The benchmark interest rate in Ecuador was last recorded at 9.02 percent.

Interest Rate in Ecuador averaged 18.99 percent from 1970 until 2020, 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. 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 - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Ecuador is expected to be 8.00 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 8.00 in 12 months time. In the long-term, the Ecuador Interest Rate is projected to trend around 8.00 percent in 2021 and 7.00 percent in 2022, according to our econometric models.

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Ecuador Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.02 9.02 72.60 6.67 1970 - 2020 percent Daily

Ecuador Money Last Previous Highest Lowest Unit
Interest Rate 9.02 9.02 72.60 6.67 percent [+]
Interbank Rate 2.10 2.10 14.67 0.11 percent [+]
Money Supply M1 27274.79 27141.04 27401.06 5916.73 USD Million [+]
Money Supply M2 60086.98 59498.98 60086.98 11792.36 USD Million [+]
Foreign Exchange Reserves 3442.98 3257.81 6689.23 778.90 USD Million [+]
Loans to Private Sector 17039.30 16924.70 17156.30 5187.12 USD Million [+]
Deposit Interest Rate 4.40 3.60 46.81 0.00 percent [+]


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).