Zimbabwe's central bank left its main interest rate unchanged at 35% on February 27, 2026, maintaining the level in place since September 2024. The country's inflation rate has slowed markedly in recent months, reaching 3.8% in February, helped by the relative stability of the ZIG currency. Governor John Mushayavanhu emphasized that the central bank needs to ensure inflation is firmly anchored before considering any changes to the policy rate. source: Reserve Bank of Zimbabwe

The benchmark interest rate in Zimbabwe was last recorded at 35 percent. Interest Rate in Zimbabwe averaged 69.48 percent from 2019 until 2026, reaching an all time high of 200.00 percent in June of 2022 and a record low of 15.00 percent in March of 2019. This page provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The benchmark interest rate in Zimbabwe was last recorded at 35 percent. Interest Rate in Zimbabwe is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Interest Rate is projected to trend around 17.00 percent in 2027 and 15.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 179741.50 178568.90 ZWG Million Dec 2025
Deposit Interest Rate 10.79 10.79 percent Dec 2025
Interest Rate 35.00 35.00 percent Feb 2026
Lending Rate 46.86 46.75 percent Dec 2025
Money Supply M1 91915.60 89969.67 ZWG Million Dec 2025
Money Supply M2 107684.91 104029.60 ZWG Million Dec 2025
Money Supply M3 108088.71 105562.65 ZWG Million Dec 2025


Zimbabwe Interest Rate
The Reserve Bank of Zimbabwe is responsible for the formulation and implementation of monetary policy, directed at ensuring low and stable inflation levels. A further core function of the Bank is to maintain a stable banking system through its supervisory and lender of last resort functions. Its official rate is the interest rate on the Reserve Bank overnight window. Zimbabwe has appointed a monetary policy committee (MPC) at its central bank on September 10th, 2019.
Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 200.00 15.00 2019 - 2026 percent Daily