Gabon Interest Rate

The benchmark interest rate in Gabon was last recorded at 3.25 percent. Interest Rate in Gabon is reported by the Bank of Central African States. Interest Rate in Gabon 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. Gabon 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 - Gabon Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.25 3.25 4.25 3.25 3.25 | 2014/04 2009 - 2014 Percent Monthly

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Gabon 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 2014-04-30 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

Gabon Inflation Rate at 3.26 Percent  
The inflation rate in Gabon was recorded at 3.26 percent in December of 2013. Inflation Rate in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Crude Oil Production at 249.00 Thousands Barrels per Day  
Crude Oil Production in Gabon increased to 249 Thousands Barrels per Day in October of 2013 from 247 Thousands Barrels per Day in September of 2013. Crude Oil Production in Gabon is reported by the U.S. Energy Information Administration.
Gabon Interest Rate at 3.25 Percent  
The benchmark interest rate in Gabon was last recorded at 3.25 percent. Interest Rate in Gabon is reported by the Bank of Central African States.
Gabon Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Gabon stands at 35 percent. Personal Income Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Gabon stands at 35 percent. Corporate Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Gabon stands at 18 percent. Sales Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Current Account to GDP at 10.40 Percent  
Gabon recorded a Current Account surplus of 10.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Balance of Trade at 3711.95 FCFA Million  
Gabon recorded a trade surplus of 3711.95 FCFA Million in 2013. Balance of Trade in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Imports at 2456.08 FCFA Million  
Imports in Gabon increased to 2456.08 FCFA Million in 2013 from 2257.42 FCFA Million in 2012. Imports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Exports at 6168.03 FCFA Million  
Exports in Gabon increased to 6168.03 FCFA Million in 2013 from 5829.90 FCFA Million in 2012. Exports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
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