The benchmark interest rate in Cape Verde was last recorded at 1 percent.

Interest Rate in Cape Verde averaged 7.86 percent from 1998 until 2020, reaching an all time high of 10.50 percent in February of 1998 and a record low of 1 percent in March of 2020. This page provides the latest reported value for - Cape Verde Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Interest Rate - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Cape Verde is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Cape Verde to stand at 1.00 in 12 months time. In the long-term, the Cape Verde Interest Rate is projected to trend around 1.00 percent in 2021, according to our econometric models.

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Cape Verde Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 10.50 1.00 1998 - 2020 percent Daily

Cape Verde Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 10.50 1.00 percent [+]
Money Supply M0 108116.59 107686.32 108469.50 87392.90 CVE Million [+]
Money Supply M2 198683.80 196731.40 1234914.00 18495.60 CVE Million [+]
Foreign Exchange Reserves 72275.60 73787.20 76482.80 784.10 CVE Million [+]
Deposit Interest Rate 1.50 1.90 5.27 1.50 percent [+]
Money Supply M1 90567.20 89045.10 880380.00 47147.40 CVE Million [+]
Banks Balance Sheet 235917.82 234050.37 235917.82 134797.80 CVE Million [+]


Cape Verde Interest Rate
In Cape Verde, interest rates decisions are taken by the Monetary Committee of the Bank of Cape Verde. The official rate is the rediscount rate.