List of countries by central bank interest rates
This is a list of countries by annualized interest rate set by the central bank for charging commercial, depository banks for loans to meet temporary shortages of funds.
List[]
Country or currency union |
Central bank interest rate (%) |
Date of last change |
Average inflation rate 2013–2017 (%) by WB and IMF[1][2] as in the List |
Central bank interest rate minus average inflation rate (2013–2017) |
Central bank interest rate divided by average inflation rate (2013–2017) |
---|---|---|---|---|---|
Albania | 0.50 | 25 March 2020[3] | 1.75 | -0.75 | 0.57 |
Angola | 20.00 | 2 July 2021[4] | 17.54 | -2.04 | 0.88 |
Argentina | 42.25 | 6 January 2022[5] | 31.17 | 6.83 | 2.18 |
Armenia | 9.25 | 16 March 2022[6] | 2.38 | 3.37 | 2.41 |
Australia | 0.10 | 3 November 2020[7] | 1.93 | -1.18 | 0.39 |
Azerbaijan | 7.00 | 29 October 2021[8] | 6.51 | 1.74 | 1.27 |
Bahamas | 4.00 | 22 December 2016 [5] | 0.97 | 3.03 | 4.10 |
Bahrain | 1.00 | 16 March 2020[9] | 2.40 | 0.10 | 1.04 |
Bangladesh | 4.00 | 19 July 2021[10] | 6.38 | -0.38 | 0.94 |
Barbados | 7.00 | 1 June 2009 [5] | 1.67 | 5.33 | 4.20 |
Belarus | 9.25 | 21 July 2021 [11] | 13.47 | -3.97 | 0.71 |
Bolivia | 4.00 | 3 November 2021[12] | |||
Botswana | 3.75 | 8 October 2020[13] | 3.89 | 1.11 | 1.29 |
Brazil | 11.75 | 16 March 2022[14] | 6.73 | -4.48 | 0.33 |
Bulgaria | 0.00 | 29 January 2016[5] | 0.12 | -0.12 | 0.00 |
Canada | 0.50 | 2 February 2022[15][16] | 1.40 | 0.35 | 1.25 |
Cape Verde | 5.50 | 7 June 2017[5] | 0.15 | 5.35 | 36.87 |
Central African States | 3.50 | 6 December 2021[17] | |||
Chile | 5.50 | 14 December 2021[18] | 3.30 | -1.55 | 0.53 |
China | 3.80 | 20 December 2021[19] | 1.93 | 2.27 | 2.17 |
Colombia | 4.00 | 17 December 2021[20] | |||
Costa Rica | 2.50 | 16 December 2021[21] | |||
DR Congo | 8.50 | 17 June 2021[22] | 11.46 | -2.46 | 0.79 |
Croatia | 3.00 | 17 September 2017[23] | |||
Czech Republic | 4.50 | 4 February 2022[24] | 1.04 | 0.96 | 1.92 |
Denmark | -0.60 | 30 September 2021[25] | 0.64 | -1.39 | -1.17 |
Dominican Republic | 5.00 | 4 January 2022[26] | 2.69 | 2.56 | 1.95 |
Eastern Caribbean | 6.50 | [5] | |||
Egypt | 8.75 | 12 November 2020[27] | 14.41 | -1.16 | 0.92 |
Eurozone | 0.00 | 10 March 2016[5][28] | |||
Fiji | 0.50 | 2 November 2011[5] | 2.40 | -1.90 | 0.21 |
Gambia | 10.00 | 28 May 2020[29] | 6.74 | 13.26 | 2.97 |
Georgia | 10.50 | 8 December 2021[30] | 2.93 | 4.07 | 2.39 |
Ghana | 14.50 | 24 November 2021[31] | 14.79 | 5.21 | 1.35 |
Guatemala | 1.75 | 1 June 2020[32] | |||
Honduras | 3.00 | 27 November 2020[33] | |||
Hong Kong | 0.86 | 16 March 2020[34] | 3.12 | -1.12 | 0.64 |
Hungary | 2.10 | 15 December 2021[35] | 0.83 | 0.07 | 1.08 |
Iceland | 2.75 | 9 February 2022[36] | 2.20 | 1.05 | 1.48 |
India | 4.00 | 22 May 2020[37] | 6.12 | -0.72 | 0.88 |
Indonesia | 3.50 | 1 August 2021[38] | 5.29 | 0.71 | 1.13 |
Iran | 18.00 | 1 May 2016 | 17.37 | 0.63 | 1.04 |
Israel | 0.10 | 6 April 2020[28] | 0.21 | 0.04 | 1.19 |
Jamaica | 2.50 | 20 December 2021[39] | 5.37 | -4.87 | 0.09 |
Japan | -0.10 | 29 January 2016[5] | -0.26 | 0.16 | 0.38 |
Jordan | 2.50 | 15 January 2021[40] | 5.37 | 1.85 | 1.90 |
Kazakhstan | 13.50 | 24 February 2022[41] | 8.21 | 0.79 | 1.10 |
Kenya | 7.00 | 1 October 2021[42] | 6.70 | 3.30 | 1.49 |
Kuwait | 1.50 | 27 October 2020[43] | 2.85 | -0.10 | 0.97 |
Kyrgyzstan | 10.00 | 1 March 2022[44] | 4.81 | 0.19 | 1.04 |
Malawi | 12.00 | 24 November 2020[45] | 21.26 | -7.76 | 0.64 |
Malaysia | 1.75 | 7 July 2020[46] | 2.66 | 0.34 | 1.13 |
Mauritius | 2.00 | 10 March 2022[47] | 2.53 | 1.47 | 1.58 |
Mexico | 6.00 | 10 February 2022[48] | 3.88 | 3.62 | 1.94 |
Moldova | 4.65 | 6 September 2021[49] | 6.45 | -3.2 | 0.5 |
Mongolia | 6.00 | 23 November 2020[50] | 6.80 | 4.20 | 1.62 |
Morocco | 1.50 | 15 December 2020 [51] | 1.26 | 0.99 | 1.79 |
Mozambique | 13.25 | 27 January 2021[52] | 8.40 | 4.35 | 1.52 |
Namibia | 4.00 | 12 February 2022[53] | 5.44 | 1.06 | 1.20 |
New Zealand | 1.00 | 13 February 2022[54] | 1.03 | -0.03 | 0.97 |
Nicaragua | 3.50 | 1 March 2021[55] | |||
Nigeria | 11.50 | 26 November 2020[56] | 11.49 | 2.01 | 1.18 |
North Macedonia | 1.25 | 13 October 2021[57] | 0.65 | 2.60 | 4.97 |
Norway | 0.50 | 16 December 2021[58] | 2.35 | -0.85 | 0.64 |
Pakistan | 9.75 | 14 December 2021[59] | 5.03 | 3.97 | 2.63 |
Paraguay | 5.75 | 21 December 2021[60] | 3.70 | 1.80 | 1.49 |
Peru | 4.00 | 10 March 2022[61] | 3.20 | -2.95 | 0.08 |
Philippines | 2.00 | 12 October 2021 [62] | 2.18 | 1.82 | 1.83 |
Poland | 3.50 | 9 March 2022[63] | 0.31 | 1.19 | 4.84 |
Qatar | 2.50 | 17 March 2020[64] | 2.27 | 2.73 | 2.21 |
Romania | 2.50 | 10 February 2022[65] | 0.83 | 1.67 | 3.00 |
Russia | 20.00 | 28 February 2022[66] | 8.10 | -3.85 | 0.52 |
Rwanda | 5.00 | 15 February 2022[67] | 5.22 | 0.78 | 1.15 |
Samoa | 0.19 | 1 June 2019[5] | 0.77 | -0.58 | 0.25 |
Saudi Arabia | 2.25 | 30 October 2019[5][28] | 2.31 | -0.06 | 0.97 |
Serbia | 1.00 | 1 June 2021[68] | 3.05 | -0.55 | 0.82 |
Seychelles | 2.00 | 5 July 2021[69] | |||
Sierra Leone | 14.00 | 15 October 2021[5] | 9.08 | 3.92 | 1.43 |
South Africa | 3.75 | 19 November 2021[70] | 5.64 | 0.86 | 1.15 |
South Korea | 1.00 | 24 November 2021[71] | 1.24 | 0.01 | 1.01 |
Sri Lanka | 6.50 | 1 March 2022[72] | 5.09 | 2.16 | 1.42 |
Sweden | 0.00 | 20 December 2018[5][28] | 0.50 | -0.75 | -0.50 |
Switzerland | -0.75 | 15 January 2015[5][28] | -0.26 | -0.49 | 2.91 |
Taiwan | 1.375 | 17 March 2022[73] | |||
Tajikistan | 12.00 | 29 April 2021[74] | 6.03 | 7.22 | 2.20 |
Thailand | 0.50 | 23 December 2020[75] | 0.80 | 0.70 | 1.88 |
Trinidad and Tobago | 3.50 | 30 December 2020[76] | 4.09 | 5.16 | 2.26 |
Tunisia | 6.25 | 1 October 2020[77] | 4.93 | 2.82 | 1.57 |
Turkey | 14.00 | 16 December 2021[78] | 8.58 | 5.42 | 1.63 |
Uganda | 6.50 | 16 June 2021[79] | 4.89 | 5.11 | 2.04 |
Ukraine | 10.00 | 20 January 2022 [80] | 16.73 | -10.23 | 0.36 |
UAE | 1.50 | 16 March 2020[81] | 2.22 | -0.22 | 0.90 |
United Kingdom | 0.75 | 17 March 2022[82] | 1.47 | -0.72 | 0.51 |
United States | 0.50 | 16 March 2022[5][83] | 2.33 | -2.08 | 0.11 |
Uruguay | 7.25 | 18 February 2022[84] | 8.39 | ||
Uzbekistan | 14.00 | 25 September 2020[85] | |||
Vietnam | 4.00 | 30 September 2020[86] | 3.65 | 2.35 | 1.64 |
West African States | 4.00 | 1 October 2021[5] | |||
Zambia | 9.00 | 24 November 2021[87] | 9.79 | 0.46 | 1.05 |
Zimbabwe | 60.00 | 28 October 2021 [88] |
References[]
- ^ "Inflation, consumer prices (annual %) | Data". data.worldbank.org. Retrieved 7 December 2019.
- ^ "Report for Selected Countries and Subjects". www.imf.org. Retrieved 7 December 2019.
- ^ "Albanian central bank lowers key interest rate to 0.5 pct". Xinhua.
- ^ "Angola Hikes Key Rate to Record High to Contain Inflation". bloomberg.
- ^ a b c d e f g h i j k l m n o p "Global Interest Rate Monitor (GIRM)". centralbanknews.info. Retrieved 4 July 2019.
- ^ "Armenia raises key refinancing rate to 7.75%". Reuters.
- ^ "Reserve Bank of Australia (RBA)". 3 November 2020. Retrieved 3 November 2020.
- ^ "Azerbaijan's Central Bank hikes refinancing rate to 7% pa". interfax.
- ^ "Bahrain central bank cuts key rates by 75 bps". Reuters.
- ^ "Bangladesh's monetary policy targets economic recovery". thefinancialexpress.
- ^ "Belarus' central bank to raise refinancing rate to 9.25% per annum on 21 July". belarus.by.
- ^ "INFORMACIÓN SOBRE EL INTERÉS QUE SE PAGA POR UN PRÉSTAMO" (PDF). bcb.gob.bo (in Spanish). Retrieved 27 October 2021.
- ^ "Botswana's Central Bank Cuts Key Interest Rate to Record Low". bloomberg.
- ^ "Copom eleva a taxa Selic para 11,75% a.a." Banco Central do Brasil (in Portuguese).
- ^ "Bank of Canada increases policy interest rate". www.bankofcanada.ca. Retrieved 3 March 2022.
- ^ Press, Jordan (2 March 2022). "Bank of Canada hikes key interest rate, revises inflation forecast". CP24. Retrieved 3 March 2022.
- ^ "BEAC raises interest rates". centralbanking.
- ^ "Banco Central de Chile vuelve a aplicar un alza histórica de las tasas de interés a 4%". larepublica.co (in Spanish). 13 October 2021.
- ^ "China cuts interest rates for first time in 20 months". BusinessTimes.
- ^ "Banco de la República sube tasa de interés a 3%". elcolombiano (in Spanish). Retrieved 18 December 2021.
- ^ "Costa Rica raises rates for first time in three years". centralbanking.
- ^ "Democratic Republic of Congo central bank cuts main rate to 8.5%". Reuters.
- ^ "Odluka o kamatnim stopama, diskontnoj (eskontnoj) stopi i naknadama Hrvatske narodne banke".
- ^ "Czech central bank again increases key interest rate". AP.
- ^ "Denmark Cuts Key Rate to Minus 0.6% to Defend Currency Peg". bloomberg.
- ^ "Dominican Republic ends 2021 with 100bp hike". CentralBanking.
- ^ "Egypt Cuts Rates for 2nd Time in Boost for Virus-Hit Economy". Bloomberg. 12 November 2020. Retrieved 15 November 2020.
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- ^ "Tasa de Interés Líder de Política Monetaria". banguat.gob.gt (in Spanish). Retrieved 30 October 2021.
- ^ "EL BANCO CENTRAL DE HONDURAS MANTIENE LA TASA DE POLÍTICA MONETARIA" (PDF). bch.hn (in Spanish). Retrieved 30 October 2021.
- ^ "Hong Kong's central bank cuts base rate to 0.86% after Federal Reserve move". Businesstimes.
- ^ "Hungary continues campaign of rate hikes". centralbanking.
- ^ "Central Bank Raises Key Interest Rate to 2%". Icelandreview.
- ^ "RBI cuts repo rate by 40 bps to 4%, maintains accommodative stance". The Economic Times.
- ^ "BI 7-DAY REVERSE REPO RATE HELD AT 3.50%: SYNERGY MAINTAINING STABILITY AND STRENGTHENING RECOVERY". Bank Indonesia.
- ^ "Bank of Jamaica raises monetary policy interest rate to 2.5%". JamaicaNews.
- ^ "Monetary Policy Interest Rates". Central Bank of Jordan.
- ^ "Kazakhstan's central bank raises policy rate to 9.75per cent". Channelnewsasia.com.
- ^ "Kenya's Central Bank maintains lending rate at 7%". cnbcafrica.com.
- ^ "Kuwait's central bank lowers rates by 0.125%, maintains discount rate - KUNA". Reuters.
- ^ "Kyrgyzstan raises key rate to 8.5%". akipress.com.
- ^ "Reserve Bank of Malawi cuts policy interest rate". country.eiu.
- ^ "Monetary Policy Statement". 7 October 2020.
- ^ "Key Repo Rate". Bank of Mauritius.
- ^ "Por quinta ocasión, Banxico sube a 5.5% tasa de interés". El pais (in Spanish). 11 November 2021. Retrieved 16 December 2021.
- ^ "Moldova makes second rate hike in two months". centralbanking.
- ^ "Central Bank lowers policy rate to 6 percent". montsame.mn.
- ^ "Morocco's central bank holds benchmark interest rate steady at 1.5%". reuters.com. 15 December 2020.
- ^ "Mozambique: Central bank keeps interest rate at 13.25%". clubofmozambique.
- ^ "Namibia Central Bank Holds Interest Rate at Record-Low 3.75%". bloomberg.
- ^ "New Zealand hikes interest rates for second straight month as inflation risks grow". CNBC.
- ^ "CORREDOR DE TASAS DE INTERÉS DEL BCN". bcn.gob.ni (in Spanish).
- ^ "CBN retains benchmark rate at 11.5%". premiumtimesng.
- ^ "N. Macedonia's c-bank holds policy rate at 1.25%". Seenews.
- ^ "Norway hikes interest rates, with more expected". Reuters.
- ^ "SBP increases policy rate by 100bps to 9.75%". thenews.
- ^ "Paraguay Lifts Benchmark Rate to Two-Year High of 5.25%". Bloomberg.
- ^ "Peru hikes rates 50bp again". CentralBanking. Retrieved 5 January 2022.
- ^ "BSP keeps interest rates at 2%, raises 2021 inflation forecast". cnnphilippines.
- ^ "Poland continues tightening in new year". CentralBanking.
- ^ "Qatar Central Bank lowers interest rates". The peninsula Qatar.
- ^ "Romanian MPC hikes rates again". CentralBanking.
- ^ "Russia hikes rate to 20% in emergency move, tells companies to sell FX". Reuters. Retrieved 28 February 2022.
- ^ "Rwanda's Central Bank maintains key repo rate at 4.5%". cnbcafrica.
- ^ "Interest rates". National Bank of Serbia.
- ^ "Seychelles central bank cuts policy rate by 100 basis points". centralbanking.
- ^ "South Africa's rate hike leaves uncertainty over the rand and economic growth". CNBC.
- ^ "South Korea raises interest rates as inflation, household risks grow". cnbc.
- ^ "Policy Interest Rates and Ratios". cbsl.gov.
- ^ "Central bank leaves interest rates unchanged". focustaiwan.tw.
- ^ "Tajik central bank raises its refinancing rate to 12.0 percent". asiaplustj.
- ^ "Thai interest rate unchanged but central bank cuts GDP outlook". asia.nikkei.com.
- ^ "Central Bank maintains 3.5% repo rate, notes uptick in food inflation". loopnews.com.
- ^ "Tunisian central bank keeps key rate unchanged at 6.25%". Zawya.
- ^ SABAH, DAILY (16 December 2021). "Turkish central bank slashes key policy rate to 14%". Daily Sabah. Retrieved 16 December 2021.
- ^ "Uganda's central bank cuts key lending rate to 6.5%". Reuters.
- ^ "Ukraine raises rate to 10% as inflation and Russia standoff weigh". Reuters.
- ^ "UPDATE 3-Gulf central banks cut rates as region's coronavirus cases near 1,000". Reuters.
- ^ "Bank Rate increased to 0.5% - February 2022". Bank of England.
- ^ "Fed triggers lift-off with 25bp hike". centralbanking.
- ^ "Uruguayan central bank speeds up monetary tightening". CentralBanking. Retrieved 6 January 2022.
- ^ "The Central Bank of Uzbekistan cuts the base rate to 14% per annum". gratanet.com.
- ^ "Vietnam Cuts Key Interest Rates to Aid Economic Recovery". bloomberg.
- ^ "Zambia Central Bank Hikes Key Lending Rate to 9% From 8.5% -- Update". marketwatch.
- ^ "Zimbabwe Sets Key Interest Rate at 60% to Halt Dollar Plunge". Bloomberg.
Categories:
- Lists of countries by economic indicator
- Interest rates