The benchmark interest rate in Nicaragua was last recorded at 8.66 percent. source: Banco Central de Nicaragua

Interest Rate in Nicaragua averaged 12.19 percent from 2009 until 2022, reaching an all time high of 17.45 percent in October of 2013 and a record low of 8.33 percent in August of 2016. This page provides - Nicaragua Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Weighted Average Interest Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Nicaragua is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Weighted Average Interest Rate is projected to trend around 10.00 percent in 2023 and 10.50 percent in 2024, according to our econometric models.

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Nicaragua Weighted Average Interest Rate

Related Last Previous Unit Reference
Money Supply M1 80700.48 81719.00 NIO Million Jan 2022
Money Supply M2 174312.59 175104.47 NIO Million Jan 2022
Money Supply M3 175197.97 175714.04 NIO Million Jan 2022
Foreign Exchange Reserves 3931.50 3930.50 USD Million Jun 2022
Interest Rate 8.66 9.21 percent Mar 2022

Nicaragua Weighted Average Interest Rate
Banco Central de Nicaragua doesn’t use interest rates as a policy tool. Nicaragua’s monetary policy has been based on an exchange rate mechanism.
Actual Previous Highest Lowest Dates Unit Frequency
8.66 9.21 17.45 8.33 2009 - 2022 percent Monthly