Cape Verde interest rate
- Policy rate
- 2.50%
- Jul 2026
- Last move
- None
- in the past year
- Inflation
- 0.4%
- Jul 2026
- 10-year bond yield
- –
- not available
The policy rate set by the central bank of Cape Verde is 2.50% as of Jul 2026. It has not changed the rate in the past year. With consumer prices up 0.4% over the 12 months to Jul 2026, the real rate (policy rate minus inflation) is +2.1%: borrowing costs are above inflation.
Policy rate over the past two years
Jul 2026: 2.50%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Mar 2025 | Hike | 2.25% | 2.50% | +0.25 pt |
| Jan 2025 | Hike | 1.75% | 2.25% | +0.50 pt |
| Nov 2024 | Hike | 1.50% | 1.75% | +0.25 pt |
Changes between month-end rates. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Jul 2026: 0.4%
Other central banks in Africa
Source: IMF monetary statistics; inflation: IMF CPI. Updated daily. All central bank rates · Cape Verde economy dashboard