Ivory Coast Interest Rate

The benchmark interest rate in Ivory Coast was last recorded at 3.50 percent. Interest Rate in Ivory Coast is reported by the Central Bank of West African States (BCEAO). Interest Rate in Ivory Coast 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. Cote d’Ivoire 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 - Ivory Coast Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.50 4.25 3.50 3.50 | 2014/06 2010 - 2014 Percent Monthly

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Ivory Coast Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Money Supply M0 2296636.00 2013-12-31 2187157.60 2296636.00 138062.50 2229313.78 2014-06-30 XOF Million [+]
Money Supply M2 5480393.40 2013-12-31 5183557.70 5480393.40 1495582.40 5722371.55 2014-06-30 XOF Million [+]
Interest Rate 3.50 2014-03-05 3.50 4.25 3.50 3.50 2014-06-30 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

Ivory Coast Employed Persons at 7787952.00  
The number of employed persons in Ivory Coast increased to 7787952 in 2006 from 7561116 in 2005. Employed Persons in Ivory Coast is reported by the Institut National de la Statistique de Côte d'Ivoire.
Ivory Coast Government Spending at 1246000000.00 XOF THO  
Government Spending in Ivory Coast increased to 1246000000 XOF THO in 2012 from 1152630000 XOF THO in 2011. Government Spending in Ivory Coast is reported by the SESRIC.
Ivory Coast Unemployed Persons at 216158.00  
The number of unemployed persons in Ivory Coast increased to 216158 in 2006 from 207744 in 2005. Unemployed Persons in Ivory Coast is reported by the Institut National de la Statistique de Côte d'Ivoire.
Ivory Coast Industrial Production at 15.60 Percent  
Industrial Production in Ivory Coast increased 15.60 percent in January of 2014 over the same month in the previous year. Industrial Production in Ivory Coast is reported by the INS, Ivory Coast.
Ivory Coast Current Account at -224.10 CFA Franc Billion  
Ivory Coast recorded a Current Account deficit of 224.10 CFA Franc Billion in 2012. Current Account in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Personal Income Tax Rate at 60.00 percent  
The Personal Income Tax Rate in Ivory Coast stands at 60 percent. Personal Income Tax Rate in Ivory Coast is reported by the Ministry of Finance.
Ivory Coast Money Supply M0 at 2296636.00 XOF Million  
Money Supply M0 in Ivory Coast increased to 2296636 XOF Million in December of 2013 from 2187157.60 XOF Million in November of 2013. Money Supply M0 in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Money Supply M2 at 5480393.40 XOF Million  
Money Supply M2 in Ivory Coast increased to 5480393.40 XOF Million in December of 2013 from 5183557.70 XOF Million in November of 2013. Money Supply M2 in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Balance of Trade at 1726.00 CFA Franc Billion  
Ivory Coast recorded a trade surplus of 1726 CFA Franc Billion in 2012. Balance of Trade in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Exports at 6045.30 CFA Franc Billion  
Exports in Ivory Coast increased to 6045.30 CFA Franc Billion in 2012 from 5833.80 CFA Franc Billion in 2011. Exports in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
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