The benchmark interest rate in Venezuela was last recorded at 22.40 percent. Interest Rate in Venezuela averaged 23.68 percent from 1998 until 2019, reaching an all time high of 83.73 percent in February of 2002 and a record low of 12.79 percent in April of 2006.
Interest Rate in Venezuela is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Venezuela to stand at 24.00 in 12 months time. In the long-term, the Venezuela Interest Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.