The benchmark interest rate in Bahamas was last recorded at 4 percent.

Interest Rate in Bahamas averaged 4.63 percent from 2006 until 2020, reaching an all time high of 5.25 percent in November of 2006 and a record low of 4 percent in December of 2016. This page provides - Bahamas Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Interest Rate - values, historical data and charts - was last updated on July of 2020.

Interest Rate in Bahamas is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Bahamas to stand at 3.50 in 12 months time. In the long-term, the Bahamas Interest Rate is projected to trend around 3.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Bahamas Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 5.25 4.00 2006 - 2020 percent Daily

Bahamas Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 5.25 4.00 percent [+]
Money Supply M0 336.80 335.20 336.80 13.00 BSD Million [+]
Deposit Interest Rate 0.59 0.85 7.56 0.59 percent [+]
Money Supply M1 3248.00 3119.00 3248.00 443.00 BSD Million [+]
Money Supply M2 7542.30 7438.60 7542.30 2103.00 BSD Million [+]
Money Supply M3 8196.00 8210.10 8236.30 2136.00 BSD Million [+]
Foreign Exchange Reserves 2033.90 1994.90 2033.90 18.93 BSD Million [+]

Bahamas Interest Rate
In The Bahamas, the interest rates decisions are taken by the Central Bank of The Bahamas. The official interest rate is the Discount Rate.