The bank lending interest rate in Angola in 2023 stood at 16.21 units. Over the past two years, there was a noticeable year-on-year decrease from 2022 to 2023, with rates dropping by approximately -19.4%. The Compound Annual Growth Rate (CAGR) indicates an average yearly decline of -0.57% over the last five years. When projecting into the future, the forecasted data shows a continued decrease, reaching 15.59 units by 2028, reflecting an overall -2.81% drop over this period.
Future trends to watch for include potential macroeconomic shifts that could modify lending rates, government monetary policies aimed at economic stability, and fluctuations in global oil prices impacting Angola's economy and banking sector. These factors will be critical in shaping the trajectory of bank lending interest rates in the coming years.
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