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 | |
|---|---|---|---|---|---|---|---|
| Armenia | CBA | Central Bank of Armenia | 7.75% | 8.0% | -25bp | Jul 30, 2024 | 20h 26min |
| Georgia | NBG | National Bank of Georgia | 8.0% | 8.0% | 0bp | Jul 30, 2024 | 1 day |
| Uzbekistan | CBU | Central Bank of Uzbekistan | 13.5% | 14.0% | -50bp | Jul 25, 2024 | 2 days |
| Pakistan | SBP | State Bank of Pakistan | 19.5% | 20.5% | -100bp | Jul 29, 2024 | 2 days |
| Latvia | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Luxembourg | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Euro Area | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Slovakia | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Slovenia | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Netherlands | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Ireland | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Italy | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Malta | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Spain | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Estonia | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Portugal | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Finland | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Austria | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Belgium | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Germany | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Cyprus | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| France | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Greece | ECB | European Central Bank | 4.25% | 4.25% | 0bp | Jul 18, 2024 | 3 days |
| Peru | BCRP | Central Reserve Bank of Peru | 5.5% | 5.75% | -25bp | Aug 08, 2024 | 3 days |
| Russia | CBR | Central Bank of Russia | 18.0% | 16.0% | 200bp | Jul 26, 2024 | 3 days |
| Indonesia | BI | Bank Indonesia | 6.25% | 6.25% | 0bp | Aug 21, 2024 | 8 days |
| United States | FRB | Federal Reserve | 5.5% | 5.5% | 0bp | Jul 31, 2024 | 9 days |
| Brazil | BCB | Banco Central do Brasil | 10.5% | 10.5% | 0bp | Jul 31, 2024 | 9 days |
| Norway | NB | Norges Bank | 4.5% | 4.5% | 0bp | Aug 15, 2024 | 9 days |
| Taiwan | CBC | Central Bank of the Republic of China (Taiwan) | 2.0% | 2.0% | 0bp | Jun 13, 2024 | 9 days |
| Turkey | CBRT | Central Bank of the Republic of Turkey | 50.0% | 50.0% | 0bp | Aug 20, 2024 | 9 days |
| United Kingdom | BOE | Bank of England | 5.0% | 5.25% | -25bp | Aug 01, 2024 | 9 days |
| Ukraine | NBU | National Bank of Ukraine | 13.0% | 13.0% | 0bp | Jul 25, 2024 | 9 days |
| South Africa | SARB | South African Reserve Bank | 8.25% | 8.25% | 0bp | Jul 18, 2024 | 10 days |
| Moldova | NBM | National Bank of Moldova | 3.6% | 3.6% | 0bp | Aug 06, 2024 | 10 days |
| Angola | BNA | National Bank of Angola | 19.5% | 19.5% | 0bp | Jul 19, 2024 | 10 days |
| China | PBC | People's Bank of China | 3.35% | 3.35% | 0bp | Aug 20, 2024 | 10 days |
| Japan | BOJ | Bank of Japan | 0.25% | 0.1% | 15bp | Jul 31, 2024 | 10 days |
| Mongolia | BOM | Mongolbank | 11.0% | 11.0% | 0bp | Jul 03, 2024 | 10 days |
| Paraguay | BCP | Banco Central del Paraguay | 6.0% | 6.0% | 0bp | Aug 22, 2024 | 11 days |
| Australia | RBA | Reserve Bank of Australia | 4.35% | 4.35% | 0bp | Aug 06, 2024 | 14 days |
| Hungary | MNB | National Bank of Hungary | 6.75% | 6.75% | 0bp | Aug 27, 2024 | 15 days |
| Morocco | BKAM | Bank Al-Maghrib | 2.75% | 3.0% | -25bp | Jun 25, 2024 | 15 days |
| Nigeria | CBN | Central Bank of Nigeria | 26.75% | 26.25% | 50bp | Jul 23, 2024 | 15 days |
| Czech Republic | CNB | Czech National Bank | 4.5% | 4.75% | -25bp | Aug 01, 2024 | 16 days |
| Switzerland | SNB | Swiss National Bank | 1.25% | 1.5% | -25bp | Jun 20, 2024 | 16 days |
| Mexico | BREMS | Banco de México | 10.75% | 11.0% | -25bp | Aug 08, 2024 | 17 days |
| Sri Lanka | CBSL | Central Bank of Sri Lanka | 8.25% | 8.5% | -25bp | Jul 24, 2024 | 17 days |
| Ghana | BOG | Bank of Ghana | 29.0% | 29.0% | 0bp | Jul 26, 2024 | 21 days |
| Dominican Republic | BCRD | Central Bank of Dominican Republic | 6.75% | 7.0% | -25bp | Aug 30, 2024 | 21 days |
| Jamaica | BOJ | Bank of Jamaica | 6.75% | 7.0% | -25bp | Aug 20, 2024 | 21 days |
| Bulgaria | BNB | Bulgarian National Bank | 3.54% | 3.53% | 1bp | Sep 02, 2024 | 21 days |
| Poland | NBP | National Bank of Poland | 5.75% | 5.75% | 0bp | Sep 04, 2024 | 23 days |
| Albania | BOA | Bank of Albania | 3.0% | 3.0% | 0bp | Aug 07, 2024 | 23 days |
| Romania | BNR | National Bank of Romania | 6.5% | 6.75% | -25bp | Aug 07, 2024 | 25 days |
| Uruguay | BCU | Banco Central del Uruguay | 8.5% | 8.5% | 0bp | Aug 16, 2024 | 29 days |
| New Zealand | RBNZ | Reserve Bank of New Zealand | 5.25% | 5.5% | -25bp | Aug 14, 2024 | 29 days |
| India | RBI | Reserve Bank of India | 6.5% | 6.5% | 0bp | Aug 08, 2024 | 29 days |
| Israel | BOI | Bank of Israel | 4.5% | 4.5% | 0bp | Aug 28, 2024 | 30 days |
| South Korea | BOK | The Bank of Korea | 3.5% | 3.5% | 0bp | Aug 22, 2024 | 31 days |
| Kazakhstan | NBK | National Bank of Kazakhstan | 14.25% | 14.25% | 0bp | Aug 29, 2024 | 31 days |
| Thailand | BOT | Bank of Thailand | 2.5% | 2.5% | 0bp | Aug 21, 2024 | 36 days |
| Namibia | BON | Bank of Namibia | 7.5% | 7.75% | -25bp | Aug 14, 2024 | 36 days |
| Philippines | BSP | Bangko Sentral ng Pilipinas | 6.25% | 6.5% | -25bp | Aug 15, 2024 | 37 days |
| Egypt | CBE | Central Bank of Egypt | 27.25% | 27.25% | 0bp | Sep 05, 2024 | 38 days |
| Chile | BCCH | Banco Central de Chile | 5.5% | 5.75% | -25bp | Sep 03, 2024 | 38 days |
| Canada | BOC | Bank of Canada | 4.25% | 4.5% | -25bp | Sep 04, 2024 | 44 days |
| Kyrgyzstan | KYRGYZ | National Bank of the Kyrgyz Republic | 9.0% | 9.0% | 0bp | Aug 27, 2024 | 48 days |
| Malaysia | NBKR | Central Bank of Malaysia | 3.0% | 3.0% | 0bp | Sep 05, 2024 | 57 days |
| Serbia | NBS | National Bank of Serbia | 6.0% | 6.0% | 0bp | Sep 09, 2024 | - |
| Sierra Leone | BSL | Bank of Sierra Leone | 24.25% | 24.25% | 0bp | Jul 31, 2024 | - |
| Costa Rica | BCCR | Central Bank of Costa Rica | 6.0% | 6.25% | -25bp | Dec 21, 2023 | - |
| Botswana | BOBC | Bank of Botswana | 1.9% | 2.15% | -25bp | Aug 22, 2024 | - |
| 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 | - |
| Malawi | RBM | Reserve Bank of Malawi | 26.0% | 26.0% | 0bp | Jul 25, 2024 | - |
| Bosnia and Herzegovina | CBBH | Central Bank of Bosnia and Herzegovina | 4.53% | 4.84% | -31bp | May 31, 2024 | - |
| Rwanda | BNR | National Bank of Rwanda | 6.5% | 7.0% | -50bp | Aug 21, 2024 | - |
| Sweden | SWESTR | Sveriges Riksbank | 3.5% | 3.75% | -25bp | Aug 20, 2024 | - |
| Uganda | BOU | Bank of Uganda | 10.0% | 10.25% | -25bp | Aug 07, 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 | - |
| Zambia | BOZ | Bank of Zambia | 13.5% | 13.5% | 0bp | Aug 14, 2024 | - |
| Croatia | HNB | Croatian National Bank | 4.25% | 4.25% | 0bp | Aug 31, 2024 | - |
| New Caledonia | IEOM | Institute of Overseas Issuance | 4.5% | 4.5% | 0bp | Aug 31, 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 | Aug 31, 2024 | - |
| Sao Tome and Principe | BCSTP | Central Bank of Sao Tome and Principe | 10.0% | 10.0% | 0bp | Aug 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 | Aug 31, 2024 | - |
| Myanmar | CBM | Central Bank of Myanmar | 9.0% | 7.0% | 200bp | Aug 31, 2024 | - |
| Denmark | DN | Danmarks Nationalbank | 3.35% | 3.35% | 0bp | Aug 31, 2024 | - |
| South Sudan | BOSS | Bank of South Sudan | 12.0% | 12.0% | 0bp | Aug 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 | Aug 31, 2024 | - |
| Tajikistan | NBT | National Bank of Tajikistan | 13.0% | 13.5% | -50bp | Oct 26, 2022 | - |
| Bangladesh | BB | Bangladesh Bank | 8.5% | 8.5% | 0bp | Aug 31, 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 | Aug 31, 2024 | - |
| Colombia | BRC | Banco de la República de Colombia | 10.75% | 11.25% | -50bp | Jul 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 | Aug 31, 2024 | - |
| Azerbaijan | CBA | Central Bank of the Republic of Azerbaijan | 7.25% | 7.25% | 0bp | Jul 31, 2024 | - |
| Honduras | BCH | Central Bank of Honduras | 4.0% | 3.0% | 100bp | Dec 19, 2022 | - |
| Nicaragua | BCN | Banco Central de Nicaragua | 7.0% | 7.0% | 0bp | Aug 31, 2024 | - |
| Mauritius | BOM | Bank of Mauritius | 4.5% | 4.5% | 0bp | Jul 11, 2024 | - |
| Ecuador | BCE | Banco Central del Ecuador | 11.12% | 11.63% | -51bp | Aug 31, 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 | Aug 31, 2024 | - |
| Cambodia | NBC | National Bank of Cambodia | 0.87% | 0.88% | -1bp | Jul 31, 2024 | - |
| Cameroon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2024 | - |
| Equatorial Guinea | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2024 | - |
| Madagascar | BCM | Central Bank of Madagascar | 9.5% | 9.5% | 0bp | Aug 31, 2024 | - |
| Chad | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2024 | - |
| Cuba | BCC | Central Bank of Cuba | 2.25% | 2.25% | 0bp | Aug 31, 2024 | - |
| Fiji | RBF | Reserve Bank of Fiji | 0.25% | 0.25% | 0bp | Aug 31, 2024 | - |
| Iran | CBI | Central Bank of Iran | 23.0% | 23.0% | 0bp | Jun 30, 2024 | - |
| Iraq | CBI | Central Bank Of Iraq | 7.5% | 7.5% | 0bp | Jul 31, 2024 | - |
| Laos | BOL | Bank of the Lao PDR | 10.5% | 10.0% | 50bp | Aug 27, 2024 | - |
| Mali | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Aug 31, 2024 | - |
| Oman | CBO | Central Bank of Oman | 6.0% | 6.0% | 0bp | Aug 31, 2024 | - |
| Togo | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Aug 31, 2024 | - |
| Benin | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Aug 31, 2024 | - |
| Congo | BCC | Banque Centrale du Congo | 25.0% | 25.0% | 0bp | Aug 08, 2024 | - |
| Gabon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2024 | - |
| Haiti | BRH | Banque de la République d'Haiti | 17.0% | 17.0% | 0bp | Aug 31, 2024 | - |
| Kenya | CBK | Central Bank of Kenya | 12.75% | 13.0% | -25bp | Aug 06, 2024 | - |
| Libya | CBL | Central Bank of Lybia | 3.0% | 3.0% | 0bp | Aug 31, 2024 | - |
| Macau | AMCM | Monentary Authority of Macao | 5.75% | 5.75% | 0bp | Dec 14, 2023 | - |
| Nepal | NRB | Nepal Rastra Bank | 6.5% | 6.5% | 0bp | Aug 31, 2024 | - |
| Niger | BCEAO | Central Bank of West African States | 5.5% | 5.5% | 0bp | Aug 31, 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 | Aug 31, 2024 | - |
| Mozambique | BDM | Banco de Moçambique | 14.25% | 15.0% | -75bp | Jul 31, 2024 | - |
| Macedonia | NBRM | National Bank of the Republic of Macedonia | 6.3% | 6.3% | 0bp | Aug 31, 2024 | - |
| Singapore | MAS | Monetary Authority of Singapore | 3.57% | 3.61% | -4bp | Aug 07, 2024 | - |
| Central African Republic | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 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 | 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 | Aug 31, 2024 | - |
| El Salvador | BCR | Central Reserve Bank of El Salvador | 5.37% | 5.56% | -19bp | Jul 31, 2024 | - |
| Papua New Guinea | BPNG | Bank of Papua New Guinea | 2.5% | 2.5% | 0bp | Aug 31, 2024 | - |
| Venezuela | BCV | Banco Central De Venezuela | 59.2% | 59.25% | -5bp | Jul 31, 2024 | - |
| Swaziland | ZDB | Central Bank of Swaziland | 7.5% | 7.5% | 0bp | Aug 31, 2024 | - |
| Bahamas | CBOB | Central Bank of The Bahamas | 4.0% | 4.0% | 0bp | Aug 31, 2024 | - |
| Bahrain | CBB | Central Bank of Bahrain | 6.25% | 6.25% | 0bp | Dec 13, 2023 | - |
| Lithuania | LB | Bank of Lithuania | 4.25% | 4.25% | 0bp | Aug 31, 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 | Aug 31, 2024 | - |
| Bolivia | BCB | Banco Central de Bolivia | 3.65% | 3.81% | -16bp | Jul 31, 2024 | - |
| Lesotho | CBL | Central Bank of Lesotho | 7.75% | 7.75% | 0bp | Aug 31, 2024 | - |
| Mauritania | BCM | Central Bank of Mauritania | 8.0% | 8.0% | 0bp | Aug 31, 2024 | - |
| Liberia | CBL | Central Bank of Liberia | 20.0% | 20.0% | 0bp | Aug 31, 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 | Aug 31, 2024 | - |
| Bhutan | RMA | Royal Monetary Authority of Bhutan | 6.8% | 6.8% | 0bp | Aug 31, 2024 | - |
| Brunei | BDCB | Brunei Darussalam Central Bank | 5.5% | 5.5% | 0bp | Aug 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 | Jul 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 | Aug 31, 2024 | - |
| Guyana | CBOG | Bank of Guyana | 5.0% | 5.0% | 0bp | Jul 31, 2024 | - |
