The benchmark interest rate in Zambia was last recorded at 9.75 percent. Interest Rate in Zambia averaged 10.35 percent from 2012 until 2019, reaching an all time high of 15.50 percent in November of 2015 and a record low of 9 percent in May of 2012.
Interest Rate in Zambia is expected to be 9.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Zambia to stand at 10.50 in 12 months time. In the long-term, the Zambia Interest Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.