The National Bank of Ethiopia kept its key interest rate unchanged at 15% during its March 2026 meeting, emphasizing that a tight monetary policy is required as the Middle East conflict has raised upside risks to the inflation outlook. The Committee noted that inflation stood at 9.7% in February, continuing its downward trend and remaining within the single-digit target since December 2025. However, persistent geopolitical tensions continue to push oil prices up, impacting both global and domestic markets. The government has used significant foreign currency reserves to secure fuel imports and has reintroduced subsidies to ease the impact on consumers. source: National Bank of Ethiopia
The benchmark interest rate in Ethiopia was last recorded at 15 percent. Interest Rate in Ethiopia averaged 6.03 percent from 1995 until 2026, reaching an all time high of 15.00 percent in August of 2024 and a record low of 3.00 percent in April of 2002. This page provides - Ethiopia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Interest Rate - values, historical data and charts - was last updated on April of 2026.
The benchmark interest rate in Ethiopia was last recorded at 15 percent. Interest Rate in Ethiopia is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Interest Rate is projected to trend around 10.00 percent in 2027, according to our econometric models.