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Ukraine Interest Rate

Ukraine's interest rate held steady at 15.5% in October 2025, matching the September 2025 rate. The National Bank of Ukraine maintained this level to ensure currency stability and curb inflation. This decision supports the hryvnia and aligns with observed decreases in annual inflation. Ukraine's record low interest rate was 6% in June 2020 and record high was 25% in June 2022.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Oct 23, 2025 15.5%
Sep 11, 2025 15.5%
Jul 24, 2025 15.5%
Jun 05, 2025 15.5%
Apr 17, 2025 15.5%
Mar 06, 2025 15.5%
Jan 23, 2025 14.5%
Dec 12, 2024 13.5%
Oct 31, 2024 13%
Sep 19, 2024 13%
Jul 25, 2024 13%
Jun 13, 2024 13%
Apr 25, 2024 13.5%
Mar 14, 2024 14.5%
Jan 25, 2024 15%
Dec 15, 2023 15%
Oct 26, 2023 16%
Sep 14, 2023 20%
Jul 27, 2023 22%
Jun 15, 2023 25%
Apr 27, 2023 25%
Mar 16, 2023 25%
Jan 26, 2023 25%
Dec 08, 2022 25%
Oct 20, 2022 25%
Sep 08, 2022 25%
Jul 21, 2022 25%
Jun 02, 2022 25%
Apr 14, 2022 10%
Mar 03, 2022 10%
Jan 20, 2022 10%
Dec 06, 2021 9%
Oct 21, 2021 8.5%
Sep 09, 2021 8.5%
Jul 22, 2021 8%
Jun 17, 2021 7.5%
Apr 15, 2021 7.5%
Mar 04, 2021 6.5%
Jan 21, 2021 6%
Dec 10, 2020 6%
Oct 22, 2020 6%
Sep 03, 2020 6%
Jul 23, 2020 6%
Jun 11, 2020 6%
Apr 23, 2020 8%
Mar 12, 2020 10%
Jan 30, 2020 11%
Dec 12, 2019 13.5%
Oct 24, 2019 15.5%
Sep 05, 2019 16.5%
Jul 18, 2019 17%
Jun 06, 2019 17.5%
Apr 25, 2019 17.5%
Mar 14, 2019 18%
Jan 31, 2019 18%
Dec 13, 2018 18%
Oct 25, 2018 18%
Sep 06, 2018 18%
Jul 12, 2018 17.5%
May 24, 2018 17%
Apr 12, 2018 17%
Feb 28, 2018 16%
Jan 25, 2018 16%
Dec 14, 2017 14.5%
Oct 26, 2017 13.5%
Sep 14, 2017 12.5%
Aug 03, 2017 12.5%
Jun 30, 2017 12.5%
May 25, 2017 12.5%
Apr 13, 2017 13%
Mar 02, 2017 14%
Jan 26, 2017 14%
Dec 08, 2016 14%
Oct 27, 2016 14%
Sep 15, 2016 15%
Jul 28, 2016 15.5%
Jun 23, 2016 16.5%
May 26, 2016 18%
Apr 21, 2016 19%
Mar 03, 2016 22%
Jan 28, 2016 22%
Dec 17, 2015 22%
Oct 29, 2015 22%
Sep 24, 2015 22%

Recent Events

datetime event actual previous consensus
2025-10-23 07:00 AM Interest Rate Decision 15.5% 15.5% -
2025-09-11 07:00 AM Interest Rate Decision 15.5% 15.5% -

Next Release Date :

Ukraine Interest Rate : Definition
The Interest Rate set by the National Bank of Ukraine 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 -8.1% -5.7% Dec'24
Debt to GDP Ratio 89.8% 82.3% Dec'24
Private Credit (% GDP) 18.65% 23.32% 2023