The benchmark interest rate in Ecuador was last recorded at 8.79 percent. Interest Rate in Ecuador averaged 19.18 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 8.40 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 8.20 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 Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.79 8.65 72.60 6.67 1970 - 2019 percent Daily

Ecuador Interest Rate
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).

Ecuador Money Last Previous Highest Lowest Unit
Interest Rate 8.79 8.65 72.60 6.67 percent [+]
Money Supply M1 25364.65 25209.96 25364.65 5916.73 USD Million [+]
Interbank Rate 1.25 1.25 14.67 0.11 percent [+]
Money Supply M2 56079.17 55770.69 56079.17 11792.36 USD Million [+]
Foreign Exchange Reserves 3397.11 3178.71 6689.23 778.90 USD Million [+]
Loans to Private Sector 17039.90 16942.90 17039.90 5187.12 USD Million [+]
Deposit Interest Rate 3.60 3.50 46.81 0.00 percent [+]