The benchmark interest rate in Ethiopia was last recorded at 7 percent. source: National Bank of Ethiopia

Interest Rate in Ethiopia averaged 5.36 percent from 1995 until 2021, reaching an all time high of 11 percent in December of 1995 and a record low of 3 percent in April of 2002. This page provides - Ethiopia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Interest Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Ethiopia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Interest Rate is projected to trend around 7.00 percent in 2023, according to our econometric models.

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Ethiopia Interest Rate

Related Last Previous Unit Reference
Interest Rate 7.00 7.00 percent Dec 2021

Ethiopia Interest Rate
In Ethiopia, interest rates decisions are taken by Monetary Committee of the National Bank of Ethiopia. The official rate is the bank’s savings rate.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 11.00 3.00 1995 - 2021 percent Daily