The benchmark interest rate in Nicaragua was last recorded at 8.99 percent. source: Banco Central de Nicaragua

Interest Rate in Nicaragua averaged 11.95 percent from 2009 until 2023, reaching an all time high of 17.45 percent in October of 2013 and a record low of 8.08 percent in February of 2023. This page provides - Nicaragua Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Weighted Average Interest Rate - values, historical data and charts - was last updated on June of 2023.

Interest Rate in Nicaragua is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Nicaragua Weighted Average Interest Rate

Related Last Previous Unit Reference
Money Supply M1 88367.80 86176.40 NIO Million Feb 2023
Money Supply M2 179277.50 183629.40 NIO Million Feb 2023
Money Supply M3 180180.00 184513.10 NIO Million Feb 2023
Interest Rate 8.99 8.21 percent Apr 2023
Foreign Exchange Reserves 4493.74 4432.60 USD Million Apr 2023

Nicaragua Weighted Average Interest Rate
Banco Central de Nicaragua doesn’t use interest rates as a policy tool. Nicaragua’s monetary policy has been based on an exchange rate mechanism.
Actual Previous Highest Lowest Dates Unit Frequency
8.99 8.21 17.45 8.08 2009 - 2023 percent Monthly