The benchmark interest rate in Iraq was last recorded at 4 percent. Iraq Interest Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Interest Rate in Iraq averaged 6.74 percent from 2004 until 2019, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. This page provides the latest reported value for - Iraq 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 Iraq is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Iraq to stand at 4.00 in 12 months time. In the long-term, the Iraq Interest Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

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Iraq Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 20.00 4.00 2004 - 2019 percent Daily

Iraq Interest Rate
In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate.