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.
| Country or currency union |
Nominal central bank interest rate (%) |
Change since most recent decision |
Effective date of last change |
|---|---|---|---|
| 6.00 | 24 July 2021[1] | ||
| 2.50 | 2 July 2025[2] | ||
| 3.00 | 29 April 2020[3] | ||
| 17.00 | 14 May 2026[4] | ||
| 29.00 | 31 January 2025[5] | ||
| 6.50 | 16 December 2025[6] | ||
| 4.35 | 6 May 2026[7] | ||
| 6.50 | 4 February 2026[8] | ||
| 4.00 | 22 December 2016[9] | ||
| 4.25 | 11 December 2025[10] | ||
| 10.00 | 27 October 2024[11] | ||
| 2.00 | 1 April 2020[12] | ||
| 9.25 | 20 May 2026[13] | ||
| 3.26 | 1 December 2025[14] | ||
| 5.50 | 30 April 2026[15] | ||
| 14.25 | 18 June 2026[16] | ||
| 1.81 | 1 December 2025[17] | ||
| 2.25 | 30 October 2025[18] | ||
| 1.50 | 16 May 2024[19] | ||
| Central African States | 4.50 | 24 March 2025[20] | |
| 4.50 | 16 December 2025[21] | ||
| 3.00 | 20 May 2025[22] | ||
| 12.00 | 30 June 2026[23] | ||
| 3.50 | 18 September 2025[24] | ||
| 13.50 | 9 April 2026[25] | ||
| 4.50 | 22 September 2025[26] | ||
| 3.50 | 9 May 2025[27] | ||
| 1.85 | 12 June 2026[28] | ||
| 5.50 | 30 September 2025[29] | ||
| Eastern Caribbean | 3.00 | 28 January 2024[30] | |
| 19.00 | 12 February 2026[31] | ||
| 6.75 | 30 May 2025[32] | ||
| 15.00 | 9 July 2024[33] | ||
| 2.40 | 11 June 2026[34] | ||
| 0.25 | 18 March 2020[35] | ||
| 14.00 | 26 February 2026[36] | ||
| 8.25 | 7 May 2026[37] | ||
| 14.00 | 18 March 2026[38] | ||
| 4.00 | 24 September 2025[39] | ||
| 5.75 | 28 October 2024[40] | ||
| 4.00 | 11 December 2025[41] | ||
| 6.00 | 23 June 2026[42] | ||
| 7.75 | 20 May 2026[43] | ||
| 5.25 | 5 December 2025[44] | ||
| 5.75 | 18 June 2026[45] | ||
| 23.00 | 8 March 2023[46] | ||
| 3.75 | 25 May 2026[47] | ||
| 5.75 | 21 May 2025[48] | ||
| 1.00 | 16 June 2026[49] | ||
| 5.75 | 14 December 2025[50] | ||
| 17.00 | 5 June 2026[51] | ||
| 8.75 | 10 February 2026[52] | ||
| 3.50 | 11 December 2025[53] | ||
| 12.00 | 24 February 2026[54] | ||
| 20.00 | April 2023[55] | ||
| 6.50 | 25 November 2025[56] | ||
| 16.25 | 7 October 2025[57] | ||
| 4.00 | 11 December 2025[58] | ||
| 24.00 | 5 March 2026[59] | ||
| 2.75 | 9 July 2025[60] | ||
| 4.50 | 4 February 2025[61] | ||
| 6.50 | 7 May 2026[62] | ||
| 7.00 | 18 June 2026[63] | ||
| 12.00 | 10 March 2025[64] | ||
| 2.25 | 18 March 2025[65] | ||
| 9.25 | 28 February 2026[66] | ||
| 6.75 | 17 June 2026[67] | ||
| 2.25 | 26 November 2025[68] | ||
| 6.00 | 2 October 2025[69] | ||
| 26.50 | 23 February 2026[70] | ||
| 4.25 | 16 June 2026[71] | ||
| 4.25 | 7 May 2026[72] | ||
| 4.50 | 29 October 2025[73] | ||
| 11.50 | 27 April 2026[74] | ||
| 5.00 | 2 September 2025[75] | ||
| 5.75 | 21 February 2026[76] | ||
| 4.25 | 11 September 2025[77] | ||
| 4.75 | 18 June 2026[78] | ||
| 3.75 | 4 March 2026[79] | ||
| 4.10 | 11 December 2025[80] | ||
| 6.50 | 8 August 2024[81] | ||
| 14.25 | 19 June 2026[82] | ||
| 8.25 | 21 May 2026[83] | ||
| 2.95 | January 2026[84] | ||
| 4.25 | 10 December 2025[85] | ||
| 5.75 | 12 September 2024[86] | ||
| 1.75 | 26 March 2024[87] | ||
| 16.75 | 16 December 2025[88] | ||
| 4.50 | 22 September 2025[89] | ||
| 7.00 | 1 June 2026[90] | ||
| 2.50 | 29 May 2025[91] | ||
| 13.00 | 10 June 2025[92] | ||
| 8.75 | 26 May 2026[93] | ||
| 10.00 | 18 September 2013[94] | ||
| 1.75 | 1 October 2025[95] | ||
| 0.00 | 20 June 2025[96] | ||
| 2.00 | 22 March 2024[97] | ||
| 7.00 | 2 February 2026[98] | ||
| 6.25 | 3 July 2026[99] | ||
| 1.50 | 13 August 2025[100] | ||
| 3.50 | 17 March 2020[101] | ||
| 7.50 | 27 March 2025[102] | ||
| 37.00 | 23 January 2026[103] | ||
| 9.75 | 7 October 2024[104] | ||
| 15.50 | 7 March 2025[105] | ||
| 3.65 | 11 December 2025[106] | ||
| 3.75 | 18 December 2025[107] | ||
| 3.75 | 11 December 2025[108] | ||
| 5.75 | 3 March 2026[109] | ||
| 14.00 | 24 March 2025[110] | ||
| 58.91 | 4 January 2026[111] | ||
| 4.50 | 16 June 2023[112] | ||
| West African States | 3.25 | 16 June 2025[113] | |
| 27.00 | 19 September 2018[114] | ||
| 13.25 | 13 May 2026[115] | ||
| 30.00 | 15 June 2026[116] |
Economists generally argue real interest rates, which are adjusted for inflation, tend to be more important than nominal rates when assessing monetary policy.[117][118]
See also
editReferences
edit- ↑ "The Monetary Policy Committee (MPC) Meeting" (PDF). Da Afghanistan Bank. 24 July 2021. Retrieved 30 July 2023.
- ↑ "Latest monetary policy decision and calendar". Bank of Albania. Retrieved 12 July 2025.
- ↑ "TENDANCES MONETAIRES ET FINANCIERES - Premier Semestre 2022" (PDF). Bank of Algeria (in French). p. 29. Retrieved 14 March 2023.
- ↑ "Angola central bank cuts key rate by 50 basis points". CNBC Africa. 14 May 2026. Retrieved 14 May 2026.
- ↑ Bianchi, Walter (30 January 2025). "Argentina central bank cuts interest rate to 29%, from 32%". Reuters. Retrieved 15 February 2024.
- ↑ "MP Instruments Interest Rates". Central Bank of Armenia. Retrieved 16 December 2025.
- ↑ "Cash Rate Target". Reserve Bank of Australia. Retrieved 5 May 2026.
- ↑ "Central Bank cuts refinancing rate and other interest rate corridor parameters by 0.25 pp". Central Bank of Azerbaijan. 4 February 2026. Retrieved 4 February 2026.
- ↑ "Money & Credit Aggregates". Central Bank of The Bahamas. Retrieved 3 February 2023.
- ↑ "CBB Cuts Overnight Deposit Interest Rate by 25 basis points". Central Bank of Bahrain. 10 December 2025.
- ↑ Paul, Ruma (22 October 2024). "Bangladesh announces policy rate rise to combat inflation". Reuters. Retrieved 21 June 2025.
- ↑ "Central Bank of Barbados Announces Monetary Policy Measures". Central Bank of Barbados. 30 March 2020. Retrieved 4 February 2023.
- ↑ "Belarus' central bank drops refinancing rate to 9.25%". belarus.by. 20 May 2026. Retrieved 20 May 2026.
- ↑ "INFORMACIÓN SOBRE EL INTERÉS QUE SE PAGA POR UN PRÉSTAMO" [Information About the Interest Paid on a Loan] (PDF). Banco Central de Bolivia (in Spanish). 1 December 2025. Retrieved 8 December 2025.
- ↑ "Monetary Policy Committee Meets" (PDF). Bank of Botswana. 30 April 2026.
- ↑ "Brazil Central Bank Cuts Interest Rate to 14.25% and Inches Toward Pause to Easing". Bloomberg News. 18 June 2026. Retrieved 18 June 2026.
- ↑ "Base Interest Rate". Bulgarian National Bank. Retrieved 10 December 2025.
- ↑ "Policy interest rate". Bank of Canada. Retrieved 29 October 2025.
- ↑ "Interest rates". Banco de Cabo Verde (in Portuguese). Retrieved 3 November 2024.
- ↑ "COMITE DE POLITIQUE MONETAIRE Séance ordinaire du 24 mars 2025 COMMUNIQUE DE PRESSE" (PDF). Bank of Central African States (in French). 24 March 2025. Retrieved 21 June 2025.
- ↑ "Press Release MPM december 2025". Central Bank of Chile. 16 December 2025. Retrieved 16 December 2025.
- ↑ "Chinese Banks Cut Benchmark Lending Rates After PBOC Easing". Bloomberg. 20 May 2025. Retrieved 5 May 2026.
- ↑ "Colombia Raises Interest Rate to 12% After Court Ends Crisis". Bloomberg News. 30 June 2026. Retrieved 30 June 2026.
- ↑ "Junta Directiva del BCCR reduce la Tasa de Política Monetaria en 25 puntos base y la ubica en 3,50% anual" [The Board of Directors of the BCCR reduces the Monetary Policy Rate by 25 basis points, setting it at 3.50% annually] (PDF). Central Bank of Costa Rica (in Spanish). 17 July 2025. Retrieved 13 October 2025.
- ↑ "Taux Directeur(Prêt à Court Terme )". Banque Centrale du Congo (in French). Retrieved 9 April 2026.
- ↑ "PB2025-040 CBCS lowers pledging rate". Centrale Bank van Curaçao en Sint Maarten. 22 September 2025. Retrieved 29 October 2025.
- ↑ "Bank Board decisions". Czech National Bank. Retrieved 8 May 2025.
- ↑ "Interest rate increase". Danmarks Nationalbank. Retrieved 12 June 2026.
- ↑ "BCRD reduce su tasa de política monetaria en 25 puntos básicos, de 5.75 % a 5.50 % anual" [CBDR reduces its monetary policy rate by 25 basis points from 5.75% to 5.50% per annum]. Banco Central República Dominicana (in Spanish). 29 December 2024. Retrieved 29 October 2025.
- ↑ "Positive economic growth outlook for ECCU member states". loopnews.com. 19 February 2024. Retrieved 7 March 2024.
- ↑ "MPC Press Release 12 February 2026". Central Bank of Egypt. 12 February 2026. Retrieved 12 February 2026.
- ↑ "MPCC Statement – 30 May 2025". Central Bank of Eswatini. 30 May 2025. Retrieved 19 December 2025.
- ↑ "The National Bank Of Ethiopia announces the launch of a new monetary policy framework". National Bank of Ethiopia. 9 July 2024. Retrieved 9 July 2024.
- ↑ "Key ECB interest rates". European Central Bank. Retrieved 11 June 2026.
- ↑ "Press Release No 07 – RBF Reduces Overnight Policy Rate". Reserve Bank of Fiji. 18 March 2020. Retrieved 4 February 2023.
- ↑ "Monetary Policy Rate". Central Bank of The Gambia. Retrieved 26 February 2026.
- ↑ "Monetary Policy Rate". National Bank of Georgia. Retrieved 7 May 2026.
- ↑ "MPC Press Release – March 2026" (PDF). Bank of Ghana. Retrieved 18 March 2026.
- ↑ "LA JUNTA MONETARIA REDUCE EN 25 PUNTOS BÁSICOS LA TASA DE INTERÉS LÍDER DE POLÍTICA MONETARIA" [The Monetary Board reduces its key policy interest rate by 25 basis points] (PDF). Banco de Guatemala (in Spanish). 27 November 2024. Retrieved 30 October 2025.
- ↑ "BCH sube tasa de política monetaria 1,75 puntos, hasta 5,75 % anual" [Monetary Policy Interest Rate]. La Tribuna (in Spanish). 26 October 2024. Retrieved 18 December 2024.
- ↑ "Adjustment of Base Rate". Hong Kong Monetary Authority. 11 December 2025.
- ↑ "Press release on the Monetary Council meeting of 23 June 2026". Magyar Nemzeti Bank. 23 June 2026. Retrieved 23 June 2026.
- ↑ "Key interest rate (%)". Central Bank of Iceland. Retrieved 20 May 2026.
- ↑ "Monetary Policy Statement, 2025-26 Resolution of the Monetary Policy Committee December 3 to 5, 2025". Reserve Bank of India. 5 December 2025.
- ↑ "Indonesia central bank announces 25bp rate hike; third increase since March". icis.com. Retrieved 18 June 2026.
- ↑ "Policy Rates". Central Bank of the Islamic Republic of Iran. Retrieved 20 July 2024.
- ↑ "The Monetary Committee decides on May 25, 2026 to lower the interest to 3.75 percent". Bank of Israel. 25 May 2026.
- ↑ "Monetary Policy Decisions & Schedule". Bank of Jamaica. Retrieved 21 May 2025.
- ↑ "Change in the Guideline for Money Market Operations (June 2026 MPM)" (PDF). Bank of Japan. 16 June 2026.
- ↑ "Monetary Policy Interest Rates". Central Bank of Jordan. Retrieved 11 December 2025.
- ↑ "Base rate lowered to 17.00%". National Bank of Kazakhstan. Retrieved 5 June 2026.
- ↑ "Central Bank Rate". Central Bank of Kenya. Retrieved 10 February 2026.
- ↑ "CBK Cuts the discount rate by 25 basis points to 3.50%". Central Bank of Kuwait. 10 December 2025.
- ↑ "Policy rate of the National Bank of the Kyrgyz Republic". National Bank of the Kyrgyz Republic. Retrieved 24 February 2026.
- ↑ "REPO RATE". Banque du Liban. 8 May 2023.
- ↑ "Statement of the 116th Monetary Policy Committee (MPC)". Central Bank of Lesotho. 25 November 2025. Retrieved 19 December 2025.
- ↑ "Central Bank of Liberia Cuts Monetary Policy Rate to Support Economic Growth". Central Bank of Liberia. 7 October 2025. Retrieved 7 October 2025.
- ↑ "AMCM Base Rate". Monetary Authority of Macao. 11 December 2025. Retrieved 30 October 2025.
- ↑ "Malawi central bank cuts key rate as inflation gradually eases". Reuters. 5 March 2026.
- ↑ "Monetary Policy Statement". Bank Negara Malaysia. 9 July 2025. Retrieved 12 July 2025.
- ↑ "Key Rate". Bank of Mauritius. Retrieved 6 February 2025.
- ↑ "Banxico Overnight Interbank Target Rate - Mexico". 7 May 2026. Retrieved 7 May 2026.
- ↑ "The base rate has been raised to 7% per year". Logos Press. Retrieved 18 June 2026.
- ↑ "Official Interest Rates of BOM". Mongolbank. Retrieved 10 March 2025.
- ↑ Souhail, Karam (18 March 2025). "Morocco Surprises With Rate Cut on Signs Inflation Under Control". Bloomberg News. Retrieved 24 March 2025.
- ↑ "MIMO RATE REDUCED TO 9.25%". Banco de Moçambique. 28 February 2026. Retrieved 28 February 2026.
- ↑ "Namibia raises key rate, forecasts worse inflation outlook on higher oil prices". Reuters. 17 June 2026.
- ↑ "Past monetary policy decisions". Reserve Bank of New Zealand. 16 February 2023. Retrieved 8 December 2025.
- ↑ "BCN reduce la Tasa de Referencia Monetaria de 6.25 a 6.00 por ciento" [The BCN has lowered the Monetary Policy Rate from 6.25 to 6.00 percent]. Banco Central de Nicaragua (in Spanish). 2 October 2025. Retrieved 19 December 2025.
- ↑ Bala-Gbogbo, Elisha; Ohuocha, Chijioke. "Monetary Policy Decisions". Central Bank of Nigeria. Retrieved 23 February 2026.
- ↑ "North Macedonia raises key interest rate to 4.25%". Intellinews. 16 June 2026.
- ↑ "Changes in the policy rate". Norges Bank. 14 November 2007. Retrieved 7 May 2026.
- ↑ "Repo Rate for Local Banks deceases by 25 Basis Points". Central Bank of Oman. 28 October 2025.
- ↑ "Monetary Policy Statement" (PDF). State Bank of Pakistan. 27 April 2026.
- ↑ "Kina Facility Rates". Bank of Papua New Guinea. Retrieved 13 October 2025.
- ↑ Parks, Ken (21 February 2026). "Paraguay Cuts Rate to 5.5%, Sees Low Inflation Most of 2026". BNN Bloomberg. Retrieved 5 May 2026.
- ↑ "MONETARY POLICY STATEMENT SEPTEMBER 2025 BCRP REDUCED THE REFERENCE RATE TO 4.25%" (PDF). Central Reserve Bank of Peru. 11 September 2025.
- ↑ "Philippines Hikes Rate Again to Temper War-Driven Inflation". Bloomberg News. Retrieved 18 June 2026.
- ↑ "Interest rates". Narodowy Bank Polski - Internetowy Serwis Informacyjny. Retrieved 5 March 2026.
- ↑ "Monetary Policy Committee Resolution on Monetary Policy Instruments -December 2025". Qatar Central Bank. 10 December 2025.
- ↑ "Monetary Policy and Standing Facilities Interest Rates". Banca Naţională a României. Retrieved 8 August 2024.
- ↑ "Bank of Russia cuts the key rate by 25 bp to 14.25% p.a." Central Bank of Russia. 19 June 2026.
- ↑ "The National Bank of Rwanda raises the Central Bank Rate to 8.25 percent as inflation pressures increas" (PDF). National Bank of Rwanda. 21 May 2026.
- ↑ "Welcome to the Central Bank of Samoa - Key statistics". Central Bank of Samoa. Retrieved 27 October 2024.
- ↑ "Repo Rate". Saudi Central Bank. Retrieved 10 December 2025.
- ↑ "Key policy rate cut to 5.75%". National Bank of Serbia. 12 September 2024.
- ↑ "Monetary Policy Rate is lowered to 1.75% for Q2 2024" (PDF). Central Bank of Seychelles. 26 March 2024. Retrieved 5 October 2024.
- ↑ "Monetary Policy Statement" (PDF). Bank of Sierra Leone. Retrieved 16 December 2025.
- ↑ "CBCS lowers pledging rate". Centrale Bank van Curaçao en Sint Maarten. 22 September 2025. Retrieved 13 October 2025.
- ↑ "Repo rate". South African Reserve Bank. Retrieved 1 June 2026.
- ↑ "The Bank of Korea Base Rate". Bank of Korea. Retrieved 7 June 2025.
- ↑ "Press Statement". Bank of South Sudan. 10 June 2025. Retrieved 10 June 2025.
- ↑ "The Central Bank of Sri Lanka increases the Overnight Policy Rate (OPR)". Central Bank of Sri Lanka. 26 May 2026. Retrieved 16 June 2026.
- ↑ "INTEREST RATES". Central Bank of Suriname. Retrieved 25 March 2024.
- ↑ "Policy rate, deposit and lending rate". Sveriges Riksbank. Retrieved 13 October 2025.
- ↑ "Current interest rates and exchange rates". Swiss National Bank. Retrieved 21 June 2025.
- ↑ "Discount Rate". Central Bank of the Republic of China (Taiwan). Retrieved 22 March 2024.
- ↑ "Monetary policy rates (% per annum)". National Bank of Tajikistan. Retrieved 2 February 2026.
- ↑ "Monetary Policy Committee Statement" (PDF). Bank of Tanzania. 3 July 2026. Retrieved 3 July 2026.
- ↑ "Policy Interest Rate". Bank of Thailand. Retrieved 18 August 2025.
- ↑ "CENTRAL BANK REDUCES REPO RATE BY 150 BASIS POINTS; LOWERS RESERVE REQUIREMENT BY 3 PER CENT" (PDF). Central Bank of Trinidad and Tobago. 17 March 2020. Retrieved 30 October 2025.
- ↑ "PRESS RELEASE OF THE BCT'S EXECUTIVE BOARD MEETING HELD ON 26 MARCH 2025". Banque Centrale de Tunisie. 26 March 2025. Retrieved 30 April 2025.
- ↑ "1 Week Repo". Central Bank of the Republic of Turkey. Retrieved 23 January 2026.
- ↑ "Monetary Policy Statement for October 2024" (PDF). Bank of Uganda. 7 October 2024. Retrieved 14 October 2024.
- ↑ "NBU Key Policy Rate". National Bank of Ukraine. Retrieved 10 March 2025.
- ↑ "CBUAE Lowers the Base Rate by 25 Basis Points" (PDF). Central Bank of the United Arab Emirates. 10 December 2025.
- ↑ "Interest rates and Bank Rate". Bank of England. Retrieved 19 December 2025.
- ↑ "Federal Reserve issues FOMC statement". Federal Reserve. 10 December 2025.
- ↑ "El Banco Central del Uruguay reduce la tasa de interés en 75 puntos básicos hasta 5,75%" [El Banco Central del Uruguay reduce la tasa de interés en 75 puntos básicos hasta 5,75%]. Central Bank of Uruguay (in Spanish). 3 March 2026. Retrieved 3 March 2026.
- ↑ "Policy rate levels". Central Bank of the Republic of Uzbekistan. Retrieved 30 April 2025.
- ↑ "Venezuela has increased its interest rates". Retrieved 3 January 2026.
- ↑ "Interest Rate". State Bank of Vietnam. Retrieved 13 October 2025.
- ↑ "Réunion ordinaire du Comité de Politique Monétaire de la BCEAO tenue le 4 juin 2025". Central Bank of West African States (in French). 1 March 2023. Retrieved 12 July 2025.
- ↑ "Yemen central bank nearly doubles interest rate to halt riyal plunge". Arab News. Retrieved 19 September 2018.
- ↑ "Monetary Policy Committee Statement May 2026". Bank of Zambia. 13 May 2026.
- ↑ "Resolutions of The Monetary Policy Committee meeting held on 15 June 2026" (PDF). Reserve Bank of Zimbabwe. 15 June 2026.
- ↑ Laubach, Thomas; Williams, John C. (2003). "Measuring the Natural Rate of Interest". Review of Economics and Statistics. 85 (4): 1063–1070. doi:10.1162/003465303772815934. ISSN 0034-6535. Retrieved 4 June 2026.
- ↑ Giammarioli, Nicola; Valla, Natacha (2004). "The natural real interest rate and monetary policy: a review". Journal of Policy Modeling. 26 (5): 641–660. doi:10.1016/j.jpolmod.2004.01.007. Retrieved 4 June 2026.