The benchmark interest rate in Cape Verde was last recorded at 5.50 percent. Cape Verde Interest Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Interest Rate in Cape Verde averaged 8.06 percent from 1998 until 2019, reaching an all time high of 10.50 percent in February of 1998 and a record low of 5.50 percent in June of 2017. 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.

Interest Rate in Cape Verde is expected to be 5.50 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 5.50 in 12 months time. In the long-term, the Cape Verde Interest Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.


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Cape Verde Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.50 10.50 5.50 1998 - 2019 percent Daily


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.