The benchmark interest rate in Algeria was last recorded at 3 percent. source: Bank of Algeria

Interest Rate in Algeria averaged 5.09 percent from 1963 until 2022, reaching an all time high of 15 percent in April of 1994 and a record low of 2.75 percent in January of 1972. This page provides - Algeria Discount Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Discount Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Algeria is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Discount Rate is projected to trend around 3.50 percent in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Algeria Discount Rate

Related Last Previous Unit Reference
Interest Rate 3.00 3.00 percent May 2022
Foreign Exchange Reserves 43464.00 44300.00 USD Million Jun 2021

Algeria Discount Rate
The Discount Rate is the rate charged by the Bank of Algeria on loans to banks and finance companies through a call for tender system.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 15.00 2.75 1963 - 2022 percent Daily