The central bank of Guatemala raised its key overnight policy rate by 25 basis points to 3% in its September 2022 meeting, the fourth rate hike this year and bringing borrowing costs to their highest level since 2017. source: Banco de Guatemala
Interest Rate in Guatemala averaged 3.96 percent from 2005 until 2022, reaching an all time high of 7.25 percent in July of 2008 and a record low of 1.75 percent in June of 2020. This page provides the latest reported value for - Guatemala Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Guatemala Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.
Interest Rate in Guatemala is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Interest Rate is projected to trend around 3.75 percent in 2023 and 1.75 percent in 2024, according to our econometric models.