Search Icon
FXEMPIRE
icon
Advertisement
Advertisement

Search Indicator:

Choose Country
icon
Choose Indicator
icon

Euro Area Interest Rate

Last Release
Oct 27, 2022
Actual
2
Units In
%
Previous
1.25
Frequency
Daily
Next Release
Dec 15, 2022
Time to Release
9 Days 18 Hours
Highest
Lowest
Average
Date Range
Source
4.75
Oct 2000
0.5
Jul 2022
1.69 %1998-2022European Central Bank
In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate. .

Latest Updates

European Central Bank policymakers agreed that the central bank should continue normalizing and tightening monetary policy to combat high inflation, even in the event of a shallow recession, the accounts of the central bank's October policy meeting showed. Officials noted that the inflation outlook continued to worsen, with inflation far too high and repeatedly above the projected figures, and that there was an increasing risk that it might become entrenched and that second-round effects and a wage-price spiral could emerge. Still, the central bank suggested that it might want to pause the ongoing interest rate hikes if there was a prolonged and deep recession, which would be likely to curb inflation to a larger extent. In October, the ECB raised its key interest rate by 75 bps, bringing borrowing costs to the highest since early 2009, and there was broad support for a meeting-by-meeting, data-dependent approach to taking future monetary policy decisions.

Euro Area Interest Rate History

Last 12 readings

Euro Area Money Indicators

All Euro Area indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Central Bank Balance Sheet
8,769,062
Nov 2022
8,764,662
Nov 2022
692,641
Feb 1999
8,835,987
Jun 2022
EUR MillionWeekly1999-2022
Deposit Interest Rate
1.5
Oct 2022
0.75
Sep 2022
-0.5
Sep 2019
3.75
Oct 2000
%Monthly1999-2022
Foreign Exchange Reserves
83.71
Oct 2022
85.38
Sep 2022
34.91
Feb 2005
85.38
Sep 2022
USD BillionMonthly1999-2022
Interbank Rate
-0.58
Dec 2022
-0.58
Dec 2022
-0.62
Dec 2021
5.39
Oct 2008
%Daily1998-2022
Interest Rate
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
%Daily1998-2022
Lending Rate
2.25
Dec 2022
2.25
Dec 2022
0.25
Mar 2016
5.75
Oct 2000
%Daily1999-2022
Loan Growth
4.2
Oct 2022
4.4
Sep 2022
-0.4
Nov 2013
9.9
Mar 2006
%Monthly2004-2022
Loans To Private Sector
5,153,487
Oct 2022
5,136,609
Sep 2022
2,994,549
Jan 2003
5,153,487
Oct 2022
EUR MillionMonthly2003-2022
Money Supply M1
11,564,745
Oct 2022
11,715,543
Sep 2022
444,330
Jan 1980
11,725,681
Aug 2022
EUR MillionMonthly1980-2022
Money Supply M2
15,375,070
Oct 2022
15,448,158
Sep 2022
1,070,496
Jan 1980
15,448,158
Sep 2022
EUR MillionMonthly1980-2022
Money Supply M3
16,140,856
Oct 2022
16,216,058
Sep 2022
1,097,404
Jan 1980
16,216,058
Sep 2022
EUR MillionMonthly1980-2022

Interest Rate across Europe

Interest Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
2.75
Nov 2022
2.25
Oct 2022
0.5
Mar 2020
8.5
Apr 2002
% Daily2001-2022
Armenia
10.5
Nov 2022
10.5
Nov 2022
3
Aug 2005
10.5
Feb 2015
% Daily2003-2022
Austria
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Belarus
12
Oct 2022
12
Sep 2022
7.75
Jun 2020
480
Nov 1994
% Daily1991-2022
Belgium
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Bosnia and Herzegovina
3.58
Sep 2022
3.63
Jul 2022
2.83
Nov 2020
80.25
Jan 1999
% Monthly1998-2022
Bulgaria
0.49
Nov 2022
0
Oct 2022
0.49
Nov 2022
5.77
Dec 2008
% Daily2005-2022
Croatia
2.5
Sep 2022
2.5
Aug 2022
2.5
Oct 2015
4,290.85
Sep 1993
% Daily1992-2022
Cyprus
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Czech Republic
7
Nov 2022
7
Oct 2022
0.05
Nov 2012
39
Jun 1997
% Daily1995-2022
Denmark
1.25
Oct 2022
0.65
Sep 2022
-0.75
Feb 2015
15
Nov 1992
% Daily1992-2022
Estonia
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Euro Area
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% Daily1998-2022
Finland
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
France
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Georgia
11
Oct 2022
11
Sep 2022
3.75
Aug 2013
12
Apr 2008
% Daily2008-2022
Germany
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Greece
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Hungary
13
Nov 2022
13
Oct 2022
0.6
Jul 2020
28
Jan 1995
% Daily1987-2022
Iceland
6
Nov 2022
5.75
Oct 2022
0.75
Nov 2020
18
Oct 2008
% Daily1998-2022
Ireland
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Italy
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Latvia
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Lithuania
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Luxembourg
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Macedonia
4.25
Nov 2022
3.5
Oct 2022
1.25
Mar 2021
15.21
Dec 2002
% Daily2002-2022
Malta
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Moldova
21.5
Nov 2022
21.5
Oct 2022
2.65
Nov 2020
21.5
Aug 2022
% Daily2001-2022
Netherlands
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Norway
2.5
Nov 2022
2.25
Oct 2022
0.25
Sep 2021
11
Sep 1992
% Daily1991-2022
Poland
6.75
Nov 2022
6.75
Oct 2022
0.1
May 2020
24
Feb 1998
% Monthly1998-2022
Portugal
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Romania
6.75
Nov 2022
6.25
Oct 2022
1.25
Jan 2021
12.5
Apr 2005
% Daily2005-2022
Russian Federation
7.5
Oct 2022
7.5
Sep 2022
4.25
Jul 2020
20
Feb 2022
% Daily2003-2022
Serbia
4.5
Nov 2022
4
Oct 2022
1
Dec 2020
18
Sep 2006
% Daily2006-2022
Slovakia
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Slovenia
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Spain
2
Oct 2022
1.25
Sep 2022
0.5
Jul 2022
4.75
Oct 2000
% N/A1998-2022
Sweden
2.5
Nov 2022
1.75
Oct 2022
-0.5
Feb 2016
8.91
Jul 1995
% Daily1994-2022
Switzerland
0.5
Oct 2022
0.5
Sep 2022
-0.75
Jan 2015
3.5
Jun 2000
% Daily2000-2022
Turkey
9
Nov 2022
10.5
Oct 2022
4.5
May 2013
500
Mar 1994
% Daily1990-2022
Ukraine
25
Oct 2022
25
Sep 2022
6
Jun 2020
300
Oct 1994
% Daily1992-2022
United Kingdom
3
Nov 2022
2.25
Oct 2022
0.1
Mar 2020
17
Nov 1979
% Daily1971-2022

Trade With A Regulated Broker