Policy Interest Rate in Dominica
The policy rate ended 2022 at 1.55%, slightly down from the 1.56% end-2021 value and significantly lower than the reading of 3.02% a decade earlier. For more interest rate information, visit our dedicated page.
Dominica Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Dominica from 2014 to 2023.
Source: Macrobond.
Dominica Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 1.75 | 1.76 | 1.56 | 1.55 | 1.58 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominicane interest rate projections for the next ten years from a panel of 1 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 Dominicane interest rate.
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