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Czech Republic Interest Rate

The Czech Republic maintained its key interest rate at 3.5% in September 2025, unchanged from August 2025. This decision reflects persistent inflationary pressures and upside risks including rapid wage growth and increased property sector activity. Although headline inflation eased to 2.5% in August 2025, core inflation rose. Economic growth is expected to accelerate, driven by domestic demand and household consumption. External factors present downside risks. Czech Republic's record low interest rate was 0.05% in November 2012 and record high was 8.75% in January 1999.

Historical Data (1999-2025)

(in %)
Date Interest Rate
Sep 24, 2025 3.5%
Aug 07, 2025 3.5%
Jun 25, 2025 3.5%
May 07, 2025 3.5%
Mar 26, 2025 3.75%
Feb 07, 2025 3.75%
Jan 31, 2025 4%
Dec 19, 2024 4%
Nov 07, 2024 4%
Sep 25, 2024 4.25%
Jul 31, 2024 4.75%
Jun 27, 2024 4.75%
May 02, 2024 5.25%
Mar 21, 2024 5.75%
Feb 08, 2024 6.25%
Dec 21, 2023 6.75%
Nov 02, 2023 7%
Sep 27, 2023 7%
Aug 03, 2023 7%
Jun 21, 2023 7%
May 03, 2023 7%
Mar 29, 2023 7%
Feb 02, 2023 7%
Dec 21, 2022 7%
Nov 03, 2022 7%
Sep 29, 2022 7%
Aug 04, 2022 7%
Jun 22, 2022 7%
May 05, 2022 5.75%
Mar 31, 2022 5%
Feb 03, 2022 4.5%
Dec 23, 2021 3.75%
Nov 05, 2021 2.75%
Sep 30, 2021 1.5%
Aug 05, 2021 0.75%
Jun 23, 2021 0.5%
May 06, 2021 0.25%
Mar 24, 2021 0.25%
Feb 04, 2021 0.25%
Dec 17, 2020 0.25%
Nov 05, 2020 0.25%
Sep 23, 2020 0.25%
Aug 06, 2020 0.25%
Jun 24, 2020 0.25%
May 07, 2020 0.25%
Mar 26, 2020 1%
Mar 16, 2020 1.75%
Feb 06, 2020 2.25%
Dec 18, 2019 2%
Nov 07, 2019 2%
Sep 25, 2019 2%
Jul 31, 2019 2%
Jun 26, 2019 2%
May 02, 2019 2%
Mar 28, 2019 1.75%
Feb 07, 2019 1.75%
Dec 20, 2018 1.75%
Nov 02, 2018 1.75%
Sep 26, 2018 1.5%
Aug 02, 2018 1.25%
Jun 27, 2018 1%
May 03, 2018 0.75%
Mar 29, 2018 0.75%
Jan 31, 2018 0.5%
Dec 21, 2017 0.5%
Nov 02, 2017 0.5%
Sep 27, 2017 0.25%
Aug 03, 2017 0.25%
Jun 29, 2017 0.05%
May 04, 2017 0.05%
Mar 30, 2017 0.05%
Feb 02, 2017 0.05%
Dec 22, 2016 0.05%
Nov 03, 2016 0.05%
Sep 29, 2016 0.05%
Aug 06, 2016 0.05%
Jun 25, 2016 0.05%
Apr 30, 2016 0.05%
Mar 26, 2016 0.05%
Feb 05, 2016 0.05%
Dec 16, 2015 0.05%
Nov 05, 2015 0.05%
Sep 24, 2015 0.05%
Nov 01, 2012 0.05%
Sep 27, 2012 0.25%
Jun 28, 2012 0.5%
May 07, 2010 0.75%
Dec 17, 2009 1%
Aug 07, 2009 1.25%
May 11, 2009 1.5%
Feb 06, 2009 1.75%
Dec 18, 2008 2.25%
Nov 07, 2008 2.75%
Aug 08, 2008 3.5%
Feb 08, 2008 3.75%
Nov 30, 2007 3.5%
Aug 31, 2007 3.25%
Jul 27, 2007 3%
Jun 01, 2007 2.75%
Sep 29, 2006 2.5%
Jul 28, 2006 2.25%
Oct 31, 2005 2%
Apr 29, 2005 1.75%
Jan 28, 2005 2.25%
Aug 27, 2004 2.5%
Jun 25, 2004 2.25%
Aug 01, 2003 2%
Jun 26, 2003 2.25%
Jan 31, 2003 2.5%
Nov 01, 2002 2.75%
Jul 26, 2002 3%
Apr 26, 2002 3.75%
Jan 22, 2002 4.5%
Nov 30, 2001 4.75%
Jul 27, 2001 5.25%
Feb 23, 2001 5%
Nov 26, 1999 5.25%
Oct 05, 1999 5.75%
Sep 03, 1999 6%
Jul 30, 1999 6.25%
Jun 25, 1999 6.5%
May 04, 1999 6.9%
Mar 12, 1999 7.5%
Jan 29, 1999 8%
Jan 18, 1999 8.75%

Recent Events

datetime event actual previous consensus
2025-09-24 08:30 AM CNB Interest Rate Decision 3.5% 3.5% 3.5%

Next Release Date :

Czech Republic Interest Rate : Definition
The Interest Rate set by the Czech National Bank 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 1.8% -0.1% Dec'24
Debt to GDP Ratio 43.3% 42.2% Dec'24
Private Credit (% GDP) 48.31% 47.98% 2024