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. source: National Bank of Angola

The benchmark interest rate in Angola was last recorded at 15.75 percent. Interest Rate in Angola averaged 33.79 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 July of 2026.

The benchmark interest rate in Angola was last recorded at 15.75 percent. Interest Rate in Angola is expected to be 15.75 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 12.50 percent in 2027 and 12.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-12 02:00 PM Interest Rate Decision 17.5% 17.5% 17%
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 15.75% 15.75%
2026-11-17 03:00 PM Interest Rate Decision


Related Last Previous Unit Reference
Cash Reserve Ratio 22.00 22.00 percent Jun 2026
Central Bank Balance Sheet 20792.30 20920.10 AOA Billion Jun 2026
Foreign Exchange Reserves 14928.00 15473.00 USD Million Jun 2026
Interbank Rate 15.35 15.70 percent Jun 2026
Interest Rate 15.75 17.00 percent Jul 2026
Lending Rate 18.00 18.00 percent Jun 2026
Money Supply M1 11641968.00 11635822.00 AOA Million Jun 2026
Money Supply M2 19416148.00 19426846.00 AOA Million Jun 2026
M3 Money Supply YoY 19416148.00 19426846.00 AOA Million Jun 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
15.75 17.00 150.00 8.75 2002 - 2026 percent Daily

News Stream
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
Angola Leaves Key Policy Rate at 17.5%
The National Bank of Angola kept its key interest rate unchanged at 17.5% on March 12, 2026, marking the first pause following three consecutive reductions. The decision comes amid easing inflation and efforts to sustain economic activity. Annual inflation has been steadily declining since a 31.1% peak in July 2024. Headline inflation fell to 13.35% in February, the lowest since July 2023, from 14.56% in January, supported by a stable kwanza. Angola's economy grew by 5.7% in Q4 2025, the strongest expansion since Q2 2023, quickening from a 2.6% advance in the previous period.
2026-03-12