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Eswatini Interest Rate

Eswatini's interest rate held steady at 6.75% on August 1, 2025. This decision reflects moderating inflation at 3.5% in 2025, aligning with South Africa's trend and staying within the central bank's target. Projected economic growth of 4.3% in 2025, boosted by investments, also supported maintaining the current rate. Eswatini's record low interest rate was 3.75% on July 25, 2020 and record high was 7.75% on May 26, 2023.

Historical Data (2015-2025)

(in %)
Date Interest Rate
May 30, 2025 6.75%
Mar 21, 2025 7%
Dec 31, 2024 7%
Nov 22, 2024 7%
Sep 20, 2024 7.25%
Aug 31, 2023 7.5%
Jul 21, 2023 7.5%
May 26, 2023 7.75%
Feb 28, 2023 6.75%
Jan 27, 2023 6.75%
Nov 25, 2022 6.5%
Sep 23, 2022 6%
Jul 21, 2022 5%
May 20, 2022 4.5%
Mar 25, 2022 4%
Jan 28, 2022 4%
Nov 19, 2021 3.75%
Sep 24, 2021 3.75%
Feb 28, 2021 3.75%
Jan 22, 2021 3.75%
Nov 20, 2020 3.75%
Aug 31, 2020 3.75%
Jul 25, 2020 3.75%
May 22, 2020 4%
Apr 15, 2020 4.5%
Feb 28, 2020 6.5%
Jan 18, 2020 6.5%
Nov 22, 2019 6.5%
Aug 31, 2019 6.5%
Jul 19, 2019 6.5%
Apr 30, 2019 6.75%
Mar 29, 2019 6.75%
Dec 31, 2018 6.75%
Nov 23, 2018 6.75%
Sep 20, 2018 6.75%
Jul 20, 2018 6.75%
May 25, 2018 6.75%
Feb 28, 2018 7%
Jan 20, 2018 7%
Sep 29, 2017 7.25%
Apr 28, 2017 7.25%
Dec 21, 2016 7%
Oct 31, 2016 7%
Sep 23, 2016 7%
Jul 29, 2016 7%
May 20, 2016 7%
Jan 29, 2016 5.75%
Oct 30, 2015 5.75%
Aug 31, 2015 5.75%
Eswatini Interest Rate : Definition
The Interest Rate set by the Central Bank of Swaziland is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Private Credit (% GDP) 21.48% 21.39% 2024