Ethiopia Interest Rate
The National Bank of Ethiopia held its key policy rate steady at 15% in July 2025. This decision supports price stability and ongoing economic reforms. Inflation has declined due to controlled money supply, credit growth and government fiscal discipline which eliminated central bank borrowing in the 2024/25 fiscal year. These actions aim for price stabilization and sustainable economic growth. Ethiopia's record low interest rate was 5% on September 30, 2015 and record high was 15% on August 31, 2024.
Historical Data (2015-2025)
(in %)Ethiopia Interest Rate : Definition
The Interest Rate set by the National Bank of Ethiopia is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.