Interest Rate

Insights

The Russian Central Bank lowered its key interest rate to 16.5% in October 2025 from 17% in September 2025.
Turkey's interest rate decreased to 39.5% in October 2025 from 40.5% in September 2025. This 100 basis point reduction occurred despite annual inflation rising to 33.29% in September 2025.
South Korea's interest rate remained at 2.5% in October 2025. This rate is unchanged from August 2025.

Data is available for the period 1975 to 2025 across 105 countries.

World Major Countries Americas Europe Asia Oceania Africa

Country	Current Value	Previous Value	Next Release	Last Updated
United States	4.25%	4.5%	Oct 29, 2025	Sep 17, 2025
China	3%	3%	Nov 20, 2025	Oct 20, 2025
Euro Area	2.15%	2.15%	Oct 30, 2025	Sep 11, 2025
Japan	0.5%	0.5%	Oct 29, 2025	Sep 19, 2025
India	5.5%	5.5%	Dec 05, 2025	Oct 01, 2025
United Kingdom	4%	4%	Nov 06, 2025	Sep 18, 2025
Canada	2.5%	2.75%	Oct 29, 2025	Sep 17, 2025
Brazil	15%	15%	Nov 05, 2025	Sep 18, 2025
Russia	16.5%	17%	Dec 19, 2025	Oct 24, 2025
Mexico	7.5%	7.75%	Nov 06, 2025	Sep 26, 2025
Australia	3.6%	3.6%	Nov 03, 2025	Sep 30, 2025
South Korea	2.5%	2.5%	Nov 26, 2025	Oct 23, 2025
Indonesia	4.75%	4.75%	Nov 19, 2025	Oct 22, 2025
Turkey	39.5%	40.5%	Dec 11, 2025	Oct 23, 2025
Saudi Arabia	4.75%	5%		Sep 18, 2025
Switzerland	0%	0%	Dec 11, 2025	Sep 25, 2025
Poland	4.5%	4.75%	Nov 05, 2025	Oct'25
Argentina	29%	29%		Jul 31, 2025
Sweden	1.75%	2%	Nov 05, 2025	Sep 23, 2025
Israel	4.5%	4.5%	Nov 24, 2025	Sep 29, 2025
United Arab Emirates	4.15%	4.4%		Sep 18, 2025
Thailand	1.5%	1.5%	Dec 17, 2025	Oct 08, 2025
Norway	4%	4.25%	Nov 06, 2025	Sep 18, 2025
Vietnam	4.5%	4.5%		Jul 31, 2025
Philippines	4.75%	5%	Dec 11, 2025	Oct 09, 2025
Bangladesh	10%	10%		Aug 31, 2025
Iran	23%	23%		Aug'25
Denmark	1.6%	1.6%	Oct 30, 2025	Jul 31, 2025
Malaysia	2.75%	2.75%	Nov 06, 2025	Sep 04, 2025
Colombia	9.25%	9.25%	Oct 31, 2025	Sep 30, 2025
Hong Kong	4.5%	4.75%		Sep 18, 2025
South Africa	7%	7.25%	Nov 20, 2025	Sep 18, 2025
Egypt	21%	22%	Nov 20, 2025	Oct 02, 2025
Romania	6.5%	6.5%	Nov 12, 2025	Oct 08, 2025
Pakistan	11%	11%	Oct 27, 2025	Sep 15, 2025
Czech Republic	3.5%	3.5%	Nov 06, 2025	Sep 24, 2025
Chile	4.75%	4.75%	Oct 28, 2025	Sep 10, 2025
Peru	4.25%	4.5%	Nov 13, 2025	Oct 10, 2025
Kazakhstan	18%	16.5%	Nov 28, 2025	Oct 10, 2025
Iraq	5.5%	5.5%		Aug 31, 2025
Algeria	2.75%	3%		Aug 28, 2025
New Zealand	2.5%	3%	Nov 26, 2025	Oct 08, 2025
Hungary	6.5%	6.5%	Nov 18, 2025	Oct 21, 2025
Qatar	4.85%	5.1%		Sep 18, 2025
Ukraine	15.5%	15.5%	Dec 11, 2025	Oct 23, 2025
Nigeria	27%	27.5%	Nov 25, 2025	Sep 23, 2025
Kuwait	3.75%	4%		Sep 18, 2025
Morocco	2.25%	2.25%	Dec 16, 2025	Sep 23, 2025
Ethiopia	15%	15%		Aug 31, 2025
Ecuador	8%	8.17%		Sep 30, 2025
Kenya	9.25%	9.5%	Dec 09, 2025	Oct 07, 2025
Dominican Republic	5.75%	5.75%	Oct 30, 2025	Sep 27, 2025
Uzbekistan	14%	14%	Oct 23, 2025	Oct 24, 2025
Guatemala	4%	4.5%		Sep 30, 2025
Bulgaria	1.81%	1.82%	Nov 03, 2025	Oct 01, 2025
Cuba	225%	2.25%		Sep 30, 2025
Oman	4.75%	5%		Sep 18, 2025
Sri Lanka	7.75%	7.75%	Nov 26, 2025	Sep 24, 2025
Costa Rica	3.5%	3.75%		Sep'25
Serbia	5.75%	5.75%	Nov 13, 2025	Oct 09, 2025
Côte d'Ivoire	5.25%	5.25%		Jul 31, 2025
Ghana	21.5%	25%	Nov 19, 2025	Sep 17, 2025
Uruguay	8.25%	8.75%	Nov 18, 2025	Oct 08, 2025
Angola	19%	19.5%	Nov 18, 2025	Sep 16, 2025
Tanzania	5.75%	5.75%		Aug 31, 2025
Belarus	9.75%	9.75%		Aug 31, 2025
Azerbaijan	7%	7%	Dec 10, 2025	Oct 22, 2025
Myanmar	9%	9%		Aug 31, 2025
Congo - Kinshasa	17.5%	25%		Oct 31, 2025
Uganda	9.75%	9.75%	Nov 06, 2025	Aug 07, 2025
Tunisia	7.5%	7.5%		Jul 30, 2025
Jordan	6.25%	6.5%		Sep 30, 2025
Cameroon	4.5%	4.5%		Aug 31, 2025
Macao SAR China	4.5%	4.75%		Sep 18, 2025
Bolivia	4.47%	4.1%		Sep 30, 2025
Bahrain	5%	5.25%		Sep 18, 2025
Libya	3%	3%		Aug 31, 2025
Cambodia	0.44%	0.77%		Aug 30, 2025
Paraguay	6%	6%	Oct 24, 2025	Sep 24, 2025
Zimbabwe	35%	35%		Jul 31, 2025
Nepal	6%	6%		Aug 31, 2025
Honduras	5.75%	5.75%		Aug 31, 2025
El Salvador	5.2%	5.3%		Sep 30, 2025
Georgia	8%	8%	Nov 05, 2025	Sep 10, 2025
Iceland	7.5%	7.5%	Nov 19, 2025	Oct 08, 2025
Papua New Guinea	5%	4%		Sep 30, 2025
Senegal	5.25%	5.25%		Jul 31, 2025
Bosnia & Herzegovina	4.66%	4.26%		Mar'25
Albania	2.5%	2.5%	Nov 05, 2025	Oct 01, 2025
Mali	5.25%	5.25%		Jul 31, 2025
Trinidad & Tobago	3.5%	3.5%		Aug 31, 2025
Zambia	14.5%	14.5%	Nov 12, 2025	Aug 13, 2025
Armenia	6.75%	6.75%	Nov 04, 2025	Sep'25
Guinea	10.25%	10.25%		Aug 31, 2025
Haiti	17%	17%		Jul 31, 2025
Guyana	5%	5%		Aug'25
Mongolia	12%	12%	Dec 19, 2025	Sep 19, 2025
Burkina Faso	5.25%	5.25%		Jul 31, 2025
North Macedonia	5.35%	5.35%	Nov 05, 2025	Sep 17, 2025
Congo - Brazzaville	4.5%	4.5%		Aug 31, 2025
Eswatini	6.75%	7%		May 30, 2025
Guinea-Bissau	5.25%	5.25%		Jul 31, 2025
São Tomé & Príncipe	10%	10%		Aug 31, 2025
Venezuela	58.95%	59.06%		Sep'25
Taiwan	2%	2%	Dec 18, 2025	Sep 18, 2025

Interest Rate : Definition

The Interest Rate set by central banks is the benchmark rate at which commercial banks can borrow money from the central bank. It is the primary tool of monetary policy, influencing borrowing costs, consumer spending, business investment, inflation, and overall economic growth.