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Angola Interest Rate
Last Release
Mar 18, 2025
Actual
19.5
Units In
%
Previous
19.5
Frequency
Daily
Next Release
May 21, 2025
Time to Release
2 Months 1 Days 4 Hours
Highest | Lowest | Average | Date Range | Source |
150 Jan 2002 | 8.75 Jul 2014 | 34.72 % | 2002-2025 | National Bank of Angola |
In Angola, interest rate decisions are taken by The National Bank of Angola (Banco Nacional de Angola). On May 24th 2018, the central bank unified the marginal lending facility rate and the basic interest rate, creating the BNA Rate (Taxa BNA) which became the new benchmark interest rate. Until then, the key rate was the Taxa Básica de Juro (Taxa BNA) and until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto).
Latest Updates
The National Bank of Angola held its key interest rate at 19.5% in its March 2025 meeting, marking ten consecutive months of borrowing costs at the highest since December 2022. Still, the central bank lowered the liquidity absorption rate by 100bps to 17.5% and eased the reserve requirement ratio for commercial banks by 100bps to 20%. The measures aimed to increase liquidity in the Angolan financial system for growth to remain above the target of 3%, with the GDP for 2024 expected to have grown at 4.4%, outpacing the 3.61% growth in the oil sector. Additionally, inflation is expected to slow to 17.5% in 2025 after ending 2024 at 27.5%.
Angola Interest Rate History
Last 12 readings