Frontier Market Interest Rates
The table below shows the current interest rates in Frontier Markets, as well as any changes from their previous rate.
(last update: 6th August 2020)
Country |
Rate |
Last Change |
Change Date |
YTD Change |
Argentina |
38.00% |
-2.00% |
05-Mar-20 |
-17.00% |
Bahrain |
1.00% |
-0.75% |
16-Mar-20 |
-1.25% |
Bangladesh |
4.75% |
-0.50% |
29-Jul-20 |
-1.25% |
Botswana |
4.25% |
-0.50% |
30-Apr-20 |
-0.50% |
Bulgaria |
0.00% |
-0.01% |
29-Jan-16 |
0.00% |
Croatia |
2.50% |
-2.50% |
20-Oct-15 |
0.00% |
Cyprus * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Estonia * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Ghana |
14.50% |
-1.50% |
18-Mar-20 |
-1.50% |
Iceland |
1.00% |
-0.75% |
20-May-20 |
-2.00% |
Iran |
18.00% |
0.20% |
01-Oct-16 |
0.00% |
Jamaica |
0.50% |
-0.25% |
27-Aug-19 |
0.00% |
Kazakhstan |
9.00% |
-0.50% |
20-Jul-20 |
-0.25% |
Kenya |
7.00% |
-0.25% |
29-Apr-20 |
-1.50% |
Kuwait |
1.50% |
-1.00% |
16-Mar-20 |
-1.25% |
Latvia * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Lebanon |
4.53% |
-1.23% |
01-Jun-20 |
-5.86% |
Lithuania * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
North Macedonia |
1.50% |
-0.25% |
13-May-20 |
-0.75% |
Malta * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Mauritius |
1.85% |
-1.00% |
16-Apr-20 |
-1.50% |
Mongolia |
9.00% |
-1.00% |
13-Apr-20 |
-2.00% |
Morocco |
1.50% |
-0.50% |
16-Jun-20 |
-0.75% |
Namibia |
4.00% |
-0.25% |
17-Jun-20 |
-2.50% |
Nigeria |
12.50% |
-1.00% |
28-May-20 |
-1.00% |
Oman |
1.75% |
-0.25% |
29-May-20 |
-0.75% |
Romania |
1.75% |
-0.25% |
29-May-20 |
-0.75% |
Serbia |
1.25% |
-0.25% |
11-Jun-20 |
-1.00% |
Slovakia * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Slovenia * |
0.00% |
-0.05% |
10-Mar-16 |
0.00% |
Sri Lanka |
4.50% |
-1.00% |
09-Jul-20 |
-2.50% |
Tanzania |
5.00% |
-2.00% |
01-May-20 |
-2.00% |
Trinidad & Tobago |
3.50% |
-1.50% |
17-Mar-20 |
-1.50% |
Tunisia |
6.75% |
-1.00% |
17-Mar-20 |
-1.00% |
Uganda |
7.00% |
-1.00% |
08-Jun-20 |
-2.00% |
Ukraine |
6.00% |
-2.00% |
11-Jun-20 |
-7.50% |
Vietnam |
4.50% |
-0.50% |
13-May-20 |
-1.50% |
* rates set by the European Central Bank |