The benchmark interest rate in Zambia was last recorded at 9.25 percent.
Interest Rate in Zambia averaged 10.41 percent from 2012 until 2020, reaching an all time high of 15.50 percent in November of 2015 and a record low of 9 percent in May of 2012. This page provides - Zambia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Bank of Zambia
Interest Rate in Zambia is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Zambia to stand at 8.00 in 12 months time. In the long-term, the Zambia Interest Rate is projected to trend around 8.00 percent in 2021, according to our econometric models.