The National Bank of Angola kept its benchmark policy rate at 20% during its regular meeting on May 31st, 2022. Monetary policymakers noted that the current course of monetary policy remains adequate to achieve the inflation objective despite headwinds from inflation and potential impacts on the national economy. Angola's annual inflation rate slowed to a nine-month low of 25.79% in April of 2022 from 27% in the previous month, helped by favorable currency movements. Nevertheless, the committee agreed to reduce the mandatory reserve ratio in national currency from 22% to 19%. source: National Bank of Angola

Interest Rate in Angola averaged 36.70 percent from 2002 until 2022, reaching an all time high of 150 percent in February of 2002 and a record low of 8.75 percent in July of 2014. This page provides the latest reported value for - Angola Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Interest Rate in Angola is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Interest Rate is projected to trend around 19.00 percent in 2023, according to our econometric models.

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Angola Interest Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-01-28 04:30 PM Interest Rate Decision 20% 20% 20%
2022-03-31 04:30 PM Interest Rate Decision 20% 20% 20%
2022-05-31 04:00 PM Interest Rate Decision 20% 20% 20%
2022-07-29 04:00 PM Interest Rate Decison 20% 20%


Related Last Previous Unit Reference
Interest Rate 20.00 20.00 percent Jun 2022
Interbank Rate 15.90 18.21 percent May 2022
Money Supply M0 1599755.00 1589837.00 AOA Million Sep 2017
Foreign Exchange Reserves 15038.00 15317.00 USD Million May 2022
Money Supply M3 10931288.17 10703458.08 AOA Million May 2022
Money Supply M2 10931288.17 10703458.08 AOA Million May 2022
Money Supply M1 5763496.23 5643597.59 AOA Million May 2022
Lending Rate 25.00 25.00 percent Feb 2022
Central Bank Balance Sheet 11242.00 11959.00 AOA Billion Feb 2022
Cash Reserve Ratio 17.00 17.00 percent Feb 2022

Angola Interest Rate
In Angola, interest rate decisions are taken by The National Bank of Angola (Banco Nacional de Angola). On May 24th 2018, the central bank unified the marginal lending facility rate and the basic interest rate, creating the BNA Rate (Taxa BNA) which became the new benchmark interest rate. Until then, the key rate was the Taxa Básica de Juro (Taxa BNA) and until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto).
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 150.00 8.75 2002 - 2022 percent Daily

News Stream
Angola Holds Interest Rate at 20%
The National Bank of Angola kept its benchmark policy rate at 20% during its regular meeting on May 31st, 2022. Monetary policymakers noted that the current course of monetary policy remains adequate to achieve the inflation objective despite headwinds from inflation and potential impacts on the national economy. Angola's annual inflation rate slowed to a nine-month low of 25.79% in April of 2022 from 27% in the previous month, helped by favorable currency movements. Nevertheless, the committee agreed to reduce the mandatory reserve ratio in national currency from 22% to 19%.
2022-05-31
Angola Holds Interest Rate at 20%
The National Bank of Angola kept its benchmark policy rate at 20% during its regular meeting on March 31st 2022. The decision is aimed at maintaining prudence and stability in the conduct of monetary policy as risks and uncertainties associated with the internal and external economic context prevails despite the domestic inflation slowing down amid lower food prices.
2022-03-31
Angola Holds Interest Rate at 20%
The National Bank of Angola kept its benchmark policy rate at 20% during its regular meeting on January 28th 2022. The decision is aimed at continue supporting the domestic recovery in a context of persistent inflationary pressures. The annual inflation rate climbed for the ninth straight month to 27.03% in December of 2021, its highest level since July of 2017. Meanwhile, the economy advanced by 0.8% year-on-year in the third quarter of 2021, the first expansion since the last quarter of 2018, following nine consecutive quarters of declines.
2022-01-28