Uganda Interest Rate  2011-2017 | Data | Chart | Calendar | Forecast

The Bank of Uganda lowered its benchmark interest rate by 50 basis points to 9.5 percent on its September meeting. It is the lowest borrowing cost since Uganda adopted an inflation-target in 2011. The decision aims to boost private sector credit and economic growth. Policymakers said core inflation is seen at the target of 5 percent in the medium run although a poor food harvest can push prices up. In September, the inflation edged up to 5.3 percent from 5.2 percent. Interest Rate in Uganda averaged 13.90 percent from 2011 until 2017, reaching an all time high of 23 percent in November of 2011 and a record low of 9.50 percent in October of 2017.

Uganda Interest Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-06-19 12:00 PM Interest Rate Decision 10% 11% 11%
2017-08-11 09:40 AM Interest Rate Decision 10% 10%
2017-10-03 09:40 AM Interest Rate Decision 9.5% 10%
2017-12-18 01:00 PM Interest Rate Decision 9.5% 9.5%
2018-02-14 01:00 PM Interest Rate Decision
2018-04-16 09:30 AM Interest Rate Decision


Uganda Money Last Previous Highest Lowest Unit
Interest Rate 9.50 9.50 23.00 9.50 percent [+]
Money Supply M2 14401.60 14139.40 14401.60 138.70 UGX Billion [+]
Money Supply M3 20447.10 20101.20 20447.10 138.70 UGX Billion [+]
Foreign Exchange Reserves 3396.30 3556.29 3556.29 5.10 USD Million [+]
Loans to Private Sector 12225.18 12136.57 12225.18 244.22 SHS Billion [+]
Deposit Interest Rate 13.20 12.76 35.83 5.56 percent [+]


Uganda Interest Rate

In Uganda, interest rates decisions are taken by the Bank of Uganda. The Bank of Uganda official interest rate is the central bank rate. This page provides the latest reported value for - Uganda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.50 23.00 9.50 2011 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Dec/17
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Dec/17
Australia 1.50 Dec/17
South Korea 1.50 Nov/17
United States 1.50 Dec/17
Canada 1.00 Dec/17
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Oct/17
Switzerland -0.75 Dec/17