The benchmark interest rate in Zambia was last recorded at 9.75 percent. Interest Rate in Zambia averaged 10.30 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.

Zambia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-16 09:00 AM Interest Rate Decision 9.75% 9.75% 9.75%
2018-08-22 08:35 AM Interest Rate Decision 9.75% 9.75% 9.75%
2018-11-21 09:00 AM Interest Rate Decision 9.75% 9.75% 9.75%
2019-02-20 09:15 AM Interest Rate Decision 9.75% 9.75% 9.75%
2019-05-21 09:00 AM Interest Rate Decision 9.75% 9.75%
2019-08-20 09:00 AM Interest Rate Decision 10.50%
2019-11-19 09:00 AM Interest Rate Decision 10.50%


Zambia Money Last Previous Highest Lowest Unit
Interest Rate 9.75 9.75 15.50 9.00 percent [+]
Deposit Interest Rate 7.63 7.58 111.00 5.85 percent [+]
Money Supply M3 62997065.12 60827760.05 62997065.12 3661075.00 ZMK Million [+]


Zambia Interest Rate

In Zambia, interest rates decisions are taken by the Monetary Committee of the Bank of Zambia. The official rate is the policy rate. This page provides - Zambia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.75 9.75 15.50 9.00 2012 - 2019 percent Daily




Country Last Previous
Argentina 63.74 Mar/19
Turkey 24.00 Mar/19
Mexico 8.25 Feb/19
Russia 7.75 Feb/19
South Africa 6.75 Feb/19
Brazil 6.50 Feb/19
India 6.25 Feb/19
Indonesia 6.00 Feb/19
China 4.35 Feb/19
Saudi Arabia 3.00 Feb/19
United States 2.50 Feb/19
Canada 1.75 Mar/19
South Korea 1.75 Feb/19
Singapore 1.66 Feb/19
Australia 1.50 Mar/19
United Kingdom 0.75 Feb/19
Euro Area 0.00 Mar/19
France 0.00 Mar/19
Germany 0.00 Mar/19
Italy 0.00 Mar/19
Netherlands 0.00 Mar/19
Spain 0.00 Mar/19
Japan -0.10 Mar/19
Switzerland -0.75 Feb/19


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