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 | |
|---|---|---|---|---|---|---|---|
| Mongolia | BOM | Mongolbank | 13.0% | 13.0% | 0bp | Jun 23, 2023 | 6h 5min |
| Zimbabwe | RBZ | Reserve Bank of Zimbabwe | 200.0% | 200.0% | 0bp | Sep 27, 2022 | 9h 5min |
| Mozambique | BDM | Banco de Moçambique | 17.25% | 17.25% | 0bp | Jul 26, 2023 | 9h 5min |
| Ghana | BOG | Bank of Ghana | 30.0% | 29.5% | 50bp | Jul 24, 2023 | 3 days |
| Morocco | BKAM | Bank Al-Maghrib | 3.0% | 3.0% | 0bp | Jun 20, 2023 | 4 days |
| Hungary | MNB | National Bank of Hungary | 14.0% | 15.0% | -100bp | Aug 29, 2023 | 4 days |
| Thailand | BOT | Bank of Thailand | 2.25% | 2.0% | 25bp | Aug 02, 2023 | 5 days |
| Bulgaria | BNB | Bulgarian National Bank | 3.12% | 2.96% | 16bp | Aug 30, 2023 | 5 days |
| Czech Republic | CNB | Czech National Bank | 7.0% | 7.0% | 0bp | Aug 03, 2023 | 5 days |
| Guatemala | CENARI | Banco de Guatemala | 5.0% | 5.0% | 0bp | Aug 31, 2023 | 5 days |
| Mexico | BREMS | Banco de México | 11.25% | 11.25% | 0bp | Aug 10, 2023 | 6 days |
| Trinidad and Tobago | CBTT | Central Bank of Trinidad and Tobago | 3.5% | 3.5% | 0bp | Jun 30, 2023 | 7 days |
| Nigeria | CBN | Central Bank of Nigeria | 18.75% | 18.5% | 25bp | Jul 25, 2023 | 7 days |
| Colombia | BRC | Banco de la República de Colombia | 13.25% | 13.25% | 0bp | Jul 31, 2023 | 7 days |
| Dominican Republic | BCRD | Central Bank of Dominican Republic | 7.5% | 7.75% | -25bp | Aug 31, 2023 | 7 days |
| Jamaica | BOJ | Bank of Jamaica | 7.0% | 7.0% | 0bp | Aug 18, 2023 | 7 days |
| Australia | RBA | Reserve Bank of Australia | 4.1% | 4.1% | 0bp | Sep 05, 2023 | 10 days |
| Kenya | CBK | Central Bank of Kenya | 10.5% | 10.5% | 0bp | Aug 09, 2023 | 11 days |
| New Zealand | RBNZ | Reserve Bank of New Zealand | 5.5% | 5.5% | 0bp | Aug 16, 2023 | 11 days |
| Iceland | CBI | Central Bank of Iceland | 9.25% | 8.75% | 50bp | Aug 23, 2023 | 12 days |
| Poland | NBP | National Bank of Poland | 6.0% | 6.75% | -75bp | Sep 06, 2023 | 12 days |
| Albania | BOA | Bank of Albania | 3.0% | 3.0% | 0bp | Aug 02, 2023 | 12 days |
| Sri Lanka | CBSL | Central Bank of Sri Lanka | 11.0% | 11.0% | 0bp | Aug 24, 2023 | 12 days |
| Uganda | BOU | Bank of Uganda | 9.5% | 10.0% | -50bp | Aug 15, 2023 | 13 days |
| Romania | BNR | National Bank of Romania | 7.0% | 7.0% | 0bp | Aug 07, 2023 | 13 days |
| Uruguay | BCU | Banco Central del Uruguay | 10.0% | 10.75% | -75bp | Aug 15, 2023 | 13 days |
| Peru | BCRP | Central Reserve Bank of Peru | 7.5% | 7.75% | -25bp | Sep 14, 2023 | 13 days |
| India | RBI | Reserve Bank of India | 6.5% | 6.5% | 0bp | Aug 10, 2023 | 13 days |
| Kazakhstan | NBK | National Bank of Kazakhstan | 16.5% | 16.75% | -25bp | Aug 25, 2023 | 14 days |
| Serbia | NBS | National Bank of Serbia | 6.5% | 6.5% | 0bp | Sep 07, 2023 | 18 days |
| South Korea | BOK | The Bank of Korea | 3.5% | 3.5% | 0bp | Aug 24, 2023 | 26 days |
| Indonesia | BI | Bank Indonesia | 5.75% | 5.75% | 0bp | Sep 21, 2023 | 27 days |
| China | PBC | People's Bank of China | 3.45% | 3.45% | 0bp | Sep 20, 2023 | 27 days |
| Israel | BOI | Bank of Israel | 4.75% | 4.75% | 0bp | Sep 04, 2023 | 31 days |
| Canada | BOC | Bank of Canada | 5.0% | 5.0% | 0bp | Sep 06, 2023 | 32 days |
| Paraguay | BCP | Banco Central del Paraguay | 8.0% | 8.25% | -25bp | Sep 20, 2023 | 32 days |
| Costa Rica | BCCR | Central Bank of Costa Rica | 6.5% | 6.5% | 0bp | Sep 21, 2023 | 32 days |
| Namibia | BON | Bank of Namibia | 7.75% | 7.75% | 0bp | Aug 16, 2023 | 33 days |
| Georgia | NBG | National Bank of Georgia | 10.0% | 10.25% | -25bp | Sep 13, 2023 | 33 days |
| Uzbekistan | CBU | Central Bank of Uzbekistan | 14.0% | 14.0% | 0bp | Sep 14, 2023 | 34 days |
| Botswana | BOBC | Bank of Botswana | 2.65% | 2.65% | 0bp | Aug 24, 2023 | 34 days |
| Turkey | CBRT | Central Bank of the Republic of Turkey | 30.0% | 25.0% | 500bp | Sep 21, 2023 | 34 days |
| Ukraine | NBU | National Bank of Ukraine | 20.0% | 22.0% | -200bp | Sep 14, 2023 | 34 days |
| Latvia | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Luxembourg | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Euro Area | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Slovakia | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Slovenia | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Netherlands | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Ireland | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Italy | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Malta | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Spain | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Estonia | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Portugal | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Finland | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Austria | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Belgium | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Germany | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Cyprus | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| France | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Greece | ECB | European Central Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | 34 days |
| Chile | BCCH | Banco Central de Chile | 9.5% | 10.25% | -75bp | Sep 05, 2023 | 34 days |
| Russia | CBR | Central Bank of Russia | 13.0% | 12.0% | 100bp | Sep 15, 2023 | 35 days |
| Pakistan | SBP | State Bank of Pakistan | 22.0% | 22.0% | 0bp | Sep 14, 2023 | 38 days |
| Japan | BOJ | Bank of Japan | -0.1% | -0.1% | 0bp | Sep 22, 2023 | 38 days |
| Kyrgyzstan | KYRGYZ | National Bank of the Kyrgyz Republic | 13.0% | 13.0% | 0bp | Aug 29, 2023 | 38 days |
| Armenia | CBA | Central Bank of Armenia | 9.75% | 10.25% | -50bp | Sep 12, 2023 | 39 days |
| Azerbaijan | CBA | Central Bank of the Republic of Azerbaijan | 9.0% | 9.0% | 0bp | Sep 20, 2023 | 40 days |
| Kuwait | CBK | Central Bank of Kuwait | 4.25% | 4.25% | 0bp | Sep 21, 2023 | 40 days |
| United States | FRB | Federal Reserve | 5.5% | 5.5% | 0bp | Sep 20, 2023 | 40 days |
| Bahrain | CBB | Central Bank of Bahrain | 6.25% | 6.25% | 0bp | Sep 21, 2023 | 40 days |
| Saudi Arabia | SAMA | Saudi Central Bank | 6.0% | 6.0% | 0bp | Sep 21, 2023 | 40 days |
| United Arab Emirates | CBUAE | Central Bank of the United Arab Emirates | 5.4% | 5.4% | 0bp | Sep 21, 2023 | 40 days |
| Brazil | BCB | Banco Central do Brasil | 12.75% | 13.25% | -50bp | Sep 20, 2023 | 40 days |
| Macau | AMCM | Monentary Authority of Macao | 5.75% | 5.75% | 0bp | Sep 25, 2023 | 40 days |
| Hong Kong | HKMA | Hong Kong Monetary Authority | 5.75% | 5.75% | 0bp | Sep 21, 2023 | 40 days |
| Malaysia | NBKR | Central Bank of Malaysia | 3.0% | 3.0% | 0bp | Sep 07, 2023 | 41 days |
| Norway | NB | Norges Bank | 4.25% | 4.0% | 25bp | Sep 21, 2023 | 41 days |
| United Kingdom | BOE | Bank of England | 5.25% | 5.25% | 0bp | Sep 21, 2023 | 41 days |
| Egypt | CBE | Central Bank of Egypt | 19.25% | 19.25% | 0bp | Sep 21, 2023 | 41 days |
| Moldova | NBM | National Bank of Moldova | 6.0% | 6.0% | 0bp | Sep 19, 2023 | 46 days |
| Sierra Leone | BSL | Bank of Sierra Leone | 19.25% | 19.25% | 0bp | Aug 31, 2023 | - |
| Jordan | CBJ | Central Bank of Jordan | 7.5% | 7.25% | 25bp | Nov 03, 2022 | - |
| Malawi | RBM | Reserve Bank of Malawi | 24.0% | 22.0% | 200bp | Jul 28, 2023 | - |
| Bosnia and Herzegovina | CBBH | Central Bank of Bosnia and Herzegovina | 4.45% | 4.01% | 44bp | Jul 31, 2023 | - |
| Rwanda | BNR | National Bank of Rwanda | 7.5% | 7.0% | 50bp | Aug 17, 2023 | - |
| Sweden | SWESTR | Sveriges Riksbank | 4.0% | 3.75% | 25bp | Sep 21, 2023 | - |
| Taiwan | CBC | Central Bank of the Republic of China (Taiwan) | 1.875% | 1.875% | 0bp | Sep 21, 2023 | - |
| Barbados | CBB | Central Bank Of Barbados | 2.0% | 2.0% | 0bp | Jul 31, 2023 | - |
| Comoros | BCC | Banque Centrale des Comores | 3.08% | 2.87% | 21bp | Dec 31, 2022 | - |
| Switzerland | SNB | Swiss National Bank | 1.75% | 1.75% | 0bp | Sep 21, 2023 | - |
| Zambia | BOZ | Bank of Zambia | 10.0% | 9.5% | 50bp | Aug 23, 2023 | - |
| Croatia | HNB | Croatian National Bank | 4.5% | 4.25% | 25bp | Sep 14, 2023 | - |
| New Caledonia | IEOM | Institute of Overseas Issuance | 4.4% | 4.4% | 0bp | Aug 31, 2023 | - |
| Guinea Bissau | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Suriname | CBVS | Central Bank of Suriname | 10.0% | 10.0% | 0bp | Aug 31, 2023 | - |
| Sao Tome and Principe | BCSTP | Central Bank of Sao Tome and Principe | 10.0% | 10.0% | 0bp | Aug 31, 2023 | - |
| Cape Verde | BCV | Banco de Cabo Verde | 1.0% | 1.0% | 0bp | Aug 31, 2023 | - |
| Ethiopia | NBE | National Bank of Ethiopia | 7.0% | 7.0% | 0bp | Aug 31, 2023 | - |
| Myanmar | CBM | Central Bank of Myanmar | 7.0% | 7.0% | 0bp | Aug 31, 2023 | - |
| Denmark | DN | Danmarks Nationalbank | 3.35% | 3.35% | 0bp | Aug 31, 2023 | - |
| South Sudan | BOSS | Central Bank of South Sudan | 12.0% | 12.0% | 0bp | Aug 31, 2023 | - |
| Burkina Faso | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Tajikistan | NBT | National Bank of Tajikistan | 13.0% | 13.5% | -50bp | Oct 26, 2022 | - |
| Bangladesh | BB | Bangladesh Bank | 6.5% | 6.5% | 0bp | Sep 30, 2023 | - |
| Ivory Coast | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Senegal | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Philippines | BSP | Bangko Sentral ng Pilipinas | 6.25% | 6.25% | 0bp | Sep 21, 2023 | - |
| Argentina | BCRA | Central Bank of Argentina | 118.0% | 97.0% | 2100bp | Aug 14, 2023 | - |
| Tanzania | BOT | Bank of Tanzania | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| 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 | Sep 07, 2023 | - |
| Mauritius | BOM | Bank of Mauritius | 4.5% | 4.5% | 0bp | Sep 15, 2023 | - |
| Ecuador | BCE | Banco Central del Ecuador | 9.29% | 9.02% | 27bp | Aug 31, 2023 | - |
| Seychelles | CBS | Central Bank of Seychelles | 2.0% | 2.0% | 0bp | Mar 29, 2022 | - |
| Republic of the Congo | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| Cambodia | NBC | National Bank of Cambodia | 0.88% | 0.87% | 1bp | Jun 30, 2023 | - |
| Cameroon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| Equatorial Guinea | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| Madagascar | BCM | Central Bank of Madagascar | 9.5% | 9.5% | 0bp | Aug 31, 2023 | - |
| Chad | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| Cuba | BCC | Central Bank of Cuba | 2.25% | 2.25% | 0bp | Aug 31, 2023 | - |
| Fiji | RBF | Reserve Bank of Fiji | 0.25% | 0.25% | 0bp | Aug 31, 2023 | - |
| Iran | CBI | Central Bank of Iran | 18.0% | 18.0% | 0bp | Jan 31, 2023 | - |
| Iraq | CBI | Central Bank Of Iraq | 7.5% | 7.5% | 0bp | Jul 31, 2023 | - |
| Laos | BOL | Bank of the Lao PDR | 7.5% | 7.5% | 0bp | Aug 31, 2023 | - |
| Mali | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Oman | CBO | Central Bank of Oman | 6.0% | 6.0% | 0bp | Aug 31, 2023 | - |
| Togo | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Benin | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Congo | BCC | Banque Centrale du Congo | 25.0% | 11.0% | 1400bp | Aug 10, 2023 | - |
| Gabon | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| Haiti | BRH | Banque de la République d'Haiti | 17.0% | 17.0% | 0bp | Aug 31, 2023 | - |
| Libya | CBL | Central Bank of Lybia | 3.0% | 3.0% | 0bp | Aug 31, 2023 | - |
| Nepal | NRB | Nepal Rastra Bank | 7.5% | 7.5% | 0bp | Sep 30, 2023 | - |
| Niger | BCEAO | Central Bank of West African States | 5.25% | 5.0% | 25bp | Sep 06, 2023 | - |
| Qatar | QCB | Qatar Central Bank | 3.75% | 3.25% | 50bp | Jul 27, 2022 | - |
| Sudan | CBOS | Central Bank of Sudan | 27.3% | 26.82% | 48bp | Jan 31, 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, 2023 | - |
| Macedonia | NBRM | National Bank of the Republic of Macedonia | 6.3% | 6.15% | 15bp | Sep 13, 2023 | - |
| Singapore | MAS | Monetary Authority of Singapore | 3.57% | 3.71% | -14bp | Sep 22, 2023 | - |
| Central African Republic | BEAC | Bank of Central African States | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
| South Africa | SARB | South African Reserve Bank | 8.25% | 8.25% | 0bp | Sep 21, 2023 | - |
| Tunisia | BCT | Central Bank of Tunisia | 8.0% | 8.0% | 0bp | Mar 22, 2023 | - |
| Algeria | BOA | Bank of Algeria | 3.0% | 3.0% | 0bp | Aug 31, 2023 | - |
| El Salvador | BCR | Central Reserve Bank of El Salvador | 5.02% | 3.43% | 159bp | Dec 31, 2022 | - |
| Papua New Guinea | BPNG | Bank of Papua New Guinea | 3.0% | 3.5% | -50bp | Sep 30, 2023 | - |
| Venezuela | BCV | Banco Central De Venezuela | 55.78% | 55.24% | 54bp | Jul 31, 2023 | - |
| Swaziland | ZDB | Central Bank of Swaziland | 7.5% | 7.5% | 0bp | Aug 31, 2023 | - |
| Bahamas | CBOB | Central Bank of The Bahamas | 4.0% | 4.0% | 0bp | Jul 31, 2023 | - |
| Lithuania | LB | Bank of Lithuania | 4.5% | 4.25% | 25bp | Sep 14, 2023 | - |
| Belarus | NBRB | National Bank of the Republic of Belarus | 11.5% | 12.0% | -50bp | Jan 18, 2023 | - |
| Lebanon | ABL | Association of Banks in Lebanon | 7.75% | 7.75% | 0bp | Aug 31, 2023 | - |
| Bolivia | BCB | Banco Central de Bolivia | 3.96% | 3.64% | 32bp | Jul 31, 2023 | - |
| Lesotho | CBL | Central Bank of Lesotho | 7.75% | 7.75% | 0bp | Aug 31, 2023 | - |
| Mauritania | BCM | Central Bank of Mauritania | 8.0% | 8.0% | 0bp | Aug 31, 2023 | - |
| Liberia | CBL | Central Bank of Liberia | 20.0% | 17.5% | 250bp | Aug 01, 2023 | - |
| Burundi | BRB | Bank of Burundi | 7.49% | 7.75% | -26bp | Jun 30, 2023 | - |
| Angola | BNA | National Bank of Angola | 17.0% | 17.0% | 0bp | Sep 15, 2023 | - |
| Belize | CBB | Central Bank of Belize | 2.25% | 2.25% | 0bp | Jun 30, 2023 | - |
| Bhutan | RMA | Royal Monetary Authority of Bhutan | 6.85% | 6.88% | -3bp | Sep 30, 2023 | - |
| Brunei | BDCB | Brunei Darussalam Central Bank | 5.5% | 5.5% | 0bp | Jun 30, 2023 | - |
| Vietnam | SBV | The State Bank of Vietnam | 4.5% | 4.5% | 0bp | Aug 31, 2023 | - |
| Gambia | CBG | Central Bank of The Gambia | 17.0% | 10.0% | 700bp | May 30, 2022 | - |
| Guinea | BCRG | Central Bank of Republic of Guinea | 11.5% | 11.5% | 0bp | Aug 31, 2023 | - |
| Guyana | CBOG | Bank of Guyana | 5.0% | 5.0% | 0bp | Aug 31, 2023 | - |
