The National Bank of Angola slashed its key interest rate by 100 bps to 14.75% at its September 2026 meeting, marking the third consecutive rate cut.to the lowest since 2016. Policymakers cited the sustained disinflationary trend and an improving economic outlook, despite uncertainty stemming from the conflict in the Middle East. The annual inflation rate fell to 8.78% in August 2026 from 9.33% in July, marking the lowest since April 2015 and extending the downward trend observed since mid-2024. Looking ahead, Governor Manuel Tiago Dias said that inflation is still expected to end the year at 8.6%. Meanwhile, economic growth accelerated sharply to 8.74% year-on-year in Q2 2026, marking its strongest expansion since Q2 2022, up from 5.32% in Q1. source: National Bank of Angola

The benchmark interest rate in Angola was last recorded at 14.75 percent. Interest Rate in Angola averaged 33.67 percent from 2002 until 2026, reaching an all time high of 150.00 percent in February of 2002 and a record low of 8.75 percent in July of 2014. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The benchmark interest rate in Angola was last recorded at 14.75 percent. Interest Rate in Angola is expected to be 14.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Interest Rate is projected to trend around 12.00 percent in 2027 and 10.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 03:00 PM Interest Rate Decision 17% 17.5% 17.5%
2026-07-14 03:00 PM Interest Rate Decision 15.75% 17% 17%
2026-09-15 03:00 PM Interest Rate Decision 14.75% 15.75% 14%
2026-11-17 03:00 PM Interest Rate Decision 14.75% 14.75%


Related Last Previous Unit Reference
Cash Reserve Ratio 22.00 22.00 percent Aug 2026
Central Bank Balance Sheet 20770.81 20903.13 AOA Billion Jul 2026
Foreign Exchange Reserves 15316.00 15077.00 USD Million Aug 2026
Interbank Rate 16.04 17.07 percent Aug 2026
Interest Rate 14.75 15.75 percent Sep 2026
Lending Rate 16.75 16.75 percent Aug 2026
Money Supply M1 11553754.00 11641968.00 AOA Million Jul 2026
Money Supply M2 19595555.00 19628648.00 AOA Million Aug 2026
M3 Money Supply YoY 19595555.00 19628648.00 AOA Million Aug 2026


Angola Interest Rate
In Angola, interest rate decisions are taken by The National Bank of Angola (Banco Nacional de Angola). On May 24th 2018, the central bank unified the marginal lending facility rate and the basic interest rate, creating the BNA Rate (Taxa BNA) which became the new benchmark interest rate. Until then, the key rate was the Taxa Básica de Juro (Taxa BNA) and until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto).
Actual Previous Highest Lowest Dates Unit Frequency
14.75 15.75 150.00 8.75 2002 - 2026 percent Daily

News Stream
Angola Trims Key Policy Rate to 14.75%
The National Bank of Angola slashed its key interest rate by 100 bps to 14.75% at its September 2026 meeting, marking the third consecutive rate cut.to the lowest since 2016. Policymakers cited the sustained disinflationary trend and an improving economic outlook, despite uncertainty stemming from the conflict in the Middle East. The annual inflation rate fell to 8.78% in August 2026 from 9.33% in July, marking the lowest since April 2015 and extending the downward trend observed since mid-2024. Looking ahead, Governor Manuel Tiago Dias said that inflation is still expected to end the year at 8.6%. Meanwhile, economic growth accelerated sharply to 8.74% year-on-year in Q2 2026, marking its strongest expansion since Q2 2022, up from 5.32% in Q1.
2026-09-15
Angola Cuts Key Policy Rate to 15.75%
The National Bank of Angola cut its key interest rate by 125 basis points to 15.75% at its July 2026 meeting, marking the second rate cut in 2026 and citing easing inflation and an improving economic outlook. Annual inflation slowed to 10.11% in June from 10.88% in May, with Governor Manuel Tiago Dias saying price pressures are expected to continue easing despite uncertainties stemming from the conflict in the Middle East. Meanwhile, the economy grew 5.3% year-on-year in the first quarter, accelerating from 5.1% in the previous quarter. Growth was driven by the non-oil sector, which expanded 6.2%, while the oil sector contracted 0.2%. Looking ahead, the central bank lowered its year-end inflation forecast to 8.6% from 11.5% and raised its 2026 growth forecast to 3.6% from 3.5%, supported by growth on non-oil sectors and benefiting from elevated global energy prices as an oil exporter.
2026-07-14
Angola Cuts Policy Rate to 17%
The National Bank of Angola cut its key interest rate by 50 bps to 17% during its May 2026 meeting, following a pause in March. The decision was driven by the recent benign inflation trajectory and expectations of subdued inflationary pressures in the near term, alongside the need to support economic activity amid heightened global uncertainty linked to the ongoing Middle East conflict. Inflation fell to 11.58% in April from 12.42% in March, its lowest level since June 2023, extending the disinflation trend observed since mid-2024. Against this backdrop, the Monetary Policy Committee (MPC) lowered its 2026 inflation forecast to 11.5% while maintaining its GDP growth projection at 3.5%.
2026-05-14