The benchmark interest rate in Ecuador was last recorded at 8.98 percent.
Interest Rate in Ecuador averaged 19.05 percent from 1970 until 2020, reaching an all time high of 72.60 percent in January of 2000 and a record low of 6.67 percent in May of 2018. This page provides the latest reported value for - Ecuador Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ecuador Interest Rate - values, historical data and charts - was last updated on July of 2020.
Interest Rate in Ecuador is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ecuador to stand at 8.00 in 12 months time. In the long-term, the Ecuador Interest Rate is projected to trend around 7.50 percent in 2021 and 6.50 percent in 2022, according to our econometric models.