The benchmark interest rate in Venezuela was last recorded at 21.77 percent.

Interest Rate in Venezuela averaged 23.70 percent from 1998 until 2019, reaching an all time high of 83.73 percent in February of 2002 and a record low of 12.79 percent in April of 2006. This page provides the latest reported value for - Venezuela Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Banco Central De Venezuela

Interest Rate in Venezuela is expected to be 21.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Venezuela to stand at 19.50 in 12 months time. In the long-term, the Venezuela Interest Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.

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Venezuela Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.77 22.50 83.73 12.79 1998 - 2019 percent Daily

Venezuela Interest Rate
The Central Bank of Venezuela (Banco Central de Venezuela, BCV) is not responsible for setting interest rates.

Venezuela Money Last Previous Highest Lowest Unit
Interest Rate 21.77 22.50 83.73 12.79 percent [+]
Interbank Rate 21.77 22.50 72.23 12.48 percent [+]
Money Supply M0 25302125.30 17452049.05 25302125.30 0.00 VEF Million [+]
Money Supply M1 31388978.93 22844031.26 31388978.93 0.00 VEF Million [+]
Money Supply M2 31481492.50 22917361.49 31481492.50 0.00 VEF Million [+]
Money Supply M3 31481492.50 22917361.49 31481492.50 0.00 VEF Million [+]
Foreign Exchange Reserves 7465.00 7565.00 43127.00 514.50 USD Million [+]
Banks Balance Sheet 146321210.23 123004567.19 146321210.23 0.01 VEF Million [+]
Deposit Interest Rate 24.00 24.00 65.93 6.71 percent [+]
Central Bank Balance Sheet 1746778.91 1139381.40 1746778.91 0.00 VES Thousand [+]