Average Lending Rate in Nicaragua
The average lending rate in Nicaragua ended 2022 at 9.23%, below the 2021 figure of 9.62% and down from the decade-ago reading of 14.98%.
Nicaragua Interest Rate Chart
Note: This chart displays 3-Month EURIBOR (%, eop) for Nicaragua from 2017 to 2016.
Source: Macrobond.
Nicaragua Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Average Lending Rate (%, aop) | 12.46 | 11.18 | 9.62 | 9.23 | 9.48 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nicaraguan interest rate projections for the next ten years from a panel of 2 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 Nicaraguan interest rate.
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