Venezuela Commercial Bank Loan Rate

Interbank Rate in Venezuela decreased to 28.82 percent in June from 30.62 percent in May of 2019. Interbank Rate in Venezuela averaged 25.53 percent from 1982 until 2019, reaching an all time high of 72.23 percent in September of 1998 and a record low of 12.48 percent in September of 1987.

Interbank Rate in Venezuela is expected to be 18.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Venezuela to stand at 24.09 in 12 months time. In the long-term, the Venezuela Commercial Bank Loan Rate is projected to trend around 13.21 percent in 2020, according to our econometric models.

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Venezuela Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	28.82	30.62	83.73	12.79	percent	[+]
Interbank Rate	28.82	30.62	72.23	12.48	percent	[+]
Money Supply M0	5364358.22	4140112.56	5364358.22	0.00	VEF Million	[+]
Money Supply M1	6319588.47	5212673.43	6319588.47	0.00	VEF Million	[+]
Money Supply M2	6355866.06	5242360.67	6355866.06	0.00	VEF Million	[+]
Money Supply M3	6355866.06	5242360.67	6355866.06	0.00	VEF Million	[+]
Foreign Exchange Reserves	7948.00	8538.00	42299.00	514.50	USD Million	[+]
Banks Balance Sheet	45364633769.00	13441071769.00	81371671700.00	12727237.00	VEF Thousand	[+]
Deposit Interest Rate	24.00	24.00	65.93	6.71	percent	[+]
Central Bank Balance Sheet	27157994937.03	4463843540.16	88898814098.10	93091826.68	VEF Thousand	[+]

In Venezuela, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Venezuela Commercial Bank Loan Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Commercial Bank Loan Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	28.82	30.62	72.23	12.48	1982 - 2019	percent	Monthly

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Country	Last		Previous	Range
Argentina	66.53	Jun/19	70.3	1390 : 1.2	%
Turkey	21.88	Jul/19	22.29	28.52 : 4.74	%
Mexico	8.51	Jun/19	8.51	89.48 : 3.29	%
Russia	8.32	May/19	8.4	45.3 : 4.2	%
South Africa	7.00	Jul/19	7	16.96 : 5.06	%
Indonesia	6.65	Jul/19	6.66	57.79 : 4.19	%
India	5.86	Jul/19	5.98	12.97 : 3.1	%
Brazil	5.49	Jul/19	5.46	16.05 : 0.89	%
Saudi Arabia	2.85	May/19	2.86	5.24 : 0.6	%
China	2.79	Jul/19	3.32	9.89 : 0	%
United States	2.30	Jul/19	2.3	10.63 : 0.22	%
Singapore	2.00	Jul/19	2	9.84 : 0.34	%
Canada	1.98	Jul/19	1.98	8.95 : 0.43	%
South Korea	1.67	Jul/19	1.67	6.14 : 1.27	%
Australia	1.25	Jun/19	1.4	18.18 : 1.25	%
United Kingdom	0.77	Jul/19	0.77	15.63 : 0.28	%
Japan	-0.08	Jul/19	-0.08	8.5 : -0.12	%
France	-0.33	Jun/19	-0.31	5.13 : -0.33	%
Germany	-0.33	Jun/19	-0.31	14.57 : -0.33	%
Italy	-0.33	Jun/19	-0.31	20.51 : -0.33	%
Netherlands	-0.36	May/19	-0.33	14.19 : -0.36	%
Spain	-0.38	Jul/19	-0.38	15.75 : -0.4	%
Euro Area	-0.40	Jul/19	-0.4	5.39 : -0.4	%
Switzerland	-0.75	Jul/19	-0.75	10 : -0.96	%