Burkina Faso Interest Rate

The benchmark interest rate in Burkina Faso was last recorded at 3.50 percent. Interest Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO). Interest Rate in Burkina Faso averaged 3.99 percent from 2010 until 2014, reaching an all time high of 4.25 percent in January of 2011 and a record low of 3.50 percent in September of 2013. Burkina Faso is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Burkina Faso Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.50 4.25 3.50 3.50 | 2014/03 2010 - 2014 percent Monthly

TO

Burkina Faso Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 3.50 2014-03-05 3.50 4.25 3.50 3.50 2014-03-31 percent [+]
[+]


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

Burkina Faso Inflation Rate at -0.80 percent  
The inflation rate in Burkina Faso was recorded at -0.80 percent in February of 2014. Inflation Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Burkina Faso stands at 18 percent. Sales Tax Rate in Burkina Faso is reported by the General Direction of Taxes.
Burkina Faso Balance of Trade at -35.10 CFA Franc Billion  
Burkina Faso recorded a trade deficit of 35.10 CFA Franc Billion in March of 2013. Balance of Trade in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Interest Rate at 3.50 percent  
The benchmark interest rate in Burkina Faso was last recorded at 3.50 percent. Interest Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Imports at 163.20 CFA Franc Billion  
Imports in Burkina Faso increased to 163.20 CFA Franc Billion in March of 2013 from 150.30 CFA Franc Billion in February of 2013. Imports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Exports at 128.10 CFA Franc Billion  
Exports in Burkina Faso increased to 128.10 CFA Franc Billion in March of 2013 from 94.50 CFA Franc Billion in February of 2013. Exports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Current Account at -73.70 CFA Franc Billion  
Burkina Faso recorded a Current Account deficit of 73.70 CFA Franc Billion in 2011. Current Account in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Government Budget at -0.50 Percent of GDP  
Burkina Faso recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2012. Government Budget in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Industrial Production at -4.30 percent  
Industrial Production in Burkina Faso decreased 4.30 percent in the fourth quarter of 2012 over the same quarter in the previous year. Industrial Production in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso GDP per capita at 494.99 USD  
The Gross Domestic Product per capita in Burkina Faso was last recorded at 494.99 US dollars in 2012. The GDP per Capita in Burkina Faso is equivalent to 4 percent of the worlds average. GDP per capita in Burkina Faso is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News