Policy Interest Rate in Cabo Verde
The policy rate ended 2022 at 7.83%, up from the 7.62% end-2021 value and down from the reading of 10.52% a decade earlier. For more interest rate information, visit our dedicated page.
Cabo Verde Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Cabo Verde from 2013 to 2023.
Source: Macrobond.
Cabo Verde Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 9.14 | 8.19 | 7.62 | 7.83 | 7.53 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Cabo Verdean interest rate projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Cabo Verdean interest rate.
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