The benchmark interest rate in Benin was last recorded at 4 percent. source: Central Bank of West African States (BCEAO)

Interest Rate in Benin averaged 4.03 percent from 2010 until 2021, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. This page provides - Benin Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin Interest Rate - values, historical data and charts - was last updated on October of 2021.

Interest Rate in Benin is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Interest Rate is projected to trend around 4.50 percent in 2022, according to our econometric models.

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Benin Interest Rate


Benin Last Unit Reference Previous Highest Lowest
Interest Rate 4.00 percent Sep/21 4.00 4.50 3.50
Loans To Private Sector 1111255.00 XOF Million Sep/16 1099183.00 1116234.00 321652.00


Benin Interest Rate
Benin is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate.