This is a list of countries by annualized interest rate set by the central bank for charging commercial, depository banks for loans to meet temporary shortages of funds.
+List of sovereign states by central bank interest rates Country orcurrency union Nominal central bankinterest rate (%) Change sincemost recentdecision Effective dateof last change 6.00 3.00 2.50 0.25 2.50 0.50 14.75 1.00 29.00 3.00 6.75 0.25 4.60 0.25 6.50 0.25 4.00 0.50 4.50 0.25 9.50 0.50 2.00 5.00 9.25 0.50 3.65 0.06 5.50 2.00 13.75 0.25 4.50 0.25 2.25 0.25 1.50 0.25 Central African States4.50 0.25 4.50 0.25 4.50 0.25 3.00 0.10 12.25 0.25 3.00 0.25 12.50 1.00 4.50 0.25 3.75 0.25 2.10 0.25 5.50 0.25 Eastern Caribbean 3.00 1.00 19.00 1.00 4.50 0.25 6.75 0.25 16.00 1.00 Eurozone 2.50 0.25 0.25 0.25 4.50 0.25 14.00 2.00 8.25 0.25 14.00 1.50 4.00 0.25 5.75 1.75 4.25 0.25 5.50 0.25 8.00 0.25 5.25 0.25 5.75 0.25 23.00 0.60 3.25 0.25 6.00 0.50 1.25 0.25 5.75 0.25 16.25 0.50 8.75 0.25 3.50 0.25 12.00 1.00 7.00 1.00 25.00 5.00 6.50 0.25 16.00 0.25 4.25 0.25 12.50 0.50 24.00 2.00 2.75 0.25 4.75 0.25 6.50 0.25 9.00 1.50 12.50 0.50 2.25 0.25 9.25 0.25 6.75 0.25 2.75 0.25 6.00 0.25 23.00 3.50 4.25 0.25 4.50 0.25 4.50 0.25 11.50 1.00 5.00 1.00 5.75 0.25 4.25 0.25 5.00 0.25 3.75 0.25 4.35 0.25 4.50 0.25 6.50 0.25 14.00 0.25 8.75 0.50 2.95 2.58 4.50 0.25 5.75 0.25 1.75 0.25 17.25 0.25 4.50 0.25 7.25 0.25 3.00 0.25 13.00 1.00 8.75 1.00 10.00 1.00 1.75 0.25 0.00 0.25 2.00 0.125 7.00 0.50 6.25 0.50 1.00 0.25 3.50 1.50 7.00 0.50 37.00 1.00 9.75 0.25 16.00 0.50 3.90 0.25 3.75 0.25 4.00 0.25 5.75 0.75 14.00 0.50 58.91 0.31 4.50 0.50 West African States 3.00 0.25 27.00 12.00 10.75 2.50 27.50 2.50
Economists generally argue real interest rates, which are adjusted for inflation, tend to be more important than nominal rates when assessing monetary policy.
See also Consumer price index by country List of countries by inflation rate
References