Base Rate in UAE
The Base Rate ended 2022 at 4.40%, substantially higher than the 2021 value of 1.50% and quadruple the 1.00% value a decade prior. Conversely, the Middle East & North Africa region's average rate at the end of 2022 was 5.80%. For more interest rate information, visit our dedicated page.
UAE Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for UAE from 2022 to 2021.
Source: Macrobond.
UAE Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Base Rate (%, eop) | 2.00 | 1.25 | 1.50 | 4.40 | 5.40 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Emirati interest rate projections for the next ten years from a panel of 6 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 Emirati interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Emirati interest rate projections.
Want to get access to the full dataset of Emirati interest rate forecasts? Send an email to info@focus-economics.com.