Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Bank of Venezuela Interest Rate

Interest Rate in Venezuela

Indicator Data Period
Interest Rate 55.78 % Jul/23


Latest data on Interest Rate (%)

Interest Rate
                     Venezuela - Historical Data (%)

What is Bank of Venezuela Interest Rate?

  • Interest Rate in Venezuela increased to 55.78 % in July 2023. The maximum level was 83.73 % and minimum was 12.79 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
55.78 Jul/23 14.08.2023
55.24 Jun/23 19.07.2023
53.62 May/23 28.06.2023
57.57 Apr/23 30.05.2023
59.3 Mar/23 04.05.2023
56.97 Feb/23 11.04.2023
59.3 Jan/23 07.03.2023
57.97 Dec/22 23.01.2023


Historical Chart by presidents (%)

Interest Rate in Venezuela by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicolás Maduro 05.03.2013 - 15.2700 21.0000 22.4900 15.2600 37.52%
Hugo Chávez 02.02.1999 - 05.03.2013 42.0900 16.4300 83.7300 12.7900 -60.96%
Rafael Caldera 02.02.1994 - 02.02.1999 64.6900 42.0900 64.6900 31.3500 -34.94%

Other money indicators in Venezuela

Index Updated Actual Previous
Interbank Rate Dec/16 22 % 22.49
Money Supply M1 Aug/23 44.992 B USD 46.524
Central Bank Balance Sheet Aug/23 976.149 B USD 926.377
Deposit Interest Rate Oct/23 36 % 36
Foreign Direct Investment 1Q/19 0.105 B USD 0.197
Private Sector Credit  Aug/23 1.503 B USD 1.312

Interest Rate in other countries

Country Updated Actual Previous
Colombia Sep/23 13.25 % 13.25
Panama Jul/18 1.36 % 1.35
Honduras Aug/23 3 % 3
Brazil Sep/23 12.75 % 13.25
Chile Sep/23 9.5 % 10.25
Paraguay Sep/23 8 % 8.25
Argentina Oct/23 118 % 118
Canada Sep/23 5 % 5
Ecuador Aug/23 9.29 % 9.02
Mexico Sep/23 11.25 % 11.25
Peru Oct/23 7.25 % 7.5
United States Sep/23 5.5 % 5.5
Uruguay Oct/23 9.5 % 10
Jamaica Sep/23 7 % 7
Suriname 2Q/23 10 % 10
Venezuela Jul/23 55.78 % 55.24
Belize Aug/23 2.25 % 2.25
Cameroon Sep/23 5 % 5
Cape Verde Aug/23 1 % 1
Cuba Aug/23 2.25 % 2.25
Dominican Republic Sep/23 7.5 % 7.5
El Salvador Dec/22 5.02 % 3.43
Guyana Aug/23 5 % 5
Haiti Aug/23 17 % 17
Trinidad and Tobago Sep/23 3.5 % 3.5