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El Salvador Interest Rate

El Salvador's interest rate decreased to 5.2% in September 2025 from 5.3% in August 2025. This decline is linked to enhanced market confidence, shown by a drop in sovereign spreads to 400 basis points by September 2025. As a dollarized economy, El Salvador's monetary policy responds to fiscal stability and global financial conditions. El Salvador's record low interest rate was 3.43% in November 2022 and record high was 5.91% in September 2024.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Sep 30, 2025 5.2%
Aug 31, 2025 5.3%
Jul 31, 2025 5.48%
Jun 30, 2025 5.38%
May 31, 2025 5.41%
Apr 30, 2025 5.33%
Mar 31, 2025 5.45%
Feb 28, 2025 5.47%
Jan 31, 2025 5.59%
Dec 31, 2024 5.53%
Nov 30, 2024 5.54%
Oct 31, 2024 5.84%
Sep 30, 2024 5.91%
Aug 31, 2024 5.52%
Jul 31, 2024 5.61%
Jun 30, 2024 5.57%
May 31, 2024 5.57%
Apr 30, 2024 5.58%
Mar 31, 2024 5.64%
Feb 29, 2024 5.46%
Jan 31, 2024 5.42%
Dec 31, 2023 5.43%
Nov 30, 2023 5.58%
Oct 31, 2023 5.26%
Sep 30, 2023 5.41%
Aug 31, 2023 5.28%
Jul 31, 2023 5.5%
Jun 30, 2023 5.42%
May 31, 2023 5.22%
Dec 31, 2022 5.02%
Nov 30, 2022 3.43%
Oct 31, 2022 4.66%
Sep 30, 2022 4.7%
Aug 31, 2022 4.58%
Jul 31, 2022 4.49%
Jun 30, 2022 4.45%
Apr 30, 2022 4.37%
Mar 31, 2022 4.5%
Feb 28, 2022 4.38%
Jan 31, 2022 4.27%
Dec 31, 2021 4.46%
Nov 30, 2021 4.24%
Oct 31, 2021 4.5%
Sep 30, 2021 4.13%
Aug 31, 2021 3.97%
Jul 31, 2021 3.88%
Jun 30, 2021 3.92%
May 31, 2021 3.94%
Apr 30, 2021 3.9%
Mar 31, 2021 4.03%
Feb 28, 2021 4.14%
Jan 31, 2021 3.91%
Dec 31, 2020 3.89%
Nov 30, 2020 3.9%
Oct 31, 2020 3.91%
Sep 30, 2020 3.93%
Aug 31, 2020 4.12%
Jul 31, 2020 4.18%
Jun 30, 2020 4.26%
May 31, 2020 4.22%
Apr 30, 2020 4.23%
Mar 31, 2020 4.14%
Feb 29, 2020 4.31%
Jan 31, 2020 4.29%
Dec 31, 2019 4.25%
Nov 30, 2019 4.24%
Oct 31, 2019 4.26%
Sep 30, 2019 4.36%
Aug 31, 2019 4.39%
Jul 31, 2019 4.31%
Jun 30, 2019 4.32%
May 31, 2019 4.24%
Apr 30, 2019 4.24%
Mar 31, 2019 4.31%
Feb 28, 2019 4.34%
Jan 31, 2019 4.33%
Dec 31, 2018 4.25%
Nov 30, 2018 4.24%
Oct 31, 2018 4.21%
Sep 30, 2018 4.26%
Aug 31, 2018 4.21%
Jul 31, 2018 4.24%
Jun 30, 2018 4.22%
May 31, 2018 4.14%
Apr 30, 2018 4.18%
Mar 31, 2018 4.29%
Feb 28, 2018 4.29%
Jan 31, 2018 4.31%
Dec 31, 2017 4.39%
Nov 30, 2017 4.31%
Oct 31, 2017 4.38%
Sep 30, 2017 4.43%
Aug 31, 2017 4.43%
Jul 31, 2017 4.42%
Jun 30, 2017 4.48%
May 31, 2017 4.39%
Apr 30, 2017 4.36%
Mar 31, 2017 4.54%
Feb 28, 2017 4.5%
Jan 31, 2017 4.47%
Dec 31, 2016 4.56%
Nov 30, 2016 4.47%
Oct 31, 2016 4.46%
Sep 30, 2016 4.51%
Aug 31, 2016 4.45%
Jul 31, 2016 4.46%
Jun 30, 2016 4.48%
May 31, 2016 4.37%
Apr 30, 2016 4.33%
Mar 31, 2016 4.31%
Feb 29, 2016 4.24%
Jan 31, 2016 4.26%
Dec 31, 2015 4.33%
Nov 30, 2015 4.25%
Oct 31, 2015 4.25%
Sep 30, 2015 4.29%
Aug 31, 2015 4.09%
El Salvador Interest Rate : Definition
The Interest Rate set by the Central Reserve Bank of El Salvador 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
Private Credit (% GDP) 62.49% 61.9% 2024