The benchmark interest rate in Argentina was last recorded at 29 percent. This dataset provides the latest reported value for - Argentina Money Market Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Argentina Policy Rate

• Argentina cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 27.74 % in Feb 2025, compared with 28.72 % in the previous Jan 2025.
• Argentina Policy Rate averaged 17.09 % and is updated monthly, available from Jan 1985 to Feb 2025.
• The data reached an all-time high of 1,010.56 % in May 1989 and a record low of 0.00 % in Jul 1990.

• In the latest reports, Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.80 % pa in Jul 2021.
• Argentina Exchange Rate against USD averaged 254.03 (USD/ARS) in Jun 2023.
• Its Real Effective Exchange Rate was 50.18 in Feb 2025.

Deposit Interest Rate in Argentina decreased to 32.14 percent in June from 32.73 percent in May of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Argentina.

Argentina is by far the Latin American country with the highest monetary policy rate as of 2018. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. The base interest rate defined by Argentina's Central Bank more than doubled from 12.25 percent in 2010 to 26.42 percent in 2017.

Argentina AR: Real Interest Rate data was reported at -16.227 % pa in 2023. This records a decrease from the previous number of -10.074 % pa for 2022. Argentina AR: Real Interest Rate data is updated yearly, averaging -7.321 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 12.104 % pa in 2019 and a record low of -16.227 % pa in 2023. Argentina AR: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

Argentina AR: Deposit Interest Rate data was reported at 94.997 % pa in 2023. This records an increase from the previous number of 52.417 % pa for 2022. Argentina AR: Deposit Interest Rate data is updated yearly, averaging 22.725 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 94.997 % pa in 2023 and a record low of 9.167 % pa in 2010. Argentina AR: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;

Real interest rate (%) in Argentina was reported at --47.48 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Argentina Reference Interest Rate: BCRA: Reverse Repo: Overnight data was reported at 29.000 % pa in Mar 2025. This stayed constant from the previous number of 29.000 % pa for Feb 2025. Argentina Reference Interest Rate: BCRA: Reverse Repo: Overnight data is updated monthly, averaging 12.545 % pa from Jun 2004 (Median) to Mar 2025, with 250 observations. The data reached an all-time high of 126.000 % pa in Nov 2023 and a record low of 2.060 % pa in Nov 2004. Argentina Reference Interest Rate: BCRA: Reverse Repo: Overnight data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M001: Policy Rate.

Lending interest rate (%) in Argentina was reported at 61.71 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Argentina AR: Interest Rate Spread data was reported at 0.897 % pa in 2023. This records an increase from the previous number of -0.018 % pa for 2022. Argentina AR: Interest Rate Spread data is updated yearly, averaging 2.852 % pa from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 19.967 % pa in 2019 and a record low of -0.018 % pa in 2022. Argentina AR: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;Median;

Interest rate spread (lending rate minus deposit rate, %) in Argentina was reported at 7.4595 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Bank deposit interest rate, percent in Argentina, March, 2025 The most recent value is 27.58 percent as of March 2025, an increase compared to the previous value of 27.38 percent. Historically, the average for Argentina from January 2010 to March 2025 is 32.23 percent. The minimum of 8.67 percent was recorded in January 2011, while the maximum of 129.57 percent was reached in November 2023. | TheGlobalEconomy.com

Mortgage credit interest rate, percent in Argentina, March, 2025 The most recent value is 31.73 percent as of March 2025, a decline compared to the previous value of 32.13 percent. Historically, the average for Argentina from January 2002 to March 2025 is 22.84 percent. The minimum of 10.08 percent was recorded in July 2007, while the maximum of 130.6 percent was reached in December 2023. | TheGlobalEconomy.com

Policy rate, percent in Argentina, April, 2025 The most recent value is 29 percent as of April 2025, no change compared to the previous value of 29 percent. Historically, the average for Argentina from January 2000 to April 2025 is 28.57 percent. The minimum of 1.22 percent was recorded in April 2004, while the maximum of 557.04 percent was reached in November 2001. | TheGlobalEconomy.com

Argentina AR: Lending Interest Rate data was reported at 61.707 % pa in 2024. This records a decrease from the previous number of 95.894 % pa for 2023. Argentina AR: Lending Interest Rate data is updated yearly, averaging 29.387 % pa from Dec 2010 (Median) to 2024, with 15 observations. The data reached an all-time high of 95.894 % pa in 2023 and a record low of 10.557 % pa in 2010. Argentina AR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;

Central bank policy rates, Argentina

Policy rate, percent in Argentine, avril, 2025 Pour cet indicateur, Bank for International Settlements (BIS) fournit des données pour la Argentine de janvier 2000 à avril 2025. La valeur moyenne pour Argentine pendant cette période était de 28.57 pour cent avec un minimum de 1.22 pour cent en avril 2004 et un maximum de 557.04 pour cent en novembre 2001. | TheGlobalEconomy.com

Business credit interest rate, percent in Argentina, March, 2025 The most recent value is 40.86 percent as of March 2025, a decline compared to the previous value of 41.81 percent. Historically, the average for Argentina from January 2002 to March 2025 is 30.48 percent. The minimum of 10.89 percent was recorded in January 2005, while the maximum of 118.34 percent was reached in December 2023. | TheGlobalEconomy.com

Deposit interest rate (%) in Argentina was reported at 54.25 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Argentina Reference Interest Rate: LELIQ Rate data was reported at 71.590 % pa in Oct 2018. This records an increase from the previous number of 60.250 % pa for Sep 2018. Argentina Reference Interest Rate: LELIQ Rate data is updated monthly, averaging 43.860 % pa from Jun 2018 (Median) to Oct 2018, with 5 observations. The data reached an all-time high of 71.590 % pa in Oct 2018 and a record low of 35.400 % pa in Jun 2018. Argentina Reference Interest Rate: LELIQ Rate data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M001: Policy Rate.