The benchmark interest rate in Kenya was last recorded at 8.50 percent. Interest Rate in Kenya averaged 13.67 percent from 1991 until 2019, reaching an all time high of 84.67 percent in July of 1993 and a record low of 0.83 percent in September of 2003. source: Central Bank of Kenya
Interest Rate in Kenya 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 Kenya to stand at 8.00 in 12 months time. In the long-term, the Kenya Interest Rate is projected to trend around 7.50 percent in 2020, according to our econometric models.