Key data points
Last release
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Observation period
Jul 31, 2025
Next release
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Forecast
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Highest
72.60 % on Jan 31, 2000
Lowest
6.67 % on May 31, 2018
About Ecuador Interest Rate
In Ecuador, interest rate decisions are taken by the Central Bank of Ecuador´s Governing Council. The official interest rate is the Benchmark Lending Rate (Tasa Activa Referencial).
Related indicators
Frequently Asked Questions
Ecuador Interest Rate is 8.5% at the moment.
Last month Ecuador Interest Rate was 8.5%, and the month before it reached 8.46%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.