Interest Rates

   Central Bank News publishes a Global Interest Rate Monitor (GIRM) that covers the official monetary policy rates of the world's monetary authorities. Central banks use a range of tools to implement monetary policy but normally identify one rate as their key policy rate.
   The FIRST SECTION of the table shows changes to policy rates in the current month, including the name of the country that changed its rate, the current policy rate, the latest change in the policy rate in basis points, the date of the change, the year-to-date net change and the change in basis points in the earlier years of 2019, 2018 and 2017.
   The SECOND SECTION shows changes year-to-date, starting with the Global Monetary Policy Rate (GMPR), or the average nominal rate of the 95 central banks covered by Central Bank News, followed by the change in GMPR year-to-date, and the date for the latest change. This is followed by the total change in GMPR in basis points in 2019, 2018 and 2017.
   For timely updates on monetary policy, connect to Central Bank News through Twitter or Facebook. Central Bank News also produces an inflation target table.

CHANGES IN JANUARY
COUNTRYRATECHANGEDATEYTD201920182017
ARGENTINA 50.00%-20016-Jan-20-500-7503125400
SOUTH AFRICA6.25%-2516-Jan-20-25-250-25
TURKEY11.25%-7516-Jan-20-75-1,20016000
MACEDONIA2.00%-2515-Jan-20-25-25-75-50
ARGENTINA 52.00%-3009-Jan-20-300-7503125400
CHANGES YEAR TO DATE:
COUNTRYRATECHANGEDATEYTD 201920182017
GLOBAL (GMPR)5.63%-616-Jan-20-625-70514340-1,980
ALBANIA1.00%-256-Jun-1800-250
ANGOLA15.50%-2524-May-190-100-150200
ARGENTINA 50.00%-20016-Jan-20-500-7503125400
ARMENIA5.50%-2510-Sep-190-500-25
AUSTRALIA0.75%-251-Oct-190-7500
AZERBAIJAN7.50%-2513-Dec-190-225-5250
BAHAMAS4.00%-5022-Dec-160000
BAHRAIN2.25%-2530-Oct-190-5010075
BANGLADESH6.00%-753-Apr-1800-750
BARBADOS         -0000
BELARUS9.00%-506-Nov-190-100-100-700
BOTSWANA4.75%-2529-Aug-190-250-50
BRAZIL4.50%-5011-Dec-190-200-50-675
BULGARIA0.00%-129-Jan-160000
CANADA1.75%2524-Oct-18007550
CAPE VERDE3.50%-2516-Feb-150000
CEN. AFRICAN STS.2.95%5022-Mar-1700050
CHILE1.75%-2523-Oct-190-10025-100
CHINA4.15%-520-Nov-190-1600
COLOMBIA4.25%-2527-Apr-1800-50-275
CONGO DEM. REP.9.00%-50030-Apr-190-500-6001300
COSTA RICA2.75%-5018-Dec-190-25000
CROATIA2.50%-25020-Oct-150000
CZECH REPUBLIC2.00%252-May-1902512545
DENMARK -0.75%-1012-Sep-190-1000
DOMINICAN REP.4.50%-2530-Aug-190-10025-25
EAST. CARIBBEAN 6.50%-5018-Jul-130000
EGYPT12.25%-10014-Nov-190-450-200400
EURO AREA0.00%-510-Mar-160000
FIJI0.50%02-Nov-110000
GAMBIA12.50%-10028-Feb-190-100-150-800
GEORGIA9.00%5011-Dec-190200-2575
GHANA 16.00%-10028-Jan-190-100-300-550
HONDURAS5.50%-2519-Dec-190000
HONG KONG2.00%-2531-Oct-190-7510075
HUNGARY0.90%-1524-May-160000
ICELAND 3.00%-256-Nov-190-15025-75
INDIA5.15%-254-Oct-190-13550-25
INDONESIA 5.00%-2524-Oct-190-100175-50
ISRAEL0.25%1526-Nov-1800150
JAMAICA 0.50%-2527-Aug-190-125-150-100
JAPAN -0.10%-2029-Jan-160000
JORDAN4.00%-2531-Oct-190-75100125
KAZAKHSTAN9.25%259-Sep-1900-100-175
KENYA8.50%-5025-Nov-190-50-1000
KUWAIT2.75%-2530-Oct-190-252525
KYRGYZSTAN4.25%-2527-May-190-50-250
LESOTHO6.50%-2523-Jul-190-250-
MACAU2.00%-2531-Oct-190-7510075
MACEDONIA2.00%-2515-Jan-20-25-25-75-50
MALAWI13.50%-1003-May-190-2500-800
MALAYSIA3.00%-257-May-190-25250
MAURITIUS3.35%-159-Aug-190-150-50
MEXICO7.25%-2519-Dec-190-100100150
MOLDOVA5.50%-20011-Dec-190-1000-250
MONGOLIA11.00%10027-Nov-18000-300
MOROCCO2.25%-2522-Mar-160000
MOZAMBIQUE12.75%-5014-Aug-190-150-525-375
NAMIBIA6.50%-2514-Aug-190-250-25
NEW ZEALAND1.00%-507-Aug-190-7500
NIGERIA13.50%-5026-Mar-190-5000
NORWAY1.50%2519-Sep-19075250
PAKISTAN13.25%10016-Jul-1903254250
PARAGUAY4.00%-2523-Sep-190-1250-25
PERU2.25%-257-Nov-190-50-50-100
PHILIPPINES4.00%-2526-Sep-190-751750
POLAND1.50%-504-Mar-150000
QATAR4.25%-2531-Oct-190-75025
ROMANIA2.50%257-May-1800750
RUSSIA6.25%-2513-Dec-190-1500-225
RWANDA5.00%-506-May-190-500-75
SAMOA0.14%-11-Jul-160000
SAUDI ARABIA2.25%-2530-Oct-190-751000
SERBIA2.25%-257-Nov-190-75-50-50
SEYCHELLES5.00%-5023-Sep-190-5000
SIERRA LEONE16.50%1503-Jul-1800200350
SOUTH AFRICA6.25%-2516-Jan-20-25-250-25
SOUTH KOREA1.25%-2516-Oct-190-502525
SRI LANKA (deposit)7.00%-5023-Aug-190-1007525
SWAZILAND6.50%-2519-Jul-190-25-5025
SWEDEN0.00%2519-Dec-19025250
SWITZERLAND-0.75%-5015-Jan-150000
TAIWAN1.375%-12.530-Jun-160000
TAJIKISTAN12.25%-10028-Nov-190-175-200500
THAILAND1.25%-256-Nov-190-50250
TRINIDAD & TOBAGO5.00%2529-Jun-1800250
TUNISIA7.75%10019-Feb-19010017575
TURKEY11.25%-7516-Jan-20-75-1,20016000
UAE2.50%-2531-Oct-190-7510075
UGANDA9.00%-1007-Oct-190-10050-250
UKRAINE13.50%-20012-Dec-190-45035050
UNITED KINGDOM0.75%252-Aug-18002525
URUGUAY         -027-Jun-130000
USA1.75%-2530-Oct-190-7510075
UZBEKISTAN16.00%20022-Sep-1800200500
VIETNAM6.00%-2513-Sep-190-250-25
WEST AFRICAN STATES2.50%-254-Sep-130000
ZAMBIA11.50%12520-Nov-190175-50-525


Central Bank News makes every effort to ensure the accuracy of the interest rates in the above table at the time of publication. However, as rates and mechanisms change over time, we cannot guarantee the accuracy of the information above. If you have any corrections, please contact us. You may replicated the table in full under the condition that you cite Central Bank News as the source and provide a link back to www.centralbanknews.info.

Monetary Policy Week in Review (WIR)
Central Bank News publishes a weekly review of the latest developments in global monetary policy. WIR can be accessed under the website's Latest News pages or by searching for "Week in Review" in the website's search tool.  For examples of recent WIRs, please see:



Global Monetary Policy Rate (GMPR):

Central Bank News occasionally publishes a monthly review of developments in global monetary policy, including the the GMPR, the average nominal policy rate by the 90 central banks followed by Central Bank News. The articles can be accessed under the website's Latest News pages or by searching for "GMPR." For examples of recent GMPRs, please see:


Global Monetary Policy Rate Index (GMPRI)
Central Bank News has developed a global monetary policy rate index, which is designed to capture broad levels and trends in central bank interest rates. Please consult the resources below for more background information on the indexes and the index data itself.
GMPRI was last updated in April 2012 but work is under way to update it.