Ecuador Interest Rate

The benchmark interest rate in Ecuador was last recorded at 8.74 percent. Interest Rate in Ecuador averaged 19.21 percent from 1970 until 2019, reaching an all time high of 72.60 percent in January of 2000 and a record low of 6.67 percent in May of 2018.

Interest Rate in Ecuador is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ecuador to stand at 8.30 in 12 months time. In the long-term, the Ecuador Interest Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

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Ecuador Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	8.74	8.26	72.60	6.67	percent	[+]
Money Supply M1	24921.23	24720.91	25240.49	5916.73	USD Million	[+]
Interbank Rate	2.10	2.10	14.67	0.11	percent	[+]
Money Supply M2	54675.03	54239.15	54675.03	11792.36	USD Million	[+]
Foreign Exchange Reserves	3808.39	0.69	6689.23	0.69	USD Million	[+]
Loans to Private Sector	16571.00	16520.00	16571.00	5187.12	USD Million	[+]
Deposit Interest Rate	3.60	3.50	46.81	0.00	percent	[+]

In Ecuador, interest rate decisions are taken by the Central Bank of Ecuador´s Governing Council. The official interest rate is the Benchmark Lending Rate (Tasa Activa Referencial). This page provides the latest reported value for - Ecuador Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ecuador Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8.74	8.26	72.60	6.67	1970 - 2019	percent	Daily

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Country	Last		Previous	Range
Argentina	82.79	Sep/19	83.21	1390 : 1.2	%
Turkey	16.50	Sep/19	19.75	500 : 4.5	%
Mexico	8.00	Aug/19	8.25	9.25 : 3	%
Russia	7.00	Sep/19	7.25	17 : 5	%
South Africa	6.50	Sep/19	6.5	23.99 : 5	%
Brazil	5.50	Sep/19	6	45 : 5.5	%
India	5.40	Aug/19	5.75	14.5 : 4.25	%
Indonesia	5.25	Sep/19	5.5	12.75 : 4.25	%
China	4.20	Sep/19	4.25	5.77 : 4.2	%
Saudi Arabia	2.50	Sep/19	2.75	7 : 1.5	%
United States	2.00	Sep/19	2.25	20 : 0.25	%
Canada	1.75	Sep/19	1.75	16 : 0.25	%
Singapore	1.74	Aug/19	1.94	20 : -0.75	%
South Korea	1.50	Aug/19	1.5	5.25 : 1.25	%
Australia	1.00	Sep/19	1	17.5 : 1	%
United Kingdom	0.75	Sep/19	0.75	17 : 0.25	%
Euro Area	0.00	Sep/19	0	4.75 : 0	%
France	0.00	Sep/19	0	4.75 : 0	%
Germany	0.00	Sep/19	0	4.75 : 0	%
Italy	0.00	Sep/19	0	4.75 : 0	%
Netherlands	0.00	Sep/19	0	4.75 : 0	%
Spain	0.00	Sep/19	0	4.75 : 0	%
Japan	-0.10	Sep/19	-0.1	9 : -0.1	%
Switzerland	-0.75	Sep/19	-0.75	3.5 : -0.75	%