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

The National Bank of Angola kept its benchmark interest rate unchanged at 16 percent for the second straight meeting on September 5th 2016. The lending facility and the absorption facility were also left steady at 20 percent and 7.25 percent respectively. Policymakers said that monthly inflation rate accelerated to 4.04 percent in July as a fall in imported goods lifted prices. The central bank also noted that the monetary base contracted again in July for the second month running, signalling current monetary policy is robust and should be continued. The central bank already raised the key interest rate by 500 bps since the beginning of the year, aiming to promote savings, reduce pressure on the national currency and curb rising inflation. Interest Rate in Angola averaged 45.02 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 16.00 150.00 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-30 01:00 PM Interest Rate Decision 16% 14% 15%
2016-08-08 06:00 PM Interest Rate Decision 16% 16% 16%
2016-09-05 12:25 PM Interest Rate Decision 16% 16% 16%
2016-09-29 05:00 PM Interest Rate Decision 16% 16%
2016-10-25 05:00 PM Interest Rate Decision 16%
2016-11-25 05:00 PM Interest Rate Decision 16%

Angola Money Last Previous Highest Lowest Unit
Interest Rate 16.00 16.00 150.00 8.75 percent [+]
Interbank Rate 16.28 16.24 16.28 7.24 percent [+]
Money Supply M0 2565964.58 2577766.01 2577766.01 640487.47 AOA Million [+]
Deposit Interest Rate 3.32 3.53 147.13 3.15 percent [+]
Money Supply M1 4077124.91 3989594.09 4077124.91 1441165.81 AOA Million [+]
Money Supply M2 6643089.49 6567360.11 6643089.49 2126263.19 AOA Million [+]
Money Supply M3 6580741.99 6652613.10 6652613.10 2427696.80 AOA Million [+]
Lending Rate 20.00 20.00 20.00 9.75 percent [+]
Loans To Banks 196896.00 211493.00 528986.63 146383.50 Million AOA [+]
Loans To Private Sector 3641692.00 3626449.00 3641692.00 1806943.09 Million AOA [+]
Foreign Exchange Reserves 3975.20 3976.04 4109.58 2507.88 AOA Billion [+]
Central Bank Balance Sheet 5124.15 5115.88 5147.30 3218.25 AOA Billion [+]




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