World Interest Rates
The World Interest Rates Table displays the current interest rates in the major countries of the world, as established by their individual Central Banks.
An economy's health is generally reflected in interest rates, as in optimal conditions, Central Banks would raise rates while the economy is expanding, to battle inflation and reduce interest rates in order to stimulate an economy that is deflating.
When an interest rate is increased, it discourages borrowing and encourages saving which eventually slows down the economy (since less money is spent) and thus decreasing inflation. Exactly the opposite happens when interest rates are decreased to stimulate and boost the economy.
Actual rates, the most recent policy changes, and the dates of upcoming meetings/decisions are all included in the table for the major economies. The table is updated on a daily basis.
| Country | Central Bank | Current Rate | Previous Rate | Mainīt | Last Meeting | Next Meeting | |
|---|---|---|---|---|---|---|---|
| Turkey | CBRT | Central Bank of the Republic of Turkey | 50.0% | 50.0% | 0bp | Oct 17, 2024 | 1h 48min |
| South Africa | SARB | South African Reserve Bank | 8.0% | 8.25% | -25bp | Sep 19, 2024 | 3h 48min |
| Egypt | CBE | Central Bank of Egypt | 27.25% | 27.25% | 0bp | Oct 17, 2024 | 7h 48min |
| Jamaica | BOJ | Bank of Jamaica | 6.5% | 6.75% | -25bp | Sep 30, 2024 | 12h 18min |
| Kyrgyzstan | KYRGYZ | National Bank of the Kyrgyz Republic | 9.0% | 9.0% | 0bp | Oct 29, 2024 | 3 days |
| Ghana | BOG | Bank of Ghana | 27.0% | 29.0% | -200bp | Sep 27, 2024 | 4 days |
| Israel | BOI | Bank of Israel | 4.5% | 4.5% | 0bp | Oct 09, 2024 | 4 days |
| Nigeria | CBN | Central Bank of Nigeria | 27.25% | 26.75% | 50bp | Sep 24, 2024 | 5 days |
| New Zealand | RBNZ | Reserve Bank of New Zealand | 4.75% | 5.25% | -50bp | Oct 09, 2024 | 5 days |
| Sri Lanka | CBSL | Central Bank of Sri Lanka | 8.25% | 8.25% | 0bp | Sep 27, 2024 | 5 days |
| Mozambique | BDM | Banco de Moçambique | 13.5% | 14.25% | -75bp | Sep 30, 2024 | 6 days |
| South Korea | BOK | The Bank of Korea | 3.25% | 3.5% | -25bp | Oct 11, 2024 | 6 days |
| Kazakhstan | NBK | National Bank of Kazakhstan | 14.25% | 14.25% | 0bp | Oct 11, 2024 | 7 days |
| Dominican Republic | BCRD | Central Bank of Dominican Republic | 6.25% | 6.5% | -25bp | Oct 31, 2024 | 8 days |
| Bulgaria | BNB | Bulgarian National Bank | 3.22% | 3.43% | -21bp | Nov 01, 2024 | 11 days |
| Namibia | BON | Bank of Namibia | 7.25% | 7.5% | -25bp | Oct 16, 2024 | 12 days |
| Poland | NBP | National Bank of Poland | 5.75% | 5.75% | 0bp | Nov 06, 2024 | 13 days |
| Botswana | BOBC | Bank of Botswana | 1.9% | 1.9% | 0bp | Nov 01, 2024 | 14 days |
| Kenya | CBK | Central Bank of Kenya | 12.0% | 12.75% | -75bp | Oct 08, 2024 | 14 days |
| India | RBI | Reserve Bank of India | 6.5% | 6.5% | 0bp | Oct 09, 2024 | 14 days |
| Australia | RBA | Reserve Bank of Australia | 4.35% | 4.35% | 0bp | Nov 05, 2024 | 18 days |
| Armenia | CBA | Central Bank of Armenia | 7.25% | 7.5% | -25bp | Oct 29, 2024 | 18 days |
| Canada | BOC | Bank of Canada | 3.75% | 4.25% | -50bp | Oct 23, 2024 | 20 days |
| Brazil | BCB | Banco Central do Brasil | 11.25% | 10.75% | 50bp | Nov 06, 2024 | 20 days |
| Uzbekistan | CBU | Central Bank of Uzbekistan | 13.5% | 13.5% | 0bp | Oct 28, 2024 | 20 days |
| Taiwan | CBC | Central Bank of the Republic of China (Taiwan) | 2.0% | 2.0% | 0bp | Sep 19, 2024 | 20 days |
| Switzerland | SNB | Swiss National Bank | 1.0% | 1.25% | -25bp | Sep 26, 2024 | 20 days |
| Serbia | NBS | National Bank of Serbia | 5.75% | 5.75% | 0bp | Nov 07, 2024 | 21 days |
| Ukraine | NBU | National Bank of Ukraine | 13.0% | 13.0% | 0bp | Oct 31, 2024 | 21 days |
| Latvia | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Luxembourg | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Euro Area | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Slovakia | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Slovenia | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Netherlands | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Ireland | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Italy | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Malta | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Spain | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Estonia | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Portugal | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Finland | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Austria | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Belgium | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Germany | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Cyprus | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| France | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Greece | ECB | European Central Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | 21 days |
| Peru | BCRP | Central Reserve Bank of Peru | 5.0% | 5.25% | -25bp | Nov 07, 2024 | 21 days |
| Pakistan | SBP | State Bank of Pakistan | 15.0% | 17.5% | -250bp | Nov 04, 2024 | 25 days |
| Morocco | BKAM | Bank Al-Maghrib | 2.75% | 2.75% | 0bp | Sep 24, 2024 | 26 days |
| Hungary | MNB | National Bank of Hungary | 6.5% | 6.5% | 0bp | Nov 19, 2024 | 26 days |
| Chile | BCCH | Banco Central de Chile | 5.25% | 5.5% | -25bp | Oct 17, 2024 | 26 days |
| Azerbaijan | CBA | Central Bank of the Republic of Azerbaijan | 7.25% | 7.25% | 0bp | Nov 01, 2024 | 26 days |
| Thailand | BOT | Bank of Thailand | 2.25% | 2.5% | -25bp | Oct 16, 2024 | 26 days |
| Indonesia | BI | Bank Indonesia | 6.0% | 6.0% | 0bp | Nov 20, 2024 | 26 days |
| Georgia | NBG | National Bank of Georgia | 8.0% | 8.0% | 0bp | Oct 23, 2024 | 26 days |
| Albania | BOA | Bank of Albania | 2.75% | 3.0% | -25bp | Nov 06, 2024 | 27 days |
| United States | FRB | Federal Reserve | 4.75% | 5.0% | -25bp | Nov 07, 2024 | 27 days |
| Japan | BOJ | Bank of Japan | 0.25% | 0.25% | 0bp | Oct 31, 2024 | 27 days |
| Philippines | BSP | Bangko Sentral ng Pilipinas | 6.0% | 6.25% | -25bp | Oct 16, 2024 | 27 days |
| Norway | NB | Norges Bank | 4.5% | 4.5% | 0bp | Nov 07, 2024 | 27 days |
| United Kingdom | BOE | Bank of England | 4.75% | 5.0% | -25bp | Nov 07, 2024 | 28 days |
| Czech Republic | CNB | Czech National Bank | 4.0% | 4.25% | -25bp | Nov 07, 2024 | 28 days |
| Moldova | NBM | National Bank of Moldova | 3.6% | 3.6% | 0bp | Nov 05, 2024 | 28 days |
| Mexico | BREMS | Banco de México | 10.25% | 10.5% | -25bp | Nov 14, 2024 | 28 days |
| Paraguay | BCP | Banco Central del Paraguay | 6.0% | 6.0% | 0bp | Nov 19, 2024 | 28 days |
| China | PBC | People's Bank of China | 3.1% | 3.1% | 0bp | Nov 20, 2024 | 28 days |
| Russia | CBR | Central Bank of Russia | 21.0% | 19.0% | 200bp | Oct 25, 2024 | 29 days |
| Mongolia | BOM | Mongolbank | 10.0% | 11.0% | -100bp | Sep 13, 2024 | 29 days |
| Uruguay | BCU | Banco Central del Uruguay | 8.5% | 8.5% | 0bp | Nov 14, 2024 | 32 days |
| Malawi | RBM | Reserve Bank of Malawi | 26.0% | 26.0% | 0bp | Jul 25, 2024 | 69 days |
| Zambia | BOZ | Bank of Zambia | 14.0% | 13.5% | 50bp | Nov 13, 2024 | 82 days |
| Sierra Leone | BSL | Bank of Sierra Leone | 24.75% | 24.25% | 50bp | Oct 01, 2024 | - |
| Costa Rica | BCCR | Central Bank of Costa Rica | 6.0% | 6.25% | -25bp | Dec 21, 2023 | - |
| Jordan | CBJ | Central Bank of Jordan | 7.0% | 7.5% | -50bp | Nov 03, 2022 | - |
| Kuwait | CBK | Central Bank of Kuwait | 4.0% | 4.25% | -25bp | Sep 18, 2024 | - |
| Bosnia and Herzegovina | CBBH | Central Bank of Bosnia and Herzegovina | 4.36% | 4.72% | -36bp | Sep 30, 2024 | - |
| Rwanda | BNR | National Bank of Rwanda | 6.5% | 7.0% | -50bp | Aug 21, 2024 | - |
| Sweden | SWESTR | Sveriges Riksbank | 2.75% | 3.25% | -50bp | Nov 07, 2024 | - |
| Uganda | BOU | Bank of Uganda | 9.75% | 10.0% | -25bp | Oct 07, 2024 | - |
| Barbados | CBB | Central Bank Of Barbados | 2.0% | 2.0% | 0bp | Oct 31, 2024 | - |
| Comoros | BCC | Banque Centrale des Comores | 3.08% | 2.87% | 21bp | Dec 31, 2022 | - |
| Croatia | HNB | Croatian National Bank | 3.4% | 3.65% | -25bp | Oct 17, 2024 | - |
| New Caledonia | IEOM | Institute of Overseas Issuance | 4.0% | 4.25% | -25bp | Oct 31, 2024 | - |
| Guinea Bissau | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Oct 31, 2024 | - |
| Suriname | CBVS | Central Bank of Suriname | 10.0% | 10.0% | 0bp | Oct 31, 2024 | - |
| Sao Tome and Principe | BCSTP | Central Bank of Sao Tome and Principe | 10.0% | 10.0% | 0bp | Oct 31, 2024 | - |
| Cape Verde | BCV | Banco de Cabo Verde | 1.5% | 1.5% | 0bp | Aug 31, 2024 | - |
| Ethiopia | NBE | National Bank of Ethiopia | 7.0% | 7.0% | 0bp | Oct 31, 2024 | - |
| Romania | BNR | National Bank of Romania | 6.5% | 6.5% | 0bp | Nov 08, 2024 | - |
| Myanmar | CBM | Central Bank of Myanmar | 9.0% | 9.0% | 0bp | Oct 31, 2024 | - |
| Denmark | DN | Danmarks Nationalbank | 2.85% | 3.1% | -25bp | Oct 17, 2024 | - |
| South Sudan | BOSS | Bank of South Sudan | 12.0% | 12.0% | 0bp | Oct 31, 2024 | - |
| Iceland | CBI | Central Bank of Iceland | 9.25% | 9.25% | 0bp | Nov 22, 2023 | - |
| Burkina Faso | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Sep 30, 2024 | - |
| Tajikistan | NBT | National Bank of Tajikistan | 13.0% | 13.5% | -50bp | Oct 26, 2022 | - |
| Bangladesh | BB | Bangladesh Bank | 10.0% | 9.5% | 50bp | Oct 27, 2024 | - |
| Ivory Coast | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Jun 04, 2024 | - |
| Senegal | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Sep 30, 2024 | - |
| Colombia | BRC | Banco de la República de Colombia | 9.75% | 10.25% | -50bp | Oct 31, 2024 | - |
| Argentina | BCRA | Central Bank of Argentina | 40.0% | 50.0% | -1000bp | May 15, 2024 | - |
| Tanzania | BOT | Bank of Tanzania | 6.0% | 6.0% | 0bp | Oct 03, 2024 | - |
| Honduras | BCH | Central Bank of Honduras | 5.75% | 4.0% | 175bp | Dec 19, 2022 | - |
| Nicaragua | BCN | Banco Central de Nicaragua | 7.0% | 7.0% | 0bp | Oct 31, 2024 | - |
| Mauritius | BOM | Bank of Mauritius | 4.0% | 4.5% | -50bp | Sep 20, 2024 | - |
| Ecuador | BCE | Banco Central del Ecuador | 11.25% | 11.68% | -43bp | Oct 31, 2024 | - |
| Zimbabwe | RBZ | Reserve Bank of Zimbabwe | 35.0% | 130.0% | -9500bp | Jan 30, 2024 | - |
| Seychelles | CBS | Central Bank of Seychelles | 1.75% | 2.0% | -25bp | Mar 29, 2022 | - |
| Republic of the Congo | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Sep 30, 2024 | - |
| Cambodia | NBC | National Bank of Cambodia | 0.87% | 0.87% | 0bp | Aug 31, 2024 | - |
| Cameroon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Oct 31, 2024 | - |
| Equatorial Guinea | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Oct 31, 2024 | - |
| Madagascar | BCM | Central Bank of Madagascar | 9.5% | 9.5% | 0bp | Oct 31, 2024 | - |
| Chad | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Oct 31, 2024 | - |
| Cuba | BCC | Central Bank of Cuba | 2.25% | 2.25% | 0bp | Sep 30, 2024 | - |
| Fiji | RBF | Reserve Bank of Fiji | 0.25% | 0.25% | 0bp | Oct 31, 2024 | - |
| Iran | CBI | Central Bank of Iran | 23.0% | 23.0% | 0bp | Aug 31, 2024 | - |
| Iraq | CBI | Central Bank Of Iraq | 7.5% | 7.5% | 0bp | Oct 31, 2024 | - |
| Laos | BOL | Bank of the Lao PDR | 10.5% | 10.5% | 0bp | Oct 31, 2024 | - |
| Mali | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Sep 30, 2024 | - |
| Oman | CBO | Central Bank of Oman | 5.5% | 5.5% | 0bp | Oct 31, 2024 | - |
| Togo | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Oct 31, 2024 | - |
| Benin | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Sep 30, 2024 | - |
| Congo | BCC | Banque Centrale du Congo | 25.0% | 25.0% | 0bp | Nov 19, 2024 | - |
| Gabon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Oct 31, 2024 | - |
| Haiti | BRH | Banque de la République d'Haiti | 17.0% | 17.0% | 0bp | Oct 31, 2024 | - |
| Libya | CBL | Central Bank of Lybia | 3.0% | 3.0% | 0bp | Oct 31, 2024 | - |
| Macau | AMCM | Monentary Authority of Macao | 5.0% | 5.25% | -25bp | Nov 08, 2024 | - |
| Nepal | NRB | Nepal Rastra Bank | 6.5% | 6.5% | 0bp | Oct 31, 2024 | - |
| Niger | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Sep 30, 2024 | - |
| Qatar | QCB | Qatar Central Bank | 5.4% | 5.7% | -30bp | Nov 07, 2024 | - |
| Sudan | CBOS | Central Bank of Sudan | 28.3% | 27.3% | 100bp | Feb 28, 2023 | - |
| Yemen | CBY | Central Bank of Yemen | 27.0% | 27.0% | 0bp | May 31, 2022 | - |
| Malaysia | NBKR | Central Bank of Malaysia | 3.0% | 3.0% | 0bp | Nov 06, 2024 | - |
| Maldives | MMA | Maldives Monetary Authority | 7.0% | 7.0% | 0bp | Oct 31, 2024 | - |
| Macedonia | NBRM | National Bank of the Republic of Macedonia | 5.8% | 6.05% | -25bp | Oct 24, 2024 | - |
| Singapore | MAS | Monetary Authority of Singapore | 3.06% | 3.13% | -7bp | Nov 20, 2024 | - |
| Central African Republic | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Oct 31, 2024 | - |
| Trinidad and Tobago | CBTT | Central Bank of Trinidad and Tobago | 3.5% | 3.5% | 0bp | Dec 29, 2023 | - |
| Saudi Arabia | SAMA | Saudi Central Bank | 5.25% | 5.5% | -25bp | Nov 07, 2024 | - |
| Tunisia | BCT | Central Bank of Tunisia | 8.0% | 8.0% | 0bp | Sep 25, 2024 | - |
| Hong Kong | HKMA | Hong Kong Monetary Authority | 5.0% | 5.25% | -25bp | Nov 08, 2024 | - |
| Algeria | BOA | Bank of Algeria | 3.0% | 3.0% | 0bp | Oct 31, 2024 | - |
| El Salvador | BCR | Central Reserve Bank of El Salvador | 5.53% | 5.37% | 16bp | Aug 31, 2024 | - |
| Papua New Guinea | BPNG | Bank of Papua New Guinea | 4.0% | 3.0% | 100bp | Sep 30, 2024 | - |
| Venezuela | BCV | Banco Central De Venezuela | 59.23% | 59.26% | -3bp | Sep 30, 2024 | - |
| Swaziland | ZDB | Central Bank of Swaziland | 7.25% | 7.25% | 0bp | Oct 31, 2024 | - |
| Bahamas | CBOB | Central Bank of The Bahamas | 4.0% | 4.0% | 0bp | Oct 31, 2024 | - |
| Bahrain | CBB | Central Bank of Bahrain | 5.5% | 5.75% | -25bp | Nov 07, 2024 | - |
| Lithuania | LB | Bank of Lithuania | 3.4% | 3.65% | -25bp | Oct 17, 2024 | - |
| Belarus | NBRB | National Bank of the Republic of Belarus | 11.5% | 12.0% | -50bp | Jan 18, 2023 | - |
| Lebanon | ABL | Banque Du Liban | 20.0% | 20.0% | 0bp | Oct 31, 2024 | - |
| Bolivia | BCB | Banco Central de Bolivia | 3.39% | 3.52% | -13bp | Oct 31, 2024 | - |
| Lesotho | CBL | Central Bank of Lesotho | 7.75% | 7.75% | 0bp | Sep 30, 2024 | - |
| Mauritania | BCM | Central Bank of Mauritania | 8.0% | 8.0% | 0bp | Sep 30, 2024 | - |
| Liberia | CBL | Central Bank of Liberia | 17.5% | 17.5% | 0bp | Sep 30, 2024 | - |
| Guatemala | CENARI | Banco de Guatemala | 5.0% | 5.0% | 0bp | Nov 29, 2023 | - |
| Burundi | BRB | Bank of Burundi | 12.0% | 12.0% | 0bp | Aug 31, 2024 | - |
| Angola | BNA | National Bank of Angola | 19.5% | 19.5% | 0bp | Nov 19, 2024 | - |
| Belize | CBB | Central Bank of Belize | 2.25% | 2.25% | 0bp | Aug 31, 2024 | - |
| Bhutan | RMA | Royal Monetary Authority of Bhutan | 6.8% | 6.8% | 0bp | Oct 31, 2024 | - |
| Brunei | BDCB | Brunei Darussalam Central Bank | 5.5% | 5.5% | 0bp | Oct 31, 2024 | - |
| United Arab Emirates | CBUAE | Central Bank of the United Arab Emirates | 4.65% | 4.9% | -25bp | Nov 07, 2024 | - |
| Vietnam | SBV | The State Bank of Vietnam | 4.5% | 4.5% | 0bp | Oct 31, 2024 | - |
| Gambia | CBG | Central Bank of The Gambia | 17.0% | 10.0% | 700bp | May 30, 2022 | - |
| Guinea | BCRG | Central Bank of Republic of Guinea | 11.0% | 11.0% | 0bp | Nov 30, 2024 | - |
| Guyana | CBOG | Bank of Guyana | 5.0% | 5.0% | 0bp | Sep 30, 2024 | - |
