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Sweden Interest Rate

Sweden's interest rate is expected to be 1.75% in September 2025. The Riksbank sets this rate to ensure price stability and maintain inflation near 2 percent. The central bank watches economic trends like inflation and employment to guide monetary policy. Recent actions balance inflation control with economic expansion. Sweden's interest rate averaged 2.86% between 1994 and 2025. Sweden's record low interest rate was -0.5% in February 2016 and record high was 8.91% in July 1995.

Historical Data (1994-2025)

(in %)
Date Interest Rate
Sep 23, 2025 1.75%
Aug 20, 2025 2%
Jul 31, 2025 2%
Jun 18, 2025 2%
May 08, 2025 2.25%
Mar 20, 2025 2.25%
Jan 29, 2025 2.25%
Dec 19, 2024 2.5%
Nov 07, 2024 2.75%
Sep 25, 2024 3.25%
Aug 21, 2024 3.5%
Jul 31, 2024 3.75%
Jun 27, 2024 3.75%
May 08, 2024 3.75%
Mar 27, 2024 4%
Dec 31, 2023 4%
Nov 23, 2023 4%
Sep 21, 2023 4%
Jun 29, 2023 3.75%
Apr 26, 2023 3.5%
Feb 09, 2023 3%
Dec 31, 2022 2.5%
Nov 24, 2022 2.5%
Sep 20, 2022 1.75%
May 31, 2022 0.25%
Apr 28, 2022 0.25%
Feb 10, 2022 0%
Dec 31, 2021 0%
Nov 25, 2021 0%
Sep 21, 2021 0%
May 31, 2021 0%
Apr 27, 2021 0%
Feb 10, 2021 0%
Dec 31, 2020 0%
Nov 26, 2020 0%
Sep 22, 2020 0%
May 31, 2020 0%
Apr 28, 2020 0%
Feb 12, 2020 0%
Dec 19, 2019 0%
Oct 24, 2019 -0.25%
Sep 05, 2019 -0.25%
Jul 03, 2019 -0.25%
May 31, 2019 -0.25%
Apr 25, 2019 -0.25%
Feb 13, 2019 -0.25%
Dec 20, 2018 -0.25%
Nov 30, 2018 -0.5%
Oct 23, 2018 -0.5%
Sep 05, 2018 -0.5%
Jul 02, 2018 -0.5%
May 31, 2018 -0.5%
Apr 25, 2018 -0.5%
Feb 14, 2018 -0.5%
Dec 20, 2017 -0.5%
Oct 26, 2017 -0.5%
Sep 07, 2017 -0.5%
Jul 04, 2017 -0.5%
May 31, 2017 -0.5%
Apr 27, 2017 -0.5%
Feb 15, 2017 -0.5%
Dec 20, 2016 -0.5%
Oct 27, 2016 -0.5%
Sep 07, 2016 -0.5%
Jul 05, 2016 -0.5%
May 31, 2016 -0.5%
Apr 21, 2016 -0.5%
Feb 11, 2016 -0.5%
Jan 31, 2016 -0.35%
Dec 14, 2015 -0.35%
Oct 27, 2015 -0.35%
Sep 03, 2015 -0.35%
Jul 02, 2015 -0.35%
Mar 18, 2015 -0.25%
Feb 12, 2015 -0.1%
Oct 28, 2014 0%
Jul 03, 2014 0.25%
Dec 17, 2013 0.75%
Dec 18, 2012 1%
Sep 06, 2012 1.25%
Feb 16, 2012 1.5%
Dec 20, 2011 1.75%
Jul 05, 2011 2%
Apr 20, 2011 1.75%
Feb 15, 2011 1.5%
Dec 15, 2010 1.25%
Oct 26, 2010 1%
Sep 02, 2010 0.75%
Jul 01, 2010 0.5%
Jul 08, 2009 0.25%
Apr 22, 2009 0.5%
Feb 18, 2009 1%
Dec 10, 2008 2%
Oct 29, 2008 3.75%
Oct 15, 2008 4.25%
Sep 10, 2008 4.75%
Jul 09, 2008 4.5%
Feb 20, 2008 4.25%
Oct 31, 2007 4%
Sep 12, 2007 3.75%
Jun 27, 2007 3.5%
Feb 21, 2007 3.25%
Dec 20, 2006 3%
Nov 01, 2006 2.75%
Sep 06, 2006 2.5%
Jun 21, 2006 2.25%
Mar 01, 2006 2%
Jan 25, 2006 1.75%
Jun 22, 2005 1.5%
Apr 07, 2004 2%
Feb 11, 2004 2.5%
Jul 09, 2003 2.75%
Jun 11, 2003 3%
Mar 19, 2003 3.5%
Dec 11, 2002 3.75%
Nov 20, 2002 4%
May 02, 2002 4.25%
Mar 20, 2002 4%
Sep 19, 2001 3.75%
Jul 11, 2001 4.25%
Dec 13, 2000 4%
Feb 09, 2000 3.75%
Nov 17, 1999 3.25%
Mar 31, 1999 2.9%
Feb 17, 1999 3.15%
Dec 16, 1998 3.4%
Nov 18, 1998 3.85%
Nov 04, 1998 3.85%
Jun 09, 1998 4.1%
Dec 16, 1997 4.35%
Dec 17, 1996 4.1%
Nov 27, 1996 4.35%
Oct 30, 1996 4.6%
Oct 23, 1996 4.85%
Oct 09, 1996 4.95%
Sep 25, 1996 5.05%
Sep 11, 1996 5.15%
Aug 28, 1996 5.25%
Aug 21, 1996 5.4%
Aug 14, 1996 5.4%
Jul 17, 1996 5.7%
Jul 03, 1996 5.9%
Jun 26, 1996 6.1%
Jun 19, 1996 6.1%
Jun 05, 1996 6.3%
May 22, 1996 6.5%
May 08, 1996 6.7%
May 02, 1996 6.9%
Apr 24, 1996 6.9%
Apr 10, 1996 7.15%
Mar 27, 1996 7.4%
Mar 20, 1996 7.6%
Mar 06, 1996 7.85%
Feb 28, 1996 8.05%
Feb 14, 1996 8.3%
Jan 10, 1996 8.66%
Jul 05, 1995 8.91%
Jun 07, 1995 8.66%
Apr 19, 1995 8.41%
Apr 05, 1995 8.27%
Mar 29, 1995 8.2%
Mar 22, 1995 8.15%
Mar 15, 1995 8.1%
Mar 08, 1995 8.05%
Feb 22, 1995 7.83%
Feb 15, 1995 7.8%
Dec 14, 1994 7.6%
Nov 02, 1994 7.4%
Aug 17, 1994 7.2%
Jun 15, 1994 6.92%

Recent Events

datetime event actual previous consensus
2025-09-23 03:30 AM Riksbank Rate Decision 1.75% 2% 2%
2025-08-20 03:30 AM Riksbank Rate Decision 2% 2% 2%

Next Release Date :

Sweden Interest Rate : Definition
The Interest Rate set by the Sveriges Riksbank 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 5.9% 5.8% Dec'24
Debt to GDP Ratio 34% 32% Dec'24
Private Credit (% GDP) 124.2% 127.7% 2024