Global Central Banks Rates

A country’s central bank rate (discount rate) is the rate at which commercial banks can borrow money from the central bank, in turn affecting borrowing costs across the country. The interest rate is the most important conventional monetary policy tool at the disposal of the central bank.

The central bank interest rates affect the Foreign exchange, Bonds and Equity markets and are closely followed by investors.

We have summarized a global overview of the central bank interest rates, with the option to dive in and explore the interest rate history of each country across the world.

Major Central Banks

BankRateNext MeetingLast Change
U.S. Federal Reserve (The Fed)
1.75%
Dec 11, 2019
-0.25% - Oct 2019
European Central Bank (ECB)
0%
Dec 12, 2019
-0.05% - Mar 2016
Bank of England (BoE)
0.75%
Dec 19, 2019
+0.25% - Aug 2018
Bank of Japan (BoJ)
-0.1%
Dec 19, 2019
-0.1% - Jan 2016
Swiss National Bank (SNB)
-0.75%
Dec 12, 2019
-0.5% - Jan 2015
Bank of Canada (BoC)
1.75%
Dec 4, 2019
+0.25% - Oct 2018
Reserve Bank of Australia (RBA)
0.75%
Dec 3, 2019
-0.25% - Oct 2019
Reserve Bank of New Zealand (RBNZ)
1%
Feb 12, 2020
-0.5% - Aug 2019
BankNext MeetingLast Change
The Fed
1.75%
Dec 11, 2019
-0.25%
Oct 2019
ECB
0%
Dec 12, 2019
-0.05%
Mar 2016
BoE
0.75%
Dec 19, 2019
+0.25%
Aug 2018
BoJ
-0.1%
Dec 19, 2019
-0.1%
Jan 2016
SNB
-0.75%
Dec 12, 2019
-0.5%
Jan 2015
BoC
1.75%
Dec 4, 2019
+0.25%
Oct 2018
RBA
0.75%
Dec 3, 2019
-0.25%
Oct 2019
RBNZ
1%
Feb 12, 2020
-0.5%
Aug 2019

Emerging Markets Central Banks

BankRateNext MeetingLast Change
People's Bank of China (PBoC)
4.2%
-0.05% - Sep 2019
Reserve Bank of India (RBI)
5.15%
Dec 5, 2019
-0.25% - Oct 2019
Central Bank of Brazil
5%
Dec 11, 2019
-0.5% - Oct 2019
Bank of Russia
6.5%
Dec 13, 2019
-0.5% - Oct 2019
BankNext MeetingLast Change
PBoC
4.2%
-0.05%
Sep 2019
RBI
5.15%
Dec 5, 2019
-0.25%
Oct 2019
CBoB
5%
Dec 11, 2019
-0.5%
Oct 2019
BoR
6.5%
Dec 13, 2019
-0.5%
Oct 2019

Main Rates Around The World

Explore By Region

G20RateNext MeetingLast Change
United States
1.75%
Dec 11, 2019
-0.25% - Oct 2019
Euro Area
0%
Dec 12, 2019
-0.05% - Mar 2016
Australia
0.75%
Dec 3, 2019
-0.25% - Oct 2019
China
4.2%
-0.05% - Sep 2019
Brazil
5%
Dec 11, 2019
-0.5% - Oct 2019
G20
CountryNext MeetingLast Change
United States
1.75%
Dec 11, 2019
-0.25%
Oct 2019
Euro Area
0%
Dec 12, 2019
-0.05%
Mar 2016
Australia
0.75%
Dec 3, 2019
-0.25%
Oct 2019
China
4.2%
-0.05%
Sep 2019
Brazil
5%
Dec 11, 2019
-0.5%
Oct 2019
AsiaRateNext MeetingLast Change
China
4.2%
-0.05% - Sep 2019
Japan
-0.1%
Dec 19, 2019
-0.1% - Jan 2016
India
5.15%
Dec 5, 2019
-0.25% - Oct 2019
South Korea
1.25%
Nov 29, 2019
-0.25% - Oct 2019
Indonesia
5%
Nov 21, 2019
-0.25% - Oct 2019
Asia
CountryNext MeetingLast Change
China
4.2%
-0.05%
Sep 2019
Japan
-0.1%
Dec 19, 2019
-0.1%
Jan 2016
India
5.15%
Dec 5, 2019
-0.25%
Oct 2019
South Korea
1.25%
Nov 29, 2019
-0.25%
Oct 2019
Indonesia
5%
Nov 21, 2019
-0.25%
Oct 2019
EuropeRateNext MeetingLast Change
Euro Area
0%
Dec 12, 2019
-0.05% - Mar 2016
United Kingdom
0.75%
Dec 19, 2019
+0.25% - Aug 2018
Switzerland
-0.75%
Dec 12, 2019
-0.5% - Jan 2015
Sweden
-0.25%
Dec 19, 2019
+0.25% - Dec 2018
Russian Federation
6.5%
Dec 13, 2019
-0.5% - Oct 2019
Europe
CountryNext MeetingLast Change
Euro Area
0%
Dec 12, 2019
-0.05%
Mar 2016
United Kingdom
0.75%
Dec 19, 2019
+0.25%
Aug 2018
Switzerland
-0.75%
Dec 12, 2019
-0.5%
Jan 2015
Sweden
-0.25%
Dec 19, 2019
+0.25%
Dec 2018
Russian Federation
6.5%
Dec 13, 2019
-0.5%
Oct 2019
North AmericaRateNext MeetingLast Change
United States
1.75%
Dec 11, 2019
-0.25% - Oct 2019
Canada
1.75%
Dec 4, 2019
+0.25% - Oct 2018
Mexico
7.5%
Dec 19, 2019
-0.25% - Nov 2019
North America
CountryNext MeetingLast Change
United States
1.75%
Dec 11, 2019
-0.25%
Oct 2019
Canada
1.75%
Dec 4, 2019
+0.25%
Oct 2018
Mexico
7.5%
Dec 19, 2019
-0.25%
Nov 2019
PacificRateNext MeetingLast Change
Australia
0.75%
Dec 3, 2019
-0.25% - Oct 2019
New Zealand
1%
Feb 12, 2020
-0.5% - Aug 2019
Papua New Guinea
5.5%
-0.5% - Aug 2019
Fiji
0.5%
Nov 28, 2019
-2% - Jan 2011
New Caledonia
0.25%
-0.05% - Jun 2016
Pacific
CountryNext MeetingLast Change
Australia
0.75%
Dec 3, 2019
-0.25%
Oct 2019
New Zealand
1%
Feb 12, 2020
-0.5%
Aug 2019
Papua New Guinea
5.5%
-0.5%
Aug 2019
Fiji
0.5%
Nov 28, 2019
-2%
Jan 2011
New Caledonia
0.25%
-0.05%
Jun 2016
Middle EastRateNext MeetingLast Change
Saudi Arabia
2.25%
-0.25% - Oct 2019
Israel
0.25%
Nov 25, 2019
+0.15% - Nov 2018
United Arab Emirates
2%
-0.25% - Oct 2019
Iran
18%
-2% - Aug 2016
Iraq
4%
-2% - Mar 2016
Middle East
CountryNext MeetingLast Change
Saudi Arabia
2.25%
-0.25%
Oct 2019
Israel
0.25%
Nov 25, 2019
+0.15%
Nov 2018
United Arab Emirates
2%
-0.25%
Oct 2019
Iran
18%
-2%
Aug 2016
Iraq
4%
-2%
Mar 2016
South AmericaRateNext MeetingLast Change
Brazil
5%
Dec 11, 2019
-0.5% - Oct 2019
Argentina
63.009%
-0.04% - Nov 2019
Colombia
4.25%
Nov 22, 2019
-0.25% - Apr 2018
Chile
1.75%
Dec 6, 2019
-0.25% - Oct 2019
Peru
2.25%
Dec 12, 2019
-0.25% - Nov 2019
South America
CountryNext MeetingLast Change
Brazil
5%
Dec 11, 2019
-0.5%
Oct 2019
Argentina
63.009%
-0.04%
Nov 2019
Colombia
4.25%
Nov 22, 2019
-0.25%
Apr 2018
Chile
1.75%
Dec 6, 2019
-0.25%
Oct 2019
Peru
2.25%
Dec 12, 2019
-0.25%
Nov 2019
AfricaRateNext MeetingLast Change
Nigeria
13.5%
Nov 26, 2019
-0.5% - Mar 2019
South Africa
6.5%
Nov 21, 2019
-0.25% - Jul 2019
Egypt
12.25%
Dec 26, 2019
-1% - Nov 2019
Algeria
3.75%
+0.25% - May 2017
Angola
15.5%
Nov 25, 2019
-0.25% - May 2019
Africa
CountryNext MeetingLast Change
Nigeria
13.5%
Nov 26, 2019
-0.5%
Mar 2019
South Africa
6.5%
Nov 21, 2019
-0.25%
Jul 2019
Egypt
12.25%
Dec 26, 2019
-1%
Nov 2019
Algeria
3.75%
+0.25%
May 2017
Angola
15.5%
Nov 25, 2019
-0.25%
May 2019
Central AmericaRateNext MeetingLast Change
Guatemala
2.75%
-0.25% - Nov 2017
Panama
1.36%
+0.01% - Jul 2018
Costa Rica
3.25%
-0.5% - Oct 2019
El Salvador
4.39%
+0.08% - Aug 2019
Honduras
5.75%
Dec 9, 2019
+0.25% - Jan 2019
Central America
CountryNext MeetingLast Change
Guatemala
2.75%
-0.25%
Nov 2017
Panama
1.36%
+0.01%
Jul 2018
Costa Rica
3.25%
-0.5%
Oct 2019
El Salvador
4.39%
+0.08%
Aug 2019
Honduras
5.75%
Dec 9, 2019
+0.25%
Jan 2019
CaribbeanRateNext MeetingLast Change
Dominican Republic
4.5%
Nov 29, 2019
-0.25% - Aug 2019
Cuba
2.25%
Trinidad and Tobago
5%
Dec 27, 2019
+0.25% - Jun 2018
Jamaica
0.5%
Nov 19, 2019
-0.25% - Aug 2019
Bahamas
4%
-0.5% - Dec 2016
Caribbean
CountryNext MeetingLast Change
Dominican Republic
4.5%
Nov 29, 2019
-0.25%
Aug 2019
Cuba
2.25%
Trinidad and Tobago
5%
Dec 27, 2019
+0.25%
Jun 2018
Jamaica
0.5%
Nov 19, 2019
-0.25%
Aug 2019
Bahamas
4%
-0.5%
Dec 2016
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