The benchmark interest rate in Ecuador was last recorded at 8.62 percent. Interest Rate in Ecuador averaged 19.28 percent from 1970 until 2019, 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.
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 8.20 in 12 months time. In the long-term, the Ecuador Interest Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.