The benchmark interest rate in Ethiopia was last recorded at 7 percent.
Interest Rate in Ethiopia averaged 5.25 percent from 1995 until 2019, reaching an all time high of 11 percent in December of 1995 and a record low of 3 percent in April of 2002. This page provides - Ethiopia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Interest Rate - values, historical data and charts - was last updated on August of 2020.
Interest Rate in Ethiopia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ethiopia to stand at 7.00 in 12 months time. In the long-term, the Ethiopia Interest Rate is projected to trend around 7.00 percent in 2021, according to our econometric models.