The benchmark interest rate in Cape Verde was last recorded at 5.50 percent. Interest Rate in Cape Verde averaged 8.20 percent from 1998 until 2018, reaching an all time high of 10.50 percent in February of 1998 and a record low of 5.50 percent in June of 2017.
Interest Rate in Cape Verde is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Cape Verde to stand at 6.00 in 12 months time. In the long-term, the Cape Verde Interest Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.