Chad Interest Rate

The benchmark interest rate in Chad was last recorded at 3.25 percent. Interest Rate in Chad is reported by the Bank of Central African States. Interest Rate in Chad averaged 3.95 Percent from 2009 until 2014, reaching an all time high of 4.25 Percent in July of 2009 and a record low of 3.25 Percent in October of 2013. Chad is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Central Bank of Central African States’ Monetary Policy Committee. The Central Bank of Central African States’ official rate is the prime lending rate. This page provides - Chad Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.25 3.25 4.25 3.25 3.25 | 2014/06 2009 - 2014 Percent Monthly

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Chad Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 3.25 2014-03-26 3.25 4.25 3.25 3.25 2014-06-30 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

Chad Gold Reserves at 0.00 Tonnes  
Gold Reserves in Chad remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Chad is reported by the World Gold Council.
Chad Interest Rate at 3.25 Percent  
The benchmark interest rate in Chad was last recorded at 3.25 percent. Interest Rate in Chad is reported by the Bank of Central African States.
Chad Personal Income Tax Rate at 60.00 percent  
The Personal Income Tax Rate in Chad stands at 60 percent. Personal Income Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Corporate Tax Rate at 40.00 percent  
The Corporate Tax Rate in Chad stands at 40 percent. Corporate Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Chad stands at 18 percent. Sales Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Balance of Trade at 332.40 CFA Franc Billion  
Chad recorded a trade surplus of 332.40 CFA Franc Billion in 2009. Balance of Trade in Chad is reported by the Bank of Central African States.
Chad Current Account at -630.60 CFA Franc Billion  
Chad recorded a Current Account deficit of 630.60 CFA Franc Billion in 2009. Current Account in Chad is reported by the Bank of Central African States.
Chad Inflation Rate at 3.10 percent  
The inflation rate in Chad was recorded at 3.10 percent in 2013. Inflation Rate in Chad is reported by the Bank of Central African States.
Chad GDP per capita at 507.37 USD  
The Gross Domestic Product per capita in Chad was last recorded at 507.37 US dollars in 2012. The GDP per Capita in Chad is equivalent to 4 percent of the worlds average. GDP per capita in Chad is reported by the World Bank.
Chad GDP per capita PPP at 1286.66 USD  
The Gross Domestic Product per capita in Chad was last recorded at 1286.66 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Chad, when adjusted by Purchasing Power Parity is equivalent to 6 percent of the worlds average. GDP per capita PPP in Chad is reported by the World Bank.
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