The benchmark interest rate in Ethiopia was last recorded at 7 percent.

Interest Rate in Ethiopia averaged 5.21 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.

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 2020, according to our econometric models.


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Ethiopia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 11.00 3.00 1995 - 2019 percent Daily

Ethiopia Interest Rate
In Ethiopia, interest rates decisions are taken by Monetary Committee of the National Bank of Ethiopia. The official rate is the bank’s savings rate.

Ethiopia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 11.00 3.00 percent [+]