Ethiopia NBE National Bank Rate (policy rate)
Ethiopia NBE National Bank Rate (policy rate) is 16 percent, in force since 13 Jul 2026. It was 15 percent before that. Last checked against the official source on 14 Sep 2026.
National Bank of Ethiopia (NBE) policy interest rate — the National Bank Rate (NBR) — the primary signalling tool of the interest-rate-based monetary policy framework launched in July 2024, with a +/- 3 percentage-point interest-rate corridor. Set by the Monetary Policy Committee (MPC).
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| Current value | 16 percent |
|---|---|
| In force from | 2026-07-13 |
| Official source | National Bank of Ethiopia — Monetary Policy Committee Meeting No. 7 (13 July 2026) |
| Last verified | 2026-09-14 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
NBE Governor statement, MPC Meeting No. 7, 13 July 2026. MPC webpage stated +1.0 pp without the new level; PDF quotes 16%.
Earlier values
| From | Value | Source |
|---|---|---|
| 2024-07-09 | 15 | National Bank of Ethiopia — Announcement of the launch of a… |
Get it programmatically
curl https://afriref.dev/v1/et/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/et/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/et/policy-rateOther Ethiopia series: VAT standard rate · VAT registration threshold · National minimum wage (none in force) · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Legal interest / interest for default · Personal income tax brackets · Statutory social-insurance contributions
The same figure elsewhere: Gabon · Ghana · Kenya · Lesotho · Mali · all 34