The benchmark interest rate in Sudan was last recorded at 16.30 percent. source: Central Bank of Sudan

Interest Rate in Sudan averaged 12.68 percent from 2003 until 2021, reaching an all time high of 20.30 percent in February of 2021 and a record low of 7 percent in September of 2016. This page provides - Sudan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sudan Interest Rate - values, historical data and charts - was last updated on October of 2021.

Interest Rate in Sudan is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sudan Interest Rate is projected to trend around 18.00 percent in 2022 and 16.00 percent in 2023, according to our econometric models.

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Sudan Interest Rate

Sudan Last Unit Reference Previous Highest Lowest
Interest Rate 19.60 percent May/21 18.80 20.30 7.00
Money Supply M1 1394642.00 SDG Million May/21 1337988.00 1394642.00 2634.00
Money Supply M2 2715774.00 SDG Million May/21 2540814.00 2715774.00 4269.00

Sudan Interest Rate
In Sudan, there is no official central bank interest rate in order to ensure compatibility of financial practices with Islamic principles. Yet, the Murabaha Profits Margin Rate controlled by the Central Bank of Sudan is widely used by the Sudanese banks.