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 | |
|---|---|---|---|---|---|---|---|
| Uruguay | BCU | Banco Central del Uruguay | 8.5% | 8.5% | 0bp | Nov 14, 2024 | 1 day |
| Turkey | CBRT | Central Bank of the Republic of Turkey | 50.0% | 50.0% | 0bp | Nov 21, 2024 | 4 days |
| Egypt | CBE | Central Bank of Egypt | 27.25% | 27.25% | 0bp | Nov 21, 2024 | 4 days |
| Dominican Republic | BCRD | Central Bank of Dominican Republic | 6.0% | 6.25% | -25bp | Nov 29, 2024 | 9 days |
| Bulgaria | BNB | Bulgarian National Bank | 3.04% | 3.22% | -18bp | Dec 02, 2024 | 11 days |
| Israel | BOI | Bank of Israel | 4.5% | 4.5% | 0bp | Nov 25, 2024 | 15 days |
| Peru | BCRP | Central Reserve Bank of Peru | 5.0% | 5.0% | 0bp | Dec 12, 2024 | 18 days |
| Serbia | NBS | National Bank of Serbia | 5.75% | 5.75% | 0bp | Dec 12, 2024 | 19 days |
| Romania | BNR | National Bank of Romania | 6.5% | 6.5% | 0bp | Nov 08, 2024 | 24 days |
| South Korea | BOK | The Bank of Korea | 3.0% | 3.25% | -25bp | Nov 28, 2024 | 24 days |
| Poland | NBP | National Bank of Poland | 5.75% | 5.75% | 0bp | Dec 04, 2024 | 25 days |
| Kazakhstan | NBK | National Bank of Kazakhstan | 15.25% | 14.25% | 100bp | Nov 29, 2024 | 26 days |
| China | PBC | People's Bank of China | 3.1% | 3.1% | 0bp | Dec 20, 2024 | 28 days |
| Malaysia | NBKR | Central Bank of Malaysia | 3.0% | 3.0% | 0bp | Nov 06, 2024 | 31 days |
| Uzbekistan | CBU | Central Bank of Uzbekistan | 13.5% | 13.5% | 0bp | Dec 12, 2024 | 32 days |
| Norway | NB | Norges Bank | 4.5% | 4.5% | 0bp | Dec 19, 2024 | 32 days |
| Ukraine | NBU | National Bank of Ukraine | 13.5% | 13.0% | 50bp | Dec 12, 2024 | 32 days |
| Japan | BOJ | Bank of Japan | 0.25% | 0.25% | 0bp | Dec 19, 2024 | 33 days |
| Ghana | BOG | Bank of Ghana | 27.0% | 27.0% | 0bp | Nov 29, 2024 | 36 days |
| Chile | BCCH | Banco Central de Chile | 5.0% | 5.25% | -25bp | Dec 17, 2024 | 37 days |
| Georgia | NBG | National Bank of Georgia | 8.0% | 8.0% | 0bp | Dec 18, 2024 | 38 days |
| Canada | BOC | Bank of Canada | 3.25% | 3.75% | -50bp | Dec 11, 2024 | 38 days |
| United States | FRB | Federal Reserve | 4.5% | 4.75% | -25bp | Dec 18, 2024 | 38 days |
| Brazil | BCB | Banco Central do Brasil | 12.25% | 11.25% | 100bp | Dec 11, 2024 | 38 days |
| Malawi | RBM | Reserve Bank of Malawi | 26.0% | 26.0% | 0bp | Jul 25, 2024 | 39 days |
| South Africa | SARB | South African Reserve Bank | 7.75% | 8.0% | -25bp | Nov 21, 2024 | 39 days |
| Latvia | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Luxembourg | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Euro Area | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Slovakia | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Slovenia | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Netherlands | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Ireland | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Italy | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Malta | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Spain | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Estonia | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Portugal | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Finland | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Austria | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Belgium | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Germany | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Cyprus | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| France | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Greece | ECB | European Central Bank | 3.15% | 3.4% | -25bp | Dec 12, 2024 | 39 days |
| Colombia | BRC | Banco de la República de Colombia | 9.5% | 9.75% | -25bp | Dec 20, 2024 | 40 days |
| Moldova | NBM | National Bank of Moldova | 3.6% | 3.6% | 0bp | Dec 05, 2024 | 45 days |
| United Kingdom | BOE | Bank of England | 4.75% | 4.75% | 0bp | Dec 19, 2024 | 46 days |
| Mexico | BREMS | Banco de México | 10.0% | 10.25% | -25bp | Dec 19, 2024 | 46 days |
| India | RBI | Reserve Bank of India | 6.5% | 6.5% | 0bp | Dec 06, 2024 | 47 days |
| Namibia | BON | Bank of Namibia | 7.0% | 7.25% | -25bp | Dec 04, 2024 | 51 days |
| Zambia | BOZ | Bank of Zambia | 14.0% | 13.5% | 50bp | Nov 13, 2024 | 51 days |
| New Zealand | RBNZ | Reserve Bank of New Zealand | 4.25% | 4.75% | -50bp | Nov 27, 2024 | 58 days |
| Switzerland | SNB | Swiss National Bank | 0.5% | 1.0% | -50bp | Dec 12, 2024 | 88 days |
| Sierra Leone | BSL | Bank of Sierra Leone | 24.75% | 24.75% | 0bp | Nov 30, 2024 | - |
| Costa Rica | BCCR | Central Bank of Costa Rica | 6.0% | 6.25% | -25bp | Dec 21, 2023 | - |
| Botswana | BOBC | Bank of Botswana | 1.9% | 1.9% | 0bp | Dec 05, 2024 | - |
| Jordan | CBJ | Central Bank of Jordan | 7.0% | 7.0% | 0bp | 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 | 4.29% | 4.36% | -7bp | Oct 31, 2024 | - |
| Russia | CBR | Central Bank of Russia | 21.0% | 21.0% | 0bp | Dec 20, 2024 | - |
| Rwanda | BNR | National Bank of Rwanda | 6.5% | 7.0% | -50bp | Aug 21, 2024 | - |
| Sweden | SWESTR | Sveriges Riksbank | 2.5% | 2.75% | -25bp | Dec 19, 2024 | - |
| Taiwan | CBC | Central Bank of the Republic of China (Taiwan) | 2.0% | 2.0% | 0bp | Dec 19, 2024 | - |
| Uganda | BOU | Bank of Uganda | 9.75% | 9.75% | 0bp | Dec 05, 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 | 3.15% | 3.4% | -25bp | Dec 12, 2024 | - |
| New Caledonia | IEOM | Institute of Overseas Issuance | 4.0% | 4.0% | 0bp | Nov 30, 2024 | - |
| Guinea Bissau | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Suriname | CBVS | Central Bank of Suriname | 10.0% | 10.0% | 0bp | Nov 30, 2024 | - |
| Sao Tome and Principe | BCSTP | Central Bank of Sao Tome and Principe | 10.0% | 10.0% | 0bp | Nov 30, 2024 | - |
| Cape Verde | BCV | Banco de Cabo Verde | 1.5% | 1.5% | 0bp | Sep 30, 2024 | - |
| Morocco | BKAM | Bank Al-Maghrib | 2.5% | 2.75% | -25bp | Dec 17, 2024 | - |
| Hungary | MNB | National Bank of Hungary | 6.5% | 6.5% | 0bp | Dec 17, 2024 | - |
| Australia | RBA | Reserve Bank of Australia | 4.35% | 4.35% | 0bp | Dec 10, 2024 | - |
| Ethiopia | NBE | National Bank of Ethiopia | 7.0% | 7.0% | 0bp | Nov 30, 2024 | - |
| Myanmar | CBM | Central Bank of Myanmar | 9.0% | 9.0% | 0bp | Nov 30, 2024 | - |
| Denmark | DN | Danmarks Nationalbank | 2.6% | 2.85% | -25bp | Dec 12, 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 | Nov 30, 2024 | - |
| Tajikistan | NBT | National Bank of Tajikistan | 13.0% | 13.5% | -50bp | Oct 26, 2022 | - |
| Bangladesh | BB | Bangladesh Bank | 10.0% | 10.0% | 0bp | Nov 30, 2024 | - |
| Ivory Coast | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Nigeria | CBN | Central Bank of Nigeria | 27.5% | 27.25% | 25bp | Nov 26, 2024 | - |
| Senegal | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Philippines | BSP | Bangko Sentral ng Pilipinas | 5.75% | 6.0% | -25bp | Dec 19, 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 | Nov 30, 2024 | - |
| Azerbaijan | CBA | Central Bank of the Republic of Azerbaijan | 7.25% | 7.25% | 0bp | Dec 18, 2024 | - |
| Honduras | BCH | Central Bank of Honduras | 5.75% | 5.75% | 0bp | Dec 19, 2022 | - |
| Nicaragua | BCN | Banco Central de Nicaragua | 6.75% | 6.75% | 0bp | Nov 30, 2024 | - |
| Mauritius | BOM | Bank of Mauritius | 4.0% | 4.5% | -50bp | Sep 20, 2024 | - |
| Mongolia | BOM | Mongolbank | 10.0% | 10.0% | 0bp | Dec 13, 2024 | - |
| Ecuador | BCE | Banco Central del Ecuador | 10.73% | 11.25% | -52bp | Nov 30, 2024 | - |
| Jamaica | BOJ | Bank of Jamaica | 6.0% | 6.25% | -25bp | Dec 20, 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 | Nov 30, 2024 | - |
| Cambodia | NBC | National Bank of Cambodia | 0.86% | 0.87% | -1bp | Sep 30, 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 | Nov 30, 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 | Nov 30, 2024 | - |
| Cuba | BCC | Central Bank of Cuba | 2.25% | 2.25% | 0bp | Oct 31, 2024 | - |
| Fiji | RBF | Reserve Bank of Fiji | 0.25% | 0.25% | 0bp | Nov 30, 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 | Nov 30, 2024 | - |
| Laos | BOL | Bank of the Lao PDR | 10.5% | 10.5% | 0bp | Nov 30, 2024 | - |
| Mali | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Oman | CBO | Central Bank of Oman | 5.0% | 5.25% | -25bp | Dec 19, 2024 | - |
| Togo | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Benin | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 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 | Nov 30, 2024 | - |
| Kenya | CBK | Central Bank of Kenya | 11.25% | 12.0% | -75bp | Dec 05, 2024 | - |
| Libya | CBL | Central Bank of Lybia | 3.0% | 3.0% | 0bp | Oct 31, 2024 | - |
| Macau | AMCM | Monentary Authority of Macao | 4.75% | 5.0% | -25bp | Dec 19, 2024 | - |
| Nepal | NRB | Nepal Rastra Bank | 6.5% | 6.5% | 0bp | Nov 30, 2024 | - |
| Niger | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Nov 30, 2024 | - |
| Qatar | QCB | Qatar Central Bank | 5.1% | 5.4% | -30bp | Dec 18, 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 | - |
| Kyrgyzstan | KYRGYZ | National Bank of the Kyrgyz Republic | 9.0% | 9.0% | 0bp | Nov 26, 2024 | - |
| Maldives | MMA | Maldives Monetary Authority | 7.0% | 7.0% | 0bp | Nov 30, 2024 | - |
| Mozambique | BDM | Banco de Moçambique | 12.75% | 13.5% | -75bp | Nov 27, 2024 | - |
| Czech Republic | CNB | Czech National Bank | 4.0% | 4.0% | 0bp | Dec 19, 2024 | - |
| Macedonia | NBRM | National Bank of the Republic of Macedonia | 5.55% | 5.8% | -25bp | Dec 18, 2024 | - |
| Singapore | MAS | Monetary Authority of Singapore | 2.99% | 2.98% | 1bp | Dec 20, 2024 | - |
| Central African Republic | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Nov 30, 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 | 5.0% | 5.25% | -25bp | Dec 18, 2024 | - |
| Tunisia | BCT | Central Bank of Tunisia | 8.0% | 8.0% | 0bp | Sep 25, 2024 | - |
| Hong Kong | HKMA | Hong Kong Monetary Authority | 4.75% | 5.0% | -25bp | Dec 19, 2024 | - |
| Albania | BOA | Bank of Albania | 2.75% | 2.75% | 0bp | Dec 18, 2024 | - |
| Algeria | BOA | Bank of Algeria | 3.0% | 3.0% | 0bp | Nov 30, 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% | 4.0% | 0bp | Nov 30, 2024 | - |
| Armenia | CBA | Central Bank of Armenia | 7.0% | 7.25% | -25bp | Dec 10, 2024 | - |
| Venezuela | BCV | Banco Central De Venezuela | 59.29% | 59.3% | -1bp | Nov 30, 2024 | - |
| Swaziland | ZDB | Central Bank of Swaziland | 7.0% | 7.25% | -25bp | Nov 22, 2024 | - |
| Pakistan | SBP | State Bank of Pakistan | 13.0% | 15.0% | -200bp | Dec 16, 2024 | - |
| Thailand | BOT | Bank of Thailand | 2.25% | 2.25% | 0bp | Dec 18, 2024 | - |
| Sri Lanka | CBSL | Central Bank of Sri Lanka | 8.0% | 8.25% | -25bp | Nov 27, 2024 | - |
| Paraguay | BCP | Banco Central del Paraguay | 6.0% | 6.0% | 0bp | Dec 19, 2024 | - |
| Bahamas | CBOB | Central Bank of The Bahamas | 4.0% | 4.0% | 0bp | Nov 30, 2024 | - |
| Bahrain | CBB | Central Bank of Bahrain | 5.25% | 5.5% | -25bp | Dec 18, 2024 | - |
| Lithuania | LB | Bank of Lithuania | 3.15% | 3.4% | -25bp | Dec 12, 2024 | - |
| Belarus | NBRB | National Bank of the Republic of Belarus | 11.5% | 12.0% | -50bp | Jan 18, 2023 | - |
| Indonesia | BI | Bank Indonesia | 6.0% | 6.0% | 0bp | Dec 18, 2024 | - |
| Lebanon | ABL | Banque Du Liban | 20.0% | 20.0% | 0bp | Oct 31, 2024 | - |
| Bolivia | BCB | Banco Central de Bolivia | 3.33% | 3.39% | -6bp | Nov 30, 2024 | - |
| Lesotho | CBL | Central Bank of Lesotho | 7.5% | 7.75% | -25bp | Nov 26, 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 | Nov 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 | Oct 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 | Nov 30, 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 | 4.4% | 4.65% | -25bp | Dec 18, 2024 | - |
| Vietnam | SBV | The State Bank of Vietnam | 4.5% | 4.5% | 0bp | Nov 30, 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 | Nov 30, 2024 | - |
