The benchmark interest rate in Zimbabwe was last recorded at 9.15 percent. Interest Rate in Zimbabwe averaged 11.97 percent from 2011 until 2019, reaching an all time high of 16.04 percent in March of 2012 and a record low of 8.86 percent in September of 2017.

Interest Rate in Zimbabwe is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Zimbabwe to stand at 8.80 in 12 months time. In the long-term, the Zimbabwe Interest Rate is projected to trend around 8.90 percent in 2020, according to our econometric models.

Zimbabwe Interest Rate
Forecast Data Chart
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Zimbabwe Money Last Previous Highest Lowest Unit
Interest Rate 9.15 9.30 16.04 8.86 percent [+]
Money Supply M1 11257783.00 9774915.00 11257783.00 216333.00 USD Thousands [+]
Money Supply M2 12869598.00 11262553.00 12869598.00 297563.00 USD Thousands [+]
Money Supply M3 13009038.00 11353366.00 13009038.00 297626.00 USD Thousands [+]
Banks Balance Sheet 17100.70 14197.80 17100.70 601.60 USD Million [+]

Zimbabwe Interest Rate

The Reserve Bank of Zimbabwe does not have an official discount rate. The official interest rate is the Weighted Lending Rate. The Weighted Lending Rate is the sum of minimum nominal lending rates weighted by individual bank’s loan book sizes and published by the Reserve Bank of Zimbabwe. This page provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.15 9.30 16.04 8.86 2011 - 2019 percent Daily

Country Last Previous
Argentina 74.98 Aug/19
Turkey 19.75 Jul/19
Mexico 8.00 Aug/19
Russia 7.25 Jul/19
South Africa 6.50 Aug/19
Brazil 6.00 Jul/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Aug/19
Saudi Arabia 2.75 Aug/19
United States 2.25 Jul/19
Singapore 1.94 Jul/19
Canada 1.75 Aug/19
South Korea 1.50 Jul/19
Australia 1.00 Aug/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Jul/19
France 0.00 Jul/19
Germany 0.00 Jul/19
Italy 0.00 Jul/19
Netherlands 0.00 Jul/19
Spain 0.00 Jul/19
Japan -0.10 Aug/19
Switzerland -0.75 Aug/19