Bahamas Interest Rate

The benchmark interest rate in Bahamas was last recorded at 4.50 percent. Interest Rate in Bahamas is reported by the Central Bank of The Bahamas. Interest Rate in Bahamas averaged 4.97 Percent from 2006 until 2014, reaching an all time high of 5.25 Percent in November of 2006 and a record low of 4.50 Percent in June of 2011. In The Bahamas, the interest rates decisions are taken by the Central Bank of The Bahamas. The official interest rate is the Discount Rate. This page provides - Bahamas Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.50 4.50 5.25 4.50 4.50 | 2014/03 2006 - 2014 Percent Monthly

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Bahamas Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 4.50 2014-02-28 4.50 5.25 4.50 4.50 2014-03-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Bahamas Inflation Rate at 1.74 Percent  
The inflation rate in Bahamas was recorded at 1.74 percent in February of 2014. Inflation Rate in Bahamas is reported by the Department of Statistics of The Bahamas.
Bahamas Personal Income Tax Rate at 0.00 percent  
The Personal Income Tax Rate in Bahamas stands at 0 percent. Personal Income Tax Rate in Bahamas is reported by the Ministry of Finance, Bahamas.
Bahamas Unemployment Rate at 15.40 Percent  
Unemployment Rate in Bahamas increased to 15.40 percent in 2013 from 14 percent in 2012. Unemployment Rate in Bahamas is reported by the Bahamas Department of Statistics.
Bahamas GDP Annual Growth Rate at 1.90 Percent  
The Gross Domestic Product (GDP) in Bahamas expanded 1.90 percent in 2013 from the previous year. GDP Annual Growth Rate in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Visitor Arrivals at 1600981.00 Persons  
Tourist Arrivals in Bahamas increased to 1600981 Persons in the fourth quarter of 2013 from 1325162 Persons in the third quarter of 2013. Tourist Arrivals in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Interest Rate at 4.50 Percent  
The benchmark interest rate in Bahamas was last recorded at 4.50 percent. Interest Rate in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Corporate Tax Rate at 0.00 percent  
The Corporate Tax Rate in Bahamas stands at 0 percent. Corporate Tax Rate in Bahamas is reported by the Ministry of Finance, Bahamas.
Bahamas Balance of Trade at -515222.00 Thousand Bahamian Dollars  
Bahamas recorded a trade deficit of 515222 Thousand Bahamian Dollars in the second quarter of 2013. Balance of Trade in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Exports at 86716.00 Thousand Bahamian Dollars  
Exports in Bahamas increased to 86716 Thousand Bahamian Dollars in the second quarter of 2013 from 65088 Thousand Bahamian Dollars in the first quarter of 2013. Exports in Bahamas is reported by the Central Bank of The Bahamas.
Bahamas Imports at 601938.00 Thousand Bahamian Dollars  
Imports in Bahamas increased to 601938 Thousand Bahamian Dollars in the second quarter of 2013 from 575313 Thousand Bahamian Dollars in the first quarter of 2013. Imports in Bahamas is reported by the Central Bank of The Bahamas.
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