available at annual, monthly and quarterly frequency over the 1990–2026 period. Values are reported in many units, including millions of domestic currency, millions of USD, % of GDP, % of M2, % of total deposits, constant prices (CPI-deflated) and seasonally adjusted, each available as end-of-period and period-average variants. Transformations include 3-, 6- and 12-month moving averages (MA3, MA6, MA12) and month-over-month, quarter-over-quarter and year-over-year percentage changes (MoM %, QoQ %, YoY %).
Sources
The data are compiled from national central banks and supervisory authorities, including Banco Central do Brasil, Banco Central de la República Argentina, Banco Central de Reserva del Perú, Banco Central de Uruguay, the Superintendencia de Bancos de Panama and the Central Bank of Barbados, among other official agencies across the region.
Metadata & use
| Format | CSV |
|---|---|
| Language | en |
| Country |
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
|
| Data notes |
What does Time Deposits measure?It measures funds held in depository institutions that are fixed for a specific period and typically pay higher interest than demand or savings deposits. Values are end-of-month stocks and include local- and foreign-currency accounts. How many countries and which frequencies and period are covered?The series covers 13 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning the 1990–2026 period. What units and transformations are available?Values are available in millions of domestic currency, millions of USD, % of GDP, % of M2, % of total deposits, constant prices (CPI-deflated) and seasonally adjusted, each as end-of-period and period-average variants. Transformations include MA3, MA6 and MA12 moving averages and MoM %, QoQ % and YoY % changes. Where does the data come from?The data are compiled from national central banks and supervisory authorities, including Banco Central do Brasil, Banco Central de la República Argentina, Banco Central de Reserva del Perú, the Superintendencia de Bancos de Panama and the Central Bank of Barbados, among other official agencies. What are typical uses of this indicator?Analysts and researchers use Time Deposits to study monetary aggregates and bank funding, monitor savings behavior and financial deepening, and compare deposit structures across Latin America and the Caribbean. How do I cite this indicator?Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Time Deposits". data.iadb.org/dataset/latin-macro-watch-dataset. |