Angola interest rate
National Bank of Angola
- Policy rate
- 17.00%
- Aug 2026
- Last move
- −0.50 pt
- May 2026
- Inflation
- 8.8%
- Aug 2026
- 10-year bond yield
- 17.22%
- Aug 2026
The policy rate set by the National Bank of Angola is 17.00% as of Aug 2026. Its most recent move: it cut its rate from 17.50% to 17.00% (May 2026). The rate is 2.00 percentage points lower than a year earlier. With consumer prices up 8.8% over the 12 months to Aug 2026, the real rate (policy rate minus inflation) is +8.2%: borrowing costs are above inflation.
Policy rate over the past two years
Aug 2026: 17.00%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| May 2026 | Cut | 17.50% | 17.00% | −0.50 pt |
| Jan 2026 | Cut | 18.50% | 17.50% | −1.00 pt |
| Nov 2025 | Cut | 19.00% | 18.50% | −0.50 pt |
| Sep 2025 | Cut | 19.50% | 19.00% | −0.50 pt |
Changes between month-end rates. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Aug 2026: 8.8%
10-year government bond yield
Aug 2026: 17.22%
Other central banks in Africa
Source: IMF monetary statistics; inflation: IMF CPI; bond yield: IMF monetary statistics. Updated daily. All central bank rates · Angola economy dashboard