The benchmark interest rate in Cape Verde was last recorded at 1 percent. source: Banco de Cabo Verde

Interest Rate in Cape Verde averaged 3.08 percent from 2008 until 2023, reaching an all time high of 5.75 percent in January of 2012 and a record low of 0.25 percent in April of 2020. This page provides the latest reported value for - Cape Verde Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Interest Rate - values, historical data and charts - was last updated on June of 2023.

Interest Rate in Cape Verde is expected to be 0.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Interest Rate is projected to trend around 0.25 percent in 2024, according to our econometric models.

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Cape Verde Interest Rate

Related Last Previous Unit Reference
Interest Rate 1.00 0.25 percent May 2023
Money Supply M0 114254.70 113049.90 CVE Million Dec 2022
Money Supply M2 221796.10 216434.20 CVE Million Dec 2022
Foreign Exchange Reserves 68994.50 62580.80 CVE Million Dec 2022
Loans to Private Sector 50795.30 50727.80 CVE Million Dec 2015
Banks Balance Sheet 274570.85 275534.21 CVE Million Mar 2023
Money Supply M1 107541.40 103384.20 CVE Million Dec 2022

Cape Verde Interest Rate
In Cape Verde, interest rates decisions are taken by the Monetary Committee of the Bank of Cape Verde. The official rate is the Reference Rate.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.25 5.75 0.25 2008 - 2023 percent Daily