The Central Bank of Jordan raised its key interest rates by 50bps to 3.75% on June 16th 2022, after the Fed raised the fed funds rate by 75bps the day before. The decision aims to maintain monetary stability and the attractiveness of the Jordanian dinar as a saving vehicle. source: Central Bank of Jordan
Interest Rate in Jordan averaged 5.73 percent from 1965 until 2022, reaching an all time high of 9 percent in August of 1998 and a record low of 2.50 percent in June of 2003. This page provides the latest reported value for - Jordan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Jordan Interest Rate - values, historical data and charts - was last updated on August of 2022.
Interest Rate in Jordan is expected to be 3.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jordan Interest Rate is projected to trend around 5.75 percent in 2023, according to our econometric models.