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 Change Last Meeting Next Meeting
Uruguay BCU Banco Central del Uruguay 8.5% 8.5% 0bp May 16, 2024 3 days
Indonesia BI Bank Indonesia 6.25% 6.25% 0bp Jun 20, 2024 4 days
Latvia ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Luxembourg ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Euro Area ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Slovakia ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Slovenia ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Netherlands ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Ireland ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Italy ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Malta ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Spain ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Estonia ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Portugal ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Finland ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Austria ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Belgium ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Germany ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Cyprus ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
France ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
Greece ECB European Central Bank 4.25% 4.5% -25bp Jun 06, 2024 5 days
South Africa SARB South African Reserve Bank 8.25% 8.25% 0bp May 30, 2024 5 days
Angola BNA National Bank of Angola 19.5% 19.0% 50bp May 17, 2024 5 days
Egypt CBE Central Bank of Egypt 27.25% 27.25% 0bp May 23, 2024 5 days
China PBC People's Bank of China 3.45% 3.45% 0bp Jun 20, 2024 8 days
Paraguay BCP Banco Central del Paraguay 6.0% 6.0% 0bp Jun 20, 2024 9 days
Hungary MNB National Bank of Hungary 7.0% 7.25% -25bp Jun 18, 2024 10 days
Nigeria CBN Central Bank of Nigeria 26.25% 24.75% 150bp May 21, 2024 10 days
Sri Lanka CBSL Central Bank of Sri Lanka 8.5% 8.5% 0bp May 28, 2024 10 days
Canada BOC Bank of Canada 4.75% 5.0% -25bp Jun 05, 2024 11 days
Uzbekistan CBU Central Bank of Uzbekistan 14.0% 14.0% 0bp Jun 13, 2024 12 days
Turkey CBRT Central Bank of the Republic of Turkey 50.0% 50.0% 0bp Jun 27, 2024 12 days
Ukraine NBU National Bank of Ukraine 13.0% 13.5% -50bp Jun 13, 2024 12 days
Malawi RBM Reserve Bank of Malawi 26.0% 26.0% 0bp May 03, 2024 12 days
Russia CBR Central Bank of Russia 16.0% 16.0% 0bp Jun 07, 2024 13 days
Ghana BOG Bank of Ghana 29.0% 29.0% 0bp May 27, 2024 16 days
Kyrgyzstan KYRGYZ National Bank of the Kyrgyz Republic 9.0% 11.0% -200bp May 28, 2024 17 days
Armenia CBA Central Bank of Armenia 8.0% 8.25% -25bp Jun 11, 2024 17 days
Japan BOJ Bank of Japan 0.1% 0.1% 0bp Jun 14, 2024 18 days
Georgia NBG National Bank of Georgia 8.0% 8.0% 0bp Jun 19, 2024 18 days
Mozambique BDM Banco de Moçambique 15.0% 15.75% -75bp May 27, 2024 18 days
United States FRB Federal Reserve 5.5% 5.5% 0bp Jun 12, 2024 18 days
Dominican Republic BCRD Central Bank of Dominican Republic 7.0% 7.0% 0bp Jun 30, 2024 18 days
Chile BCCH Banco Central de Chile 5.75% 6.0% -25bp Jun 18, 2024 18 days
Brazil BCB Banco Central do Brasil 10.5% 10.5% 0bp Jun 19, 2024 18 days
Bulgaria BNB Bulgarian National Bank 3.63% 3.78% -15bp Jul 01, 2024 19 days
United Kingdom BOE Bank of England 5.25% 5.25% 0bp Jun 20, 2024 19 days
Czech Republic CNB Czech National Bank 4.75% 5.25% -50bp Jun 27, 2024 19 days
Australia RBA Reserve Bank of Australia 4.35% 4.35% 0bp Jun 18, 2024 24 days
Moldova NBM National Bank of Moldova 3.6% 3.6% 0bp Jun 20, 2024 24 days
Kenya CBK Central Bank of Kenya 13.0% 13.0% 0bp Jun 05, 2024 24 days
Romania BNR National Bank of Romania 6.75% 7.0% -25bp Jul 05, 2024 25 days
Albania BOA Bank of Albania 3.0% 3.25% -25bp Jul 03, 2024 25 days
India RBI Reserve Bank of India 6.5% 6.5% 0bp Jun 07, 2024 26 days
Serbia NBS National Bank of Serbia 6.0% 6.25% -25bp Jul 11, 2024 26 days
Mexico BREMS Banco de México 11.0% 11.0% 0bp Jun 27, 2024 26 days
Peru BCRP Central Reserve Bank of Peru 5.75% 5.75% 0bp Jul 11, 2024 26 days
New Zealand RBNZ Reserve Bank of New Zealand 5.5% 5.5% 0bp Jul 10, 2024 31 days
Namibia BON Bank of Namibia 7.75% 7.75% 0bp Jun 19, 2024 32 days
Zambia BOZ Bank of Zambia 13.5% 12.5% 100bp May 15, 2024 32 days
Philippines BSP Bangko Sentral ng Pilipinas 6.5% 6.5% 0bp Jun 27, 2024 33 days
Norway NB Norges Bank 4.5% 4.5% 0bp Jun 20, 2024 33 days
Jamaica BOJ Bank of Jamaica 7.0% 7.0% 0bp Jun 28, 2024 38 days
Thailand BOT Bank of Thailand 2.5% 2.5% 0bp Jun 12, 2024 39 days
South Korea BOK The Bank of Korea 3.5% 3.5% 0bp Jul 11, 2024 39 days
Botswana BOBC Bank of Botswana 2.15% 2.4% -25bp Jun 13, 2024 40 days
Israel BOI Bank of Israel 4.5% 4.5% 0bp Jul 08, 2024 46 days
Kazakhstan NBK National Bank of Kazakhstan 14.25% 14.5% -25bp Jul 12, 2024 47 days
Malaysia NBKR Central Bank of Malaysia 3.0% 3.0% 0bp Jul 11, 2024 54 days
Sierra Leone BSL Bank of Sierra Leone 23.25% 23.25% 0bp Jun 30, 2024 -
Costa Rica BCCR Central Bank of Costa Rica 6.0% 6.25% -25bp Dec 21, 2023 -
Jordan CBJ Central Bank of Jordan 7.5% 7.5% 0bp Nov 03, 2022 -
Kuwait CBK Central Bank of Kuwait 4.25% 4.25% 0bp Dec 13, 2023 -
Bosnia and Herzegovina CBBH Central Bank of Bosnia and Herzegovina 4.53% 4.84% -31bp May 31, 2024 -
Poland NBP National Bank of Poland 5.75% 5.75% 0bp Jul 03, 2024 -
Rwanda BNR National Bank of Rwanda 7.0% 7.5% -50bp May 29, 2024 -
Sweden SWESTR Sveriges Riksbank 3.75% 3.75% 0bp Jun 27, 2024 -
Taiwan CBC Central Bank of the Republic of China (Taiwan) 2.0% 2.0% 0bp Jun 13, 2024 -
Uganda BOU Bank of Uganda 10.25% 10.25% 0bp Jun 04, 2024 -
Barbados CBB Central Bank Of Barbados 2.0% 2.0% 0bp Jun 30, 2024 -
Comoros BCC Banque Centrale des Comores 3.08% 2.87% 21bp Dec 31, 2022 -
Switzerland SNB Swiss National Bank 1.25% 1.5% -25bp Jun 20, 2024 -
Croatia HNB Croatian National Bank 4.25% 4.5% -25bp Jun 06, 2024 -
New Caledonia IEOM Institute of Overseas Issuance 4.5% 4.75% -25bp Jun 30, 2024 -
Guinea Bissau BCEAO Central Bank of West African States 5.5% 5.5% 0bp Jun 04, 2024 -
Suriname CBVS Central Bank of Suriname 10.0% 10.0% 0bp Jun 30, 2024 -
Sao Tome and Principe BCSTP Central Bank of Sao Tome and Principe 10.0% 10.0% 0bp Jun 30, 2024 -
Cape Verde BCV Banco de Cabo Verde 1.5% 1.5% 0bp Jun 30, 2024 -
Morocco BKAM Bank Al-Maghrib 2.75% 3.0% -25bp Jun 25, 2024 -
Ethiopia NBE National Bank of Ethiopia 7.0% 7.0% 0bp Jun 30, 2024 -
Myanmar CBM Central Bank of Myanmar 7.0% 7.0% 0bp Jun 30, 2024 -
Denmark DN Danmarks Nationalbank 3.35% 3.6% -25bp Jun 06, 2024 -
South Sudan BOSS Bank of South Sudan 12.0% 12.0% 0bp Jun 30, 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 Jun 04, 2024 -
Tajikistan NBT National Bank of Tajikistan 13.0% 13.5% -50bp Oct 26, 2022 -
Bangladesh BB Bangladesh Bank 8.5% 8.5% 0bp Jun 30, 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 Jun 04, 2024 -
Colombia BRC Banco de la República de Colombia 11.25% 11.75% -50bp Jun 28, 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 Jul 04, 2024 -
Azerbaijan CBA Central Bank of the Republic of Azerbaijan 7.25% 7.25% 0bp Jun 21, 2024 -
Honduras BCH Central Bank of Honduras 3.0% 3.0% 0bp Dec 19, 2022 -
Nicaragua BCN Banco Central de Nicaragua 7.0% 7.0% 0bp Jun 30, 2024 -
Mauritius BOM Bank of Mauritius 4.5% 4.5% 0bp Jul 11, 2024 -
Mongolia BOM Mongolbank 11.0% 11.0% 0bp Jul 03, 2024 -
Ecuador BCE Banco Central del Ecuador 10.87% 10.53% 34bp Apr 30, 2024 -
Zimbabwe RBZ Reserve Bank of Zimbabwe 20.0% 130.0% -11000bp 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 Jun 30, 2024 -
Cambodia NBC National Bank of Cambodia 0.81% 0.8% 1bp Apr 30, 2024 -
Cameroon BEAC Bank of Central African States 5.0% 5.0% 0bp Jun 30, 2024 -
Equatorial Guinea BEAC Bank of Central African States 5.0% 5.0% 0bp Jun 30, 2024 -
Madagascar BCM Central Bank of Madagascar 9.5% 9.5% 0bp Jun 30, 2024 -
Chad BEAC Bank of Central African States 5.0% 5.0% 0bp Jun 30, 2024 -
Cuba BCC Central Bank of Cuba 2.25% 2.25% 0bp Jun 30, 2024 -
Fiji RBF Reserve Bank of Fiji 0.25% 0.25% 0bp Jun 30, 2024 -
Iran CBI Central Bank of Iran 23.0% 23.0% 0bp May 31, 2024 -
Iraq CBI Central Bank Of Iraq 7.5% 7.5% 0bp May 31, 2024 -
Laos BOL Bank of the Lao PDR 10.0% 8.5% 150bp Jun 12, 2024 -
Mali BCEAO Central Bank of West African States 5.5% 5.5% 0bp Jun 04, 2024 -
Oman CBO Central Bank of Oman 6.0% 6.0% 0bp Jun 30, 2024 -
Togo BCEAO Central Bank of West African States 5.5% 5.5% 0bp Jun 04, 2024 -
Benin BCEAO Central Bank of West African States 5.5% 5.5% 0bp Jun 04, 2024 -
Congo BCC Banque Centrale du Congo 25.0% 25.0% 0bp Jun 30, 2024 -
Gabon BEAC Bank of Central African States 5.0% 5.0% 0bp Jun 30, 2024 -
Haiti BRH Banque de la République d'Haiti 17.0% 17.0% 0bp Jun 30, 2024 -
Libya CBL Central Bank of Lybia 3.0% 3.0% 0bp Jun 30, 2024 -
Macau AMCM Monentary Authority of Macao 5.75% 5.75% 0bp Dec 14, 2023 -
Nepal NRB Nepal Rastra Bank 7.0% 7.0% 0bp Jun 30, 2024 -
Niger BCEAO Central Bank of West African States 5.5% 5.5% 0bp Jun 04, 2024 -
Qatar QCB Qatar Central Bank 3.75% 3.25% 50bp Jul 27, 2022 -
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 -
Maldives MMA Maldives Monetary Authority 7.0% 7.0% 0bp Jun 30, 2024 -
Macedonia NBRM National Bank of the Republic of Macedonia 6.3% 6.3% 0bp Jun 12, 2024 -
Singapore MAS Monetary Authority of Singapore 3.42% 3.53% -11bp Apr 08, 2024 -
Central African Republic BEAC Bank of Central African States 5.0% 5.0% 0bp Jun 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 6.0% 6.0% 0bp Dec 13, 2023 -
Tunisia BCT Central Bank of Tunisia 8.0% 8.0% 0bp Mar 22, 2023 -
Hong Kong HKMA Hong Kong Monetary Authority 5.75% 5.75% 0bp Dec 14, 2023 -
Algeria BOA Bank of Algeria 3.0% 3.0% 0bp Jun 30, 2024 -
El Salvador BCR Central Reserve Bank of El Salvador 5.46% 5.42% 4bp Feb 29, 2024 -
Papua New Guinea BPNG Bank of Papua New Guinea 2.5% 2.5% 0bp Jun 30, 2024 -
Venezuela BCV Banco Central De Venezuela 59.2% 58.98% 22bp May 31, 2024 -
Swaziland ZDB Central Bank of Swaziland 7.5% 7.5% 0bp Jun 30, 2024 -
Pakistan SBP State Bank of Pakistan 20.5% 22.0% -150bp Jun 10, 2024 -
Bahamas CBOB Central Bank of The Bahamas 4.0% 4.0% 0bp May 31, 2024 -
Bahrain CBB Central Bank of Bahrain 6.25% 6.25% 0bp Dec 13, 2023 -
Lithuania LB Bank of Lithuania 4.25% 4.5% -25bp Jun 06, 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 Feb 29, 2024 -
Bolivia BCB Banco Central de Bolivia 3.74% 3.82% -8bp May 31, 2024 -
Lesotho CBL Central Bank of Lesotho 7.75% 7.75% 0bp Jun 30, 2024 -
Mauritania BCM Central Bank of Mauritania 8.0% 8.0% 0bp May 31, 2024 -
Liberia CBL Central Bank of Liberia 20.0% 20.0% 0bp Jun 30, 2024 -
Guatemala CENARI Banco de Guatemala 5.0% 5.0% 0bp Nov 29, 2023 -
Burundi BRB Bank of Burundi 13.66% 13.66% 0bp Jun 30, 2024 -
Belize CBB Central Bank of Belize 2.25% 2.25% 0bp Mar 31, 2024 -
Bhutan RMA Royal Monetary Authority of Bhutan 6.91% 6.91% 0bp Jun 30, 2024 -
Brunei BDCB Brunei Darussalam Central Bank 5.5% 5.5% 0bp Mar 31, 2024 -
United Arab Emirates CBUAE Central Bank of the United Arab Emirates 5.4% 5.4% 0bp Dec 13, 2023 -
Vietnam SBV The State Bank of Vietnam 4.5% 4.5% 0bp Jun 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 Jun 30, 2024 -
Guyana CBOG Bank of Guyana 5.0% 5.0% 0bp May 31, 2024 -