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Zambia Interest Rate
Last Release
Feb 11, 2025
Actual
14.5
Units In
%
Previous
14
Frequency
Daily
Next Release
May 21, 2025
Time to Release
3 Months 3 Days 19 Hours
Highest | Lowest | Average | Date Range | Source |
68.4 Mar 2001 | 3.9 Apr 2010 | 15.18 % | 2001-2025 | N/A |
In Zambia, interest rates decisions are taken by the Monetary Committee of the Bank of Zambia. The official rate is the policy rate.
Latest Updates
The Central Bank of Zambia lifted its benchmark interest rate by another 50 basis points to 14.5% during its regular meeting on February 12th, 2025, marking the second consecutive rate hike. The decision was aimed at counteracting persistent inflationary pressures and bringing inflation back to its target band. Zambia's annual inflation rate stood at an over three-year high of 16.7% in January 2025, unchanged from the prior month, well above the central bank's 6-8% target range.
Zambia Interest Rate History
Last 12 readings
