Sweden Interest Rate
Last Release
Jul 2019
Actual
-0.25 %
Forecast
-0.25 %
Previous
-0.25 %
Frequency
Daily
Units In
%
Next Release
Sep 5, 2019
Time to Release
13 Days 16 Hours
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Highest | Lowest | Average | Date Range | Source |
8.91 % Dec 1995 | -0.5 % Oct 2018 | 3.04 % | 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 held its key repo rate steady at -0.25 percent on July 3rd 2019, in line with market expectations, as economic activity remains strong and inflation is close to the target of 2 per cent. Meantime, policymakers added that the forecast for the repo rate was unchanged and reiterated the intention to raise it towards the end of the year or at the beginning of next year. However, the bank underscored that uncertainty abroad poses some risks to global outlook which requires proceeding cautiously with monetary policy.
Sweden Interest Rate History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| 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 | 9,795,788 Jun 2019 | 9,999,899 May 2019 | 1,784,742 Jan 1996 | 13,664,616 Apr 2018 | SEK Million | Monthly | 1996 - 2019 |
| Central Bank Balance Sheet | 908,711 Jul 2019 | 937,742 Jun 2019 | 28,957 Jan 1976 | 969,911 Feb 2019 | SEK Million | Monthly | 1976 - 2019 |
| Deposit Interest Rate | -1 Jul 2019 | -1 Jun 2019 | -1.25 Nov 2018 | 8 Oct 1995 | % | Monthly | 1994 - 2019 |
| Foreign Exchange Reserves | 535,526 Jul 2019 | 564,451 Jun 2019 | 34,098 Feb 1985 | 573,065 Mar 2019 | SEK Million | Monthly | 1985 - 2019 |
| Interbank Rate | -0.02 Aug 2019 | -0.02 Aug 2019 | -0.65 Nov 2017 | 13.13 Dec 1992 | % | Daily | 1992 - 2019 |
| Interest Rate | -0.25 Jul 2019 | -0.25 Jun 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 Aug 2019 | 1 Jul 2019 | 1 Nov 2018 | 8.5 Nov 2002 | % | Daily | 2001 - 2019 |
| Armenia | 5.75 Jul 2019 | 5.75 Jun 2019 | 5.75 Jan 2019 | 10.5 Jun 2015 | % | Daily | 2010 - 2019 |
| Euro Area | 0 Jul 2019 | 0 Jun 2019 | 0 Oct 2018 | 4.75 Apr 2001 | % | Daily | 1998 - 2019 |
| Belarus | 9.5 Aug 2019 | 10 Jul 2019 | 9.5 Aug 2019 | 480 Nov 1994 | % | Daily | 1991 - 2019 |
| Bosnia and Herzegovina | 3.35 Jun 2019 | 3.46 May 2019 | 3.34 Apr 2019 | 80.25 Jan 1999 | % | Monthly | 1998 - 2019 |
| Croatia | 2.5 Jun 2019 | 2.5 May 2019 | 2.5 Nov 2018 | 4,290.85 Sep 1993 | % | Daily | 1992 - 2019 |