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Chile Interest Rate

Chile's interest rate remained at 4.75% in September 2025, unchanged from July 2025. This followed a 25 basis point cut in July from 5.00%. The Central Bank of Chile held the rate steady due to higher-than-expected core inflation and upward revisions to future inflation forecasts. A stronger domestic economy in Q2 and robust salary growth also influenced this decision. The central bank aims to return inflation to its 3% target within two years. Chile's record low interest rate was 0.5% in July 2009 and record high was 14% in September 1998.

Historical Data (1995-2025)

(in %)
Date Interest Rate
Sep 10, 2025 4.75%
Jul 29, 2025 4.75%
Jun 17, 2025 5%
Apr 29, 2025 5%
Mar 21, 2025 5%
Jan 28, 2025 5%
Dec 17, 2024 5%
Oct 17, 2024 5.25%
Sep 04, 2024 5.5%
Jul 31, 2024 5.75%
Jun 19, 2024 5.75%
May 23, 2024 6%
Apr 02, 2024 6.5%
Jan 31, 2024 7.25%
Dec 20, 2023 8.25%
Nov 30, 2023 9%
Oct 26, 2023 9%
Sep 05, 2023 9.5%
Jul 28, 2023 10.25%
Jun 19, 2023 11.25%
May 12, 2023 11.25%
Apr 04, 2023 11.25%
Feb 28, 2023 11.25%
Jan 26, 2023 11.25%
Dec 06, 2022 11.25%
Oct 13, 2022 11.25%
Sep 06, 2022 10.75%
Jul 13, 2022 9.75%
Jun 07, 2022 9%
May 06, 2022 8.25%
Apr 30, 2022 7%
Mar 29, 2022 7%
Jan 26, 2022 5.5%
Dec 14, 2021 4%
Oct 14, 2021 2.75%
Aug 31, 2021 1.5%
Jul 15, 2021 0.75%
Jun 08, 2021 0.5%
Mar 30, 2021 0.5%
Jan 27, 2021 0.5%
Dec 07, 2020 0.5%
Oct 15, 2020 0.5%
Aug 31, 2020 0.5%
Jul 15, 2020 0.5%
Jun 16, 2020 0.5%
May 06, 2020 0.5%
Mar 16, 2020 1%
Jan 29, 2020 1.75%
Dec 06, 2019 1.75%
Oct 23, 2019 1.75%
Sep 03, 2019 2%
Jul 18, 2019 2.5%
Jun 07, 2019 2.5%
Apr 30, 2019 3%
Mar 29, 2019 3%
Jan 30, 2019 3%
Dec 04, 2018 2.75%
Oct 18, 2018 2.75%
Sep 04, 2018 2.5%
Jul 24, 2018 2.5%
Jun 13, 2018 2.5%
May 03, 2018 2.5%
Mar 20, 2018 2.5%
Jan 31, 2018 2.5%
Dec 11, 2017 2.5%
Nov 18, 2017 2.5%
Oct 16, 2017 2.5%
Aug 17, 2017 2.5%
Jul 15, 2017 2.5%
Jun 11, 2017 2.5%
May 17, 2017 2.5%
Apr 13, 2017 2.75%
Feb 14, 2017 3.25%
Jan 19, 2017 3.25%
Dec 13, 2016 3.5%
Oct 18, 2016 3.5%
Sep 15, 2016 3.5%
Aug 11, 2016 3.5%
Jul 14, 2016 3.5%
Jun 11, 2016 3.5%
Apr 16, 2016 3.5%
Mar 19, 2016 3.5%
Feb 11, 2016 3.5%
Dec 17, 2015 3.5%
Dec 11, 2015 3.5%
Nov 18, 2015 3.25%
Oct 16, 2015 3.25%
Sep 15, 2015 3%
Oct 16, 2014 3%
Sep 11, 2014 3.25%
Jul 15, 2014 3.75%
Mar 13, 2014 4%
Feb 18, 2014 4.25%
Nov 19, 2013 4.5%
Oct 17, 2013 4.75%
Jan 12, 2012 5%
Jun 15, 2011 5.25%
May 13, 2011 5%
Mar 18, 2011 4%
Feb 18, 2011 3.5%
Dec 17, 2010 3.25%
Nov 17, 2010 3%
Oct 15, 2010 2.75%
Sep 21, 2010 2.5%
Aug 13, 2010 2%
Jul 19, 2010 1.5%
Jun 16, 2010 1%
Jul 10, 2009 0.5%
Jun 17, 2009 0.75%
May 08, 2009 1.25%
Mar 13, 2009 2.25%
Feb 13, 2009 4.75%
Jan 09, 2009 7.25%
Sep 05, 2008 8.25%
Aug 18, 2008 7.75%
Jul 11, 2008 7.25%
Jun 11, 2008 6.75%
Jan 11, 2008 6.25%
Dec 14, 2007 6%
Sep 14, 2007 5.75%
Aug 10, 2007 5.5%
Jul 13, 2007 5.25%
Jan 12, 2007 5%
Jul 14, 2006 5.25%
Apr 17, 2006 5%
Feb 10, 2006 4.75%
Nov 11, 2005 4.5%
Oct 12, 2005 4.25%
Sep 09, 2005 4%
Jul 13, 2005 3.5%
May 13, 2005 3.25%
Apr 08, 2005 3%
Feb 11, 2005 2.75%
Jan 12, 2005 2.5%
Nov 12, 2004 2.25%
Sep 08, 2004 2%
Jan 09, 2004 1.75%
Dec 12, 2003 2.25%
Jan 10, 2003 2.75%
Aug 09, 2002 3%
Jul 12, 2002 3.25%
May 10, 2002 4%
Mar 13, 2002 4.75%
Feb 20, 2002 5.5%
Jan 11, 2002 6%
Aug 09, 2001 6.5%
Jun 13, 2001 3.5%
Apr 11, 2001 3.75%
Mar 05, 2001 4%
Feb 21, 2001 4.5%
Jan 19, 2001 4.75%
Aug 29, 2000 5%
Mar 17, 2000 5.5%
Jan 28, 2000 5.25%
Jun 22, 1999 5%
May 07, 1999 6%
Apr 07, 1999 6.5%
Mar 10, 1999 7%
Jan 27, 1999 7.25%
Dec 23, 1998 7.8%
Nov 03, 1998 10%
Oct 14, 1998 12%
Sep 17, 1998 14%
Feb 04, 1998 8.5%
Jan 08, 1998 7%
Sep 03, 1997 6.5%
Jun 06, 1997 6.75%
Apr 14, 1997 7%
Feb 07, 1997 7.25%
Apr 09, 1996 7.5%
Dec 04, 1995 6.7%
Oct 09, 1995 6.5%
Sep 09, 1995 6%
Jul 09, 1995 5.7%
May 29, 1995 6%

Recent Events

datetime event actual previous consensus
2025-09-09 06:00 PM Interest Rate Decision 4.75% 4.75% 4.75%

Next Release Date :

Chile Interest Rate : Definition
The Interest Rate set by the Central Bank of Chile is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -1.5% -3.2% Dec'24
Debt to GDP Ratio 41.7% 39.4% Dec'24
Private Credit (% GDP) 103.39% 109.49% 2024