Guinea Bissau Interest Rate

The benchmark interest rate in Guinea Bissau was last recorded at 3.50 percent. Interest Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO). Interest Rate in Guinea Bissau 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. Guinea Bissau 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 - Guinea Bissau Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

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

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Guinea Bissau Interest Rate
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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 [+]
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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

Guinea Bissau Inflation Rate at -2.10 percent  
The inflation rate in Guinea Bissau was recorded at -2.10 percent in February of 2014. Inflation Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account to GDP at -6.30 Percent  
Guinea Bissau recorded a Current Account deficit of 6.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Balance of Trade at -34.65 CFA Franc Billion  
Guinea Bissau recorded a trade deficit of 34.65 CFA Franc Billion in 2010. Balance of Trade in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Interest Rate at 3.50 percent  
The benchmark interest rate in Guinea Bissau was last recorded at 3.50 percent. Interest Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account at -35.05 CFA Franc Billion  
Guinea Bissau recorded a Current Account deficit of 35.05 CFA Franc Billion in 2010. Current Account in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Government Budget at -2.30 Percent of GDP  
Guinea Bissau recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2012. Government Budget in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau GDP per capita at 423.38 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 423.38 US dollars in 2012. The GDP per Capita in Guinea Bissau is equivalent to 3 percent of the worlds average. GDP per capita in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP per capita PPP at 1027.70 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 1027.70 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea Bissau, when adjusted by Purchasing Power Parity is equivalent to 5 percent of the worlds average. GDP per capita PPP in Guinea Bissau is reported by the World Bank.
Guinea Bissau Population at 1.66 million  
The total population in Guinea Bissau was last recorded at 1.7 million people in 2012 from 0.6 million in 1960, changing 159 percent during the last 50 years. Population in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP at 0.89 USD Billion  
The Gross Domestic Product (GDP) in Guinea Bissau was worth 0.89 billion US dollars in 2012. The GDP value of Guinea Bissau represents less than 0.01 percent of the world economy. GDP in Guinea Bissau is reported by the World Bank.
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