The benchmark interest rate in Ethiopia was last recorded at 7 percent. Interest Rate in Ethiopia averaged 5.21 percent from 1995 until 2019, reaching an all time high of 11 percent in December of 1995 and a record low of 3 percent in April of 2002.

Interest Rate in Ethiopia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ethiopia to stand at 7.00 in 12 months time. In the long-term, the Ethiopia Interest Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.

Ethiopia Interest Rate
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Ethiopia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 11.00 3.00 percent [+]


Ethiopia Interest Rate

In Ethiopia, interest rates decisions are taken by Monetary Committee of the National Bank of Ethiopia. The official rate is the bank’s savings rate. This page provides - Ethiopia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 11.00 3.00 1995 - 2019 percent Daily




Country Last Previous
Argentina 68.00 Oct/19
Turkey 16.50 Sep/19
Mexico 7.75 Sep/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
Indonesia 5.25 Sep/19
India 5.15 Oct/19
China 4.20 Oct/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.72 Sep/19
South Korea 1.25 Oct/19
Australia 0.75 Oct/19
United Kingdom 0.75 Sep/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19


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