World Interest Rate
The World Interest Rates Table displays the current interest rates set by the Central Banks of the main countries worldwide. These rates are an indicator of the health of individual economies. In an ideal scenario, Central Banks tend to increase rates when the economy is growing, which can lead to inflation. Conversely, rate cuts are […]
The World Interest Rates Table displays the current interest rates set by the Central Banks of the main countries worldwide. These rates are an indicator of the health of individual economies. In an ideal scenario, Central Banks tend to increase rates when the economy is growing, which can lead to inflation.
Conversely, rate cuts are a way to stimulate a struggling economy. The table displays current rates, recent policy updates, and the dates of upcoming meetings and decisions for major entities.
Overview of Major Central Banks
| Central Banks | Current Interest Rate | Next Meeting | Last Change |
| Federal Reserve | 5.500 % | 1-31-2024 – 19:00 | 7-26-2023 – 18:00 |
| European Central Bank | 4.500 % | 1-25-2024 – 13:15 | 9-14-2023 – 12:15 |
| Bank of England | 5.250 % | 2-1-2024 – 12:00 | 8-3-2023 – 11:00 |
| Reserve Bank of Australia | 4.350 % | 2-6-2024 – 03:30 | 11-7-2023 – 03:30 |
| Reserve Bank of New Zealand | 5.500 % | 2-28-2024 – 01:00 | 5-24-2023 – 02:00 |
| Bank of Japan | -0.100 % | 1-23-2024 – 03:00 | 1-29-2016 – 03:00 |
| Bank of Canada | 5.000 % | 1-24-2024 – 14:45 | 7-12-2023 – 14:00 |
| Swiss National Bank | 1.750 % | 3-21-2024 – 08:30 | 6-22-2023 – 07:30 |
Europe
| Country | Current Interest Rate | Previous | Last Change |
| Poland | 5.750 % | 5.750 % | 10-4-2023 – 13:15 |
| Sweden | 4.000 % | 4.000 % | 9-21-2023 – 07:30 |
| Norway | 4.500 % | 4.250 % | 12-14-2023 – 09:00 |
| Czech Republic | 6.750 % | 7.000 % | 12-21-2023 – 13:30 |
| Russia | 16.000 % | 15.000 % | 12-15-2023 – 10:30 |
| Iceland | 9.250 % | 9.250 % | 8-23-2023 – 08:30 |
| Israel | 4.500 % | 4.750 % | 1-1-2024 – 14:00 |
| United Kingdom | 5.250 % | 5.250 % | 8-3-2023 – 11:00 |
| Hungary | 10.750 % | 11.500 % | 12-19-2023 – 13:00 |
| Eurozone | 4.500 % | 4.500 % | 9-14-2023 – 12:15 |
| Denmark | -0.750 % | -0.500 % | 2-5-2015 – 15:00 |
| Switzerland | 1.750 % | 1.750 % | 6-22-2023 – 07:30 |
| Romania | 7.000 % | 7.000 % | 1-10-2023 – 13:00 |
South America
| Current Interest Rate | Previous | Last Change | |
| Colombia | 13.000 % | 13.250 % | 12-19-2023 – 20:20 |
| Brazil | 11.750 % | 12.250 % | 12-13-2023 – 21:30 |
| Chile | 8.250 % | 9.000 % | 12-19-2023 – 21:00 |
| Peru | 2.500 % | 2.750 % | 8-8-2019 – 22:00 |
Middle East
| Country | Current Interest Rate | Previous | Last Change |
| Turkey | 42.500 % | 40.000 % | 12-21-2023 – 11:00 |
| Saudi Arabia | 6.000 % | 5.750 % | 7-26-2023 – 18:35 |
Africa
| Country | Current Interest Rate | Previous | Last Change |
| South Africa | 8.250 % | 8.250 % | 5-25-2023 – 13:00 |
| Egypt | 19.250 % | 19.250 % | 8-3-2023 – 18:30 |
Asia Pacific
| Country | Current Interest Rate | Previous | Last Change |
| Thailand | 2.500 % | 2.500 % | 9-27-2023 – 07:00 |
| Indonesia | 6.000 % | 6.000 % | 10-19-2023 – 07:25 |
| India | 6.500 % | 6.500 % | 2-8-2023 – 04:30 |
| South Korea | 3.500 % | 3.500 % | 1-13-2023 – 01:00 |
| Australia | 4.350 % | 4.350 % | 11-7-2023 – 03:30 |
| China | 3.450 % | 3.450 % | 8-21-2023 – 01:15 |
| Japan | -0.100 % | -0.100 % | 1-29-2016 – 03:00 |
| Malaysia | 3.000 % | 3.000 % | 5-3-2023 – 07:00 |
| Taiwan | 1.875 % | 1.875 % | 3-23-2023 – 08:00 |
| New Zealand | 5.500 % | 5.500 % | 5-24-2023 – 02:00 |
| Philippines | 6.500 % | 6.500 % | 11-16-2023 – 07:00 |
North America
| Country | Current Interest Rate | Previous | Last Change |
| Canada | 5.000 % | 5.000 % | 7-12-2023 – 14:00 |
| United States | 5.500 % | 5.500 % | 7-26-2023 – 18:00 |
| Mexico | 11.250 % | 11.250 % | 3-30-2023 – 19:00 |
