Zambia Interest Rate

The benchmark interest rate in Zambia was last recorded at 10.25 percent. Interest Rate in Zambia averaged 10.25 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 10.25 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 10.75 in 12 months time. In the long-term, the Zambia Interest Rate is projected to trend around 10.25 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
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%
2019-05-22	09:40 AM	Interest Rate Decision	10.25%	9.75%	9.75%
2019-08-21	10:05 AM	Interest Rate Decision	10.25%	10.25%	10.25%
2019-11-20	09:00 AM	Interest Rate Decision		10.25%	10.75%

Zambia Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	10.25	10.25	15.50	9.00	percent	[+]
Deposit Interest Rate	8.19	8.20	111.00	5.85	percent	[+]
Money Supply M3	63668561.19	63736175.00	64801114.95	3661075.00	ZMK Million	[+]
Foreign Exchange Reserves	1415.85	1342.99	3936.93	1342.99	USD Million	[+]

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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	10.25	10.25	15.50	9.00	2012 - 2019	percent	Daily

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Country	Last		Previous	Range
Argentina	82.79	Sep/19	83.21	1390 : 1.2	%
Turkey	16.50	Sep/19	19.75	500 : 4.5	%
Mexico	8.00	Aug/19	8.25	9.25 : 3	%
Russia	7.00	Sep/19	7.25	17 : 5	%
South Africa	6.50	Sep/19	6.5	23.99 : 5	%
Brazil	5.50	Sep/19	6	45 : 5.5	%
India	5.40	Aug/19	5.75	14.5 : 4.25	%
Indonesia	5.25	Sep/19	5.5	12.75 : 4.25	%
China	4.20	Sep/19	4.25	5.77 : 4.2	%
Saudi Arabia	2.50	Sep/19	2.75	7 : 1.5	%
United States	2.00	Sep/19	2.25	20 : 0.25	%
Canada	1.75	Sep/19	1.75	16 : 0.25	%
Singapore	1.74	Aug/19	1.94	20 : -0.75	%
South Korea	1.50	Aug/19	1.5	5.25 : 1.25	%
Australia	1.00	Sep/19	1	17.5 : 1	%
United Kingdom	0.75	Sep/19	0.75	17 : 0.25	%
Euro Area	0.00	Sep/19	0	4.75 : 0	%
France	0.00	Sep/19	0	4.75 : 0	%
Germany	0.00	Sep/19	0	4.75 : 0	%
Italy	0.00	Sep/19	0	4.75 : 0	%
Netherlands	0.00	Sep/19	0	4.75 : 0	%
Spain	0.00	Sep/19	0	4.75 : 0	%
Japan	-0.10	Sep/19	-0.1	9 : -0.1	%
Switzerland	-0.75	Sep/19	-0.75	3.5 : -0.75	%