Sweden Interest Rate
Last Release
Sep 2019
Actual
-0.25 %
Forecast
-0.25 %
Previous
-0.25 %
Frequency
Daily
Units In
%
Next Release
Oct 24, 2019
Time to Release
4 Days 22 Hours
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Highest | Lowest | Average | Date Range | Source |
8.91 %} Dec 1995 | -0.5 % Oct 2018 | 3.02 % | 1994 - 2019 | Sveriges Riksbank |
In Sweden, benchmark interest rate is set by the Executive Board of the Central Bank of Sweden (The Riksbank). The main interest rate is the repo rate which is the rate of interest at which banks can borrow or deposit funds at the Riksbank for a period of seven days. The Riksbank's target is to hold inflation in terms of the CPIF (the CPI with a fixed interest rate) around 2 percent a year.
Latest Updates
The central bank of Sweden left its key repo rate unchanged at -0.25 percent on September 5th 2019, as widely expected. Policymakers noted that the economy has entered to a calmer phase and inflation is close to the target of 2 percent. The Committee said that there are still major risks that may affect economic developments. Policymakers added the interest rate is expected to be raised towards the end of the year or at the beginning of next year but at a slower pace than in the previous forecast due to worsened sentiment and low interest rates abroad.
Sweden Interest Rate History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Sep 5, 2019 | 07:43 | Sweden Holds Key Rate at -0.25% |
| Jul 3, 2019 | 08:40 | Sweden Leaves Interest Rate Unchanged at -0.25% |
| Apr 25, 2019 | 08:39 | Sweden Holds Key Rate at -0.25% |
A Look at the Markets
Educational Pieces on Marco Indicators
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Sweden money Indicators
All Sweden indicatorsScroll for more details
Indicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Banks Balance Sheet | 10,388,210 Aug 2019 | 10,028,783 Jul 2019 | 1,784,742 Jan 1996 | 13,664,616 Apr 2018 | SEK Million | Monthly | 1996 - 2019 |
| Central Bank Balance Sheet | 951,360 Sep 2019 | 912,237 Aug 2019 | 28,957 Jan 1976 | 969,911 Feb 2019 | SEK Million | Monthly | 1976 - 2019 |
| Deposit Interest Rate | -1 Sep 2019 | -1 Aug 2019 | -1.25 Nov 2018 | 8 Oct 1995 | % | Monthly | 1994 - 2019 |
| Foreign Exchange Reserves | 563,167 Sep 2019 | 536,943 Aug 2019 | 34,098 Feb 1985 | 573,065 Mar 2019 | SEK Million | Monthly | 1985 - 2019 |
| Interbank Rate | -0.07 Oct 2019 | -0.07 Oct 2019 | -0.65 Nov 2017 | 13.13 Dec 1992 | % | Daily | 1992 - 2019 |
| Interest Rate | -0.25 Sep 2019 | -0.25 Aug 2019 | -0.5 Oct 2018 | 8.91 Dec 1995 | % | Daily | 1994 - 2019 |
Interest Rate across Europe
Interest Rate global viewScroll for more details
Country | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Albania | 1 Oct 2019 | 1 Sep 2019 | 1 Nov 2018 | 8.5 Nov 2002 | % | Daily | 2001 - 2019 |
| Armenia | 5.5 Sep 2019 | 5.75 Aug 2019 | 5.5 Sep 2019 | 10.5 Jun 2015 | % | Daily | 2010 - 2019 |
| Euro Area | 0 Sep 2019 | 0 Aug 2019 | 0 Oct 2018 | 4.75 Apr 2001 | % | Daily | 1998 - 2019 |
| Belarus | 9.5 Oct 2019 | 9.5 Sep 2019 | 9.5 Aug 2019 | 480 Nov 1994 | % | Daily | 1991 - 2019 |
| Bosnia and Herzegovina | 3.1 Aug 2019 | 3.06 Jul 2019 | 3.06 Jul 2019 | 80.25 Jan 1999 | % | Monthly | 1998 - 2019 |
| Croatia | 2.5 Sep 2019 | 2.5 Aug 2019 | 2.5 Nov 2018 | 4,290.85 Sep 1993 | % | Daily | 1992 - 2019 |