The Central Bank of Bahrain slashed its one-week deposit rate by 25bps to 2.5 percent during its July meeting, after the US Federal Reserve slashed rates for the first time since 2008. Interest Rate in Bahrain averaged 1.54 percent from 2006 until 2019, reaching an all time high of 5 percent in February of 2007 and a record low of 0.50 percent in September of 2009.
Interest Rate in Bahrain is expected to be 2.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Bahrain to stand at 2.25 in 12 months time. In the long-term, the Bahrain Interest Rate is projected to trend around 2.75 percent in 2020, according to our econometric models.