Angola Interest Rate  2002-2016 | Data | Chart | Calendar | Forecast

Central Bank of Angola raised its benchmark interest rate by 200 bps to 16 percent at its June 30th, 2016 meeting. It is the third rate hike this year, bringing borrowing cost to a fresh 5-year high, in an attempt to curb rising inflation. Policymakers also said the move aims to promote savings and recommended a rational use of foreign currencies as the country's foreign exchange reserves decreased due to the plunge in oil prices. Interest Rate in Angola averaged 45.87 percent from 2002 until 2016, reaching an all time high of 150 percent in February of 2002 and a record low of 8.75 percent in July of 2014. Interest Rate in Angola is reported by the National Bank of Angola.

Angola Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
16.00 14.00 150.00 8.75 2002 - 2016 percent Daily
In Angola, interest rates decisions are taken by The National Bank of Angola (Banco Nacional de Angola). The official interest rate is the Taxa Básica de Juro (Taxa BNA). Until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto). This page provides the latest reported value for - Angola Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Interest Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-30 01:25 PM Interest Rate Decision 14% 12% 13%
2016-05-12 12:00 PM Interest Rate Decision 14% 14% 14%
2016-06-30 01:00 PM Interest Rate Decision 16% 14% 15%
2016-07-29 05:00 PM Interest Rate Decision 16% 16%
2016-08-25 05:00 PM Interest Rate Decision 16%
2016-09-26 05:00 PM Interest Rate Decision 16%

Angola Money Last Previous Highest Lowest Unit
Interest Rate 16.00 14.00 150.00 8.75 percent [+]
Interbank Rate 15.84 15.42 15.84 7.24 percent [+]
Money Supply M0 2577766.01 2462519.43 2577766.01 640487.47 AOA Million [+]
Deposit Interest Rate 3.86 3.15 147.13 3.15 percent [+]
Money Supply M1 3989594.09 4060874.93 4060874.93 1441165.81 AOA Million [+]
Money Supply M2 6567360.11 6523394.37 6567360.11 2126263.19 AOA Million [+]
Money Supply M3 6576913.53 6532229.75 6576913.53 2427696.80 AOA Million [+]
Lending Rate 20.00 16.00 20.00 9.75 percent [+]
Loans To Banks 262079.00 231277.00 528986.63 146383.50 Million AOA [+]
Loans To Private Sector 3443392.00 3428917.00 3443392.00 1806943.09 Million AOA [+]
Foreign Exchange Reserves 4048.90 4109.58 4109.58 2507.88 AOA Billion [+]
Central Bank Balance Sheet 4939.82 4784.49 4939.82 3218.25 AOA Billion [+]




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