Field Listing :: Central bank discount rate |
This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds. | |
Country Comparison to the World |
Country |
Central bank discount rate(%) |
---|
Albania |
6.25% (31 December 2008)
6.25% (31 December 2007) |
Algeria |
4% (31 December 2008)
4% (31 December 2007) |
Angola |
19.57% (31 December 2008)
19.57% (31 December 2007) |
Anguilla |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Antigua and Barbuda |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Argentina | NA% |
Armenia |
7.25% (2 December 2008)
NA% (31 December 2007) note: this is the Refinancing Rate, the key monetary policy instrument of the Armenian National Bank |
Aruba |
5% (31 December 2008)
5% (31 December 2007) |
Australia |
3.75% (31 March 2010)
4.25% (3 December 2008) note: this is the Reserve Bank of Australia's "cash rate target," or policy rate |
Azerbaijan |
2% (31 December 2009)
8% (31 December 2008) note: this is the Refinancing Rate, the key policy rate for the National Bank of Azerbaijan |
Bahamas, The |
5.25% (31 December 2008)
5.25% (31 December 2007) |
Bangladesh |
5% (15 December 2009)
5% (31 December 2008) |
Barbados |
10% (31 December 2008)
12% (31 December 2007) |
Belarus |
12% (31 December 2008)
10% (31 December 2007) |
Belgium |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Belize |
12% (31 December 2008)
12% (31 December 2007) |
Benin |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Bhutan | NA% |
Bolivia |
13% (31 December 2008)
6.5% (31 December 2007) |
Botswana |
15% (31 December 2008)
14.5% (31 December 2007) |
Brazil |
8.75% (31 December 2009)
20.48% (31 December 2008) |
Bulgaria |
0.55% (31 December 2009)
5.77% (31 December 2008) |
Burkina Faso |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Burma |
12% (31 December 2008)
12% (31 December 2007) |
Burundi |
10.08% (31 December 2008)
10.12% (31 December 2007) |
Cambodia |
NA% (31 December 2008)
5.25% (31 December 2007) |
Cameroon |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Canada |
1.75% (31 December 2008)
4.5% (31 December 2007) |
Cape Verde |
7.5% (31 December 2008)
8.5% (31 December 2007) |
Central African Republic |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Chad |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Chile |
8.25% (31 December 2008)
6% (31 December 2007) |
China |
2.79% (31 December 2008)
3.33% (31 December 2007) |
Colombia |
3.5% (31 November 2009)
11.5% (31 December 2008) |
Comoros |
5.36% (31 December 2008)
5.36% (31 December 2007) |
Congo, Democratic Republic of the |
NA% (31 December 2008)
5.25% (31 December 2007) |
Congo, Republic of the |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Costa Rica |
25% (31 December 2008)
17% (31 December 2007) |
Cote d'Ivoire |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Croatia |
9% (31 December 2009)
9% (31 December 2008) |
Cuba | NA% |
Cyprus |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Czech Republic |
0.25% (31 December 2009)
2.25% (31 December 2008) |
Denmark |
1.2% (31 December 2009)
3.75% (31 December 2008) |
Dominica |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Ecuador | note: as a dollarized economy, the Central Bank does not implement money market operations with private banks |
Egypt |
8.5% (31 December 2009)
11.5% (31 December 2008) |
Equatorial Guinea |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Ethiopia | NA% |
European Union |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Fiji |
6.32% (31 December 2008)
9.25% (31 December 2007) |
Finland |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
France |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Gabon |
4.75% (31 December 2008)
5.25% (31 December 2007) |
Gambia, The |
NA% (31 December 2008)
10% (31 December 2007) |
Georgia |
8% (25 December 2008)
NA% (31 December 2007) note: this is the Refinancing Rate, the key monetary policy rate of the Georgian National Bank |
Germany |
1.75% (31 December 2009)
3% (31 December 2008) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Ghana |
17% (31 December 2008)
13.5% (31 December 2007) |
Greece |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Grenada |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Guatemala | NA% |
Guinea |
NA% (31 December 2008)
22.25% (31 December 2005) |
Guinea-Bissau |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Guyana |
6.75% (31 December 2008)
6.5% (31 December 2007) |
Honduras | NA% |
Hong Kong |
0.5% (31 December 2009)
0.5% (31 December 2008) |
Hungary |
6.25% (31 December 2009)
10% (31 December 2008) |
Iceland |
11.5% (31 December 2009)
22% (31 December 2008) |
India |
4.75% (9 December 2009)
6% (31 December 2008) |
Indonesia |
10.83% (31 December 2008)
8% (31 December 2007) |
Iraq |
7% (31 December 2009)
20% (31 December 2007) |
Ireland |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Israel |
1.25% (31 December 2009)
2.25% (31 December 2008) |
Italy |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Jamaica | NA% |
Japan |
0.3% (31 December 2008)
0.75% (31 December 2007) |
Jordan |
6.25% (31 December 2008)
7% (31 December 2007) |
Kazakhstan |
7% (31 December 2009)
10.5% (31 December 2008) |
Kenya | NA% |
Korea, South |
1.75% (31 December 2008)
3.25% (31 December 2007) |
Kuwait |
2.5% (10 February 2010)
3.75% (31 December 2008) |
Kyrgyzstan | NA% |
Laos |
4% (31 December 2009)
7.67% (31 December 2008) |
Latvia |
6% (31 December 2008)
6% (31 December 2007) |
Lebanon |
10% (31 December 2009)
12% (31 December 2008) |
Lesotho |
14.05% (31 December 2008)
12.82% (31 December 2007) |
Libya |
5% (31 December 2008)
4% (31 December 2007) |
Lithuania |
1.75% (February 2010)
4.73% (31 December 2008) |
Luxembourg |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Macedonia |
6.5% (31 December 2009)
6.5% (31 December 2008) |
Madagascar | NA% |
Malawi |
15% (31 December 2008)
15% (31 December 2007) |
Malaysia | NA% |
Maldives |
13% (31 December 2008)
12.5% (31 December 2007) |
Mali |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Malta |
1% (31 December 2009)
5% (31 December 2008) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Mauritania |
NA% (31 December 2008)
12% (31 December 2007) |
Mauritius | NA% |
Mexico | NA% |
Mongolia |
10% (31 December 2009)
14.78% (31 December 2008) |
Montserrat |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Morocco |
3.25% (24 August 2009)
3.32% (31 December 2008) |
Mozambique |
9.95% (31 December 2008)
9.95% (31 December 2007) |
Namibia |
10% (31 December 2008)
10.5% (31 December 2007) |
Nepal |
6.5% (31 December 2009)
6.5% (31 December 2008) |
Netherlands |
1.75% (3 May 2009)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Netherlands Antilles | NA% |
New Zealand |
5% (31 December 2008)
8.25% (31 December 2007) |
Nicaragua | NA% |
Niger |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Nigeria |
9.75% (31 December 2008)
9.5% (31 December 2007) |
Norway |
4% (31 December 2008)
6.25% (31 December 2007) |
Oman |
0.91% (31 December 2008)
1.98% (31 December 2007) |
Pakistan |
15% (31 December 2008)
10% (31 December 2007) |
Papua New Guinea |
7% (31 December 2008)
7.38% (31 December 2007) |
Paraguay |
20% (31 December 2008)
20% (31 December 2007) |
Peru |
1.25% (31 November 2009)
7.25% (31 December 2008) |
Philippines |
3.5% (31 December 2009)
6% (31 December 2008) |
Poland |
5% (31 December 2008)
5% (31 December 2007) |
Portugal |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Qatar |
5.5% (31 December 2009)
5.5% (31 December 2008) |
Romania | NA% |
Russia |
13% (31 December 2008)
10% (31 December 2007) |
Rwanda |
11.25% (31 December 2008)
12.5% (31 December 2007) |
Saint Kitts and Nevis |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Saint Lucia |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Saint Vincent and the Grenadines |
6.5% (31 December 2008)
6.5% (31 December 2007) |
Sao Tome and Principe |
28% (31 December 2008)
28% (31 December 2007) |
Saudi Arabia |
2.5% (31 December 2008)
NA% (31 December 2007) |
Senegal |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Serbia |
9.5% (31 December 2009)
17.75% (31 December 2008) |
Seychelles |
NA% (31 December 2008)
5.13% (31 December 2007) |
Sierra Leone | NA% |
Slovakia |
1% (31 December 2008)
4.25% (31 December 2007) |
Slovenia |
3% (31 December 2008)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Somalia | NA% |
South Africa |
11.5% (31 December 2008)
11% (31 December 2007) |
Spain |
1.75% (May 2009)
5% (31 December 2007) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area |
Sri Lanka |
7.5% (31 December 2009)
10.5% (31 December 2008) |
Swaziland |
11% (31 December 2008)
11% (31 December 2007) |
Sweden |
2% (31 December 2008)
3.5% (31 December 2007) |
Switzerland |
0.05% (31 December 2008)
2.05% (31 December 2007) |
Syria |
NA% (31 December 2008)
5% (31 December 2007) |
Taiwan | 1.25% (February 2009) |
Tajikistan |
NA% (31 December 2008)
15% (31 December 2007) |
Tanzania |
15.99% (31 December 2008)
16.4% (31 December 2007) |
Thailand |
1.75% (31 December 2009)
3.25% (31 December 2008) |
Togo |
4.75% (31 December 2008)
4.25% (31 December 2007) |
Trinidad and Tobago |
10.75% (31 December 2008)
10% (31 December 2007) |
Tunisia | NA% |
Turkey |
15% (22 December 2009)
25% (31 December 2008) |
Uganda |
19.42% (31 December 2008)
14.68% (31 December 2007) |
Ukraine |
10.25% (31 December 2009)
12% (31 December 2008) |
United Arab Emirates | NA% |
United Kingdom | 0.86% (31 December 2008) |
United States |
0.5% (31 December 2009)
0.86% (31 December 2008) |
Uruguay |
10% (31 December 2008)
10% (31 December 2007) |
Vanuatu |
6% (31 December 2008)
6% (31 December 2007) |
Venezuela |
33.5% (31 December 2008)
28.5% (31 December 2007) |
Vietnam |
6% (31 December 2009)
10.25% (31 December 2008) |
Yemen | NA% |
Zambia |
14.49% (31 December 2008)
11.73% (31 December 2007) |
Zimbabwe |
NA% (31 December 2008)
975% (31 December 2007) |