Equatorial Guinea Interest Rate

The benchmark interest rate in Equatorial Guinea was last recorded at 3.25 percent. Interest Rate in Equatorial Guinea is reported by the Bank of Central African States. Interest Rate in Equatorial Guinea 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. Equatorial Guinea is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides - Equatorial Guinea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

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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Equatorial Guinea 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

Equatorial Guinea Crude Oil Production at 279.00 Thousands Barrels per Day  
Crude Oil Production in Equatorial Guinea increased to 279 Thousands Barrels per Day in October of 2013 from 269 Thousands Barrels per Day in September of 2013. Crude Oil Production in Equatorial Guinea is reported by the U.S. Energy Information Administration.
Equatorial Guinea Interest Rate at 3.25 Percent  
The benchmark interest rate in Equatorial Guinea was last recorded at 3.25 percent. Interest Rate in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Equatorial Guinea stands at 35 percent. Personal Income Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Equatorial Guinea stands at 35 percent. Corporate Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Government Debt To GDP at 4.70 Percent  
Equatorial Guinea recorded a Government Debt to GDP of 4.70 percent of the country's Gross Domestic Product in 2011. Government Debt To GDP in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea GDP Annual Growth Rate at 5.50 Percent  
The Gross Domestic Product (GDP) in Equatorial Guinea expanded 5.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Equatorial Guinea stands at 15 percent. Sales Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Balance of Trade at 2723.70 CFA Franc Billion  
Equatorial Guinea recorded a trade surplus of 2723.70 CFA Franc Billion in 2010. Balance of Trade in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Current Account at -352.70 CFA Franc Billion  
Equatorial Guinea recorded a Current Account deficit of 352.70 CFA Franc Billion in 2010. Current Account in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Inflation Rate at 3.10 Percent  
The inflation rate in Equatorial Guinea was recorded at 3.10 percent in 2013. Inflation Rate in Equatorial Guinea is reported by the Bank of Central African States.
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