The benchmark interest rate in Ethiopia was last recorded at 15 percent. Interest Rate in Ethiopia averaged 5.98 percent from 1995 until 2026, reaching an all time high of 15.00 percent in August of 2024 and a record low of 3.00 percent in April of 2002. source: National Bank of Ethiopia

Interest Rate in Ethiopia is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Interest Rate is projected to trend around 10.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Interest Rate 15.00 15.00 percent Jan 2026


Ethiopia Interest Rate
In Ethiopia, interest rates decisions are taken by Monetary Committee of the National Bank of Ethiopia (NBE). In July 2024, the NBE moved to an interest-rate based monetary policy regime and adopted the National Bank Rate or NBR. The NBR rate is close to the rate at which banks lend to each other and is somewhat below commercial bank lending rates. Until July 2024, the official rate was the bank’s savings rate.
Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 3.00 1995 - 2026 percent Daily