The National Bank of Angola kept its key interest rate unchanged at 17.5% on March 12, 2026, marking the first pause following three consecutive reductions. The decision comes amid easing inflation and efforts to sustain economic activity. Annual inflation has been steadily declining since a 31.1% peak in July 2024. Headline inflation fell to 13.35% in February, the lowest since July 2023, from 14.56% in January, supported by a stable kwanza. Angola's economy grew by 5.7% in Q4 2025, the strongest expansion since Q2 2023, quickening from a 2.6% advance in the previous period. source: National Bank of Angola

The benchmark interest rate in Angola was last recorded at 17.50 percent. Interest Rate in Angola averaged 34.02 percent from 2002 until 2026, reaching an all time high of 150.00 percent in February of 2002 and a record low of 8.75 percent in July of 2014. This page provides the latest reported value for - Angola Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The benchmark interest rate in Angola was last recorded at 17.50 percent. Interest Rate in Angola is expected to be 17.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Interest Rate is projected to trend around 15.50 percent in 2027 and 14.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-18 03:00 PM Interest Rate Decision 18.5% 19% 18.5%
2026-01-14 02:20 PM Interest Rate Decision 17.5% 18.5% 18%
2026-03-12 02:00 PM Interest Rate Decision 17.5% 17.5% 17%
2026-05-14 03:00 PM Interest Rate Decision 17.5% 17.5%
2026-07-14 03:00 PM Interest Rate Decision
2026-09-15 03:00 PM Interest Rate Decision


Related Last Previous Unit Reference
Cash Reserve Ratio 22.00 22.00 percent Jan 2026
Central Bank Balance Sheet 20175.64 19699.18 AOA Billion Jan 2026
Foreign Exchange Reserves 15800.00 15900.00 USD Million Jan 2026
Interbank Rate 18.39 18.39 percent Jan 2026
Interest Rate 17.50 17.50 percent Mar 2026
Lending Rate 18.50 18.50 percent Feb 2026
Money Supply M1 9988825.00 9928325.00 AOA Million Jan 2026
Money Supply M2 17679160.00 17819928.00 AOA Million Jan 2026
M3 Money Supply YoY 17679160.00 17819928.00 AOA Million Jan 2026


Angola Interest Rate
In Angola, interest rate decisions are taken by The National Bank of Angola (Banco Nacional de Angola). On May 24th 2018, the central bank unified the marginal lending facility rate and the basic interest rate, creating the BNA Rate (Taxa BNA) which became the new benchmark interest rate. Until then, the key rate was the Taxa Básica de Juro (Taxa BNA) and until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto).
Actual Previous Highest Lowest Dates Unit Frequency
17.50 17.50 150.00 8.75 2002 - 2026 percent Daily

News Stream
Angola Leaves Key Policy Rate at 17.5%
The National Bank of Angola kept its key interest rate unchanged at 17.5% on March 12, 2026, marking the first pause following three consecutive reductions. The decision comes amid easing inflation and efforts to sustain economic activity. Annual inflation has been steadily declining since a 31.1% peak in July 2024. Headline inflation fell to 13.35% in February, the lowest since July 2023, from 14.56% in January, supported by a stable kwanza. Angola's economy grew by 5.7% in Q4 2025, the strongest expansion since Q2 2023, quickening from a 2.6% advance in the previous period.
2026-03-12
Angola Lowers Interest by 100bps
The National Bank of Angola cut its key interest rate by 100bps to 17.5% in its first meeting of 2026, marking its third rate cut since coming off the terminal level of rate hikes at 19.5% through the start of September. It was the largest rate cut since 2023, justified by evidence of disinflation that allows the Angolan monetary authority to prioritize attending economic growth. The latest data showed that the inflation rate eased to 15.7% in December, the lowest in over two years. Room for more accommodative policy was also owed to less imbalanced flows of the kwanza, preventing the central bank from devaluing the currency.
2026-01-14
Angola Slashes Key Policy Rate to 18.5%
The National Bank of Angola cut its key interest rate by 50 bps to 18.5% at its November 2025 meeting, marking the second consecutive reduction this year. The decision reflects improving macroeconomic conditions, particularly slowing inflation, and monetary indicators pointing to reduced short-term inflationary pressures. Angola’s annual inflation rate continued to fall to reach 17.43% in October 2025, the lowest since October 2023, extending the downward trend that began in August 2024. Policymakers noted that inflation is expected to keep decelerating through year-end, supported by adequate liquidity, greater availability of essential goods, and relative exchange-rate stability. For 2025, inflation is projected at 17.0%, with a margin of ±0.5 percentage points, while preliminary forecasts for 2026 point to a further decline to 13.5%. The lending facility rate was lowered to 19.5% from 20%, and the absorption facility rate to 16.5% from 17%.
2025-11-18