Costa Rica Interest Rate
Costa Rica's interest rate fell to 3.5% in September 2025 from 3.75% in August 2025. This marks the lowest rate since March 2022. The decrease stems from inflation remaining below the Central Bank of Costa Rica's target range of 2% to 4%. Inflation expectations are also near 2%. The Central Bank of Costa Rica indicated that economic activity is strong and employment and real wages have improved. This supports a more accommodative monetary policy. Costa Rica's record low interest rate was 0.75% in June 2020 and record high was 9% in October 2022.
Historical Data (2015-2025)
(in %)Costa Rica Interest Rate : Definition
The Interest Rate set by the Central Bank of Costa Rica is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.