Deposit Interest Rate in Mexico decreased to 2.81 percent in May from 2.85 percent in April of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Mexico.

The benchmark interest rate in Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank deposit interest rate, percent in Mexico, March, 2025 The most recent value is 6.5 percent as of March 2025, a decline compared to the previous value of 6.61 percent. Historically, the average for Mexico from January 2000 to March 2025 is 3.84 percent. The minimum of 1.3 percent was recorded in December 2014, while the maximum of 9.88 percent was reached in January 2001. | TheGlobalEconomy.com

Santander was the bank that offered the lowest interest rate for mortgage loans in Mexico in 2023. In January that year, the lowest annual interest rate offered by this bank amounted to **** percent. Banorte and Afirme were the two other banks that offered interest rates below ** percent. What are the mortgage rates in other countries worldwide? Mortgage interest rates vary widely across different countries, with some of the most attractive rates found in Europe. Mortgage rates have generally increased since 2021 because of rising inflation. That can clearly be seen in the development of mortgage rates in the United States, where interest rates more than doubled in just two years. How much does buying a home in Mexico cost? The average price of a home in Mexico was about *** million Mexican pesos in 2023, but in Mexico City, this figure was almost twice higher. Tamaulipas, Tlaxcala, and Durango were among the states where housing was least expensive.

Key information about Mexico Long Term Interest Rate

• Mexico UDIBONOS Average Yield: 10 Years was reported at 5.27 % pa in Feb 2025, compared with 5.45 % pa in the previous month.
• Mexico Long Term Interest Rate data is updated monthly, available from Oct 1999 to Feb 2025.
• The data reached an all-time high of 7.68 % pa in Mar 2001 and a record low of 1.10 % pa in Apr 2013.
• Long Term Interest Rate is reported by reported by Bank of Mexico.

• In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 9.83 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.50 % pa in Feb 2025.
• Mexico Exchange Rate against USD averaged 17.24 (USD/MXN) in Jun 2023.

Mexico's monetary policy rates have been continuously increasing since 2015. In 2010, the Bank of Mexico set the base interest rate at 4.5 percent, and it remained at the same level until 2012. In 2018, the rate reached 7.64 percent, the highest level registered this decade so far. 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.

Key information about Mexico Policy Rate

• Mexico cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.50 % pa in Feb 2025, compared with 10.00 % pa in the previous Jan 2025.
• Mexico Policy Rate averaged 4.75 % pa and is updated monthly, available from Jan 2008 to Feb 2025.
• The data reached an all-time high of 11.25 % pa in Feb 2024 and a record low of 3.00 % pa in Nov 2015.

• In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 9.83 % pa in Feb 2025.
• Its Long Term Interest Rate (UDIBONOS Average Yield: 10 Years) was reported at 5.45 % pa in Jan 2025.
• Mexico Exchange Rate against USD averaged 17.24 (USD/MXN) in Jun 2023.
• Its Real Effective Exchange Rate was 102.79 in Nov 2024.

Lending interest rate (%) in Mexico was reported at 11.22 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Mexico Short Term Interest Rate

• Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 9.83 % pa in Feb 2025, compared with 10.37 % pa in the previous month.
• Mexico Short Term Interest Rate data is updated monthly, available from Jan 1997 to Feb 2025.
• The data reached an all-time high of 40.35 % pa in Sep 1998 and a record low of 3.29 % pa in Jan 2015.
• Short Term Interest Rate is reported by reported by Bank of Mexico.

• In the latest reports, Mexico UDIBONOS Average Yield: 10 Years was reported at 5.45 % pa in Jan 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.50 % pa in Feb 2025.
• Mexico Exchange Rate against USD averaged 17.24 (USD/MXN) in Jun 2023.

Real interest rate (%) in Mexico was reported at 5.9922 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Deposit interest rate (%) in Mexico was reported at 4.7692 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Forecast: Bank Lending Interest Rate in Mexico 2022 - 2026 Discover more data with ReportLinker!

Key information about Mexico Bank Lending Rate

• Mexico Bank Lending Rate was reported at 10.380 % pa in Jan 2025.
• This records a decrease from the previous number of 10.620 % pa for Dec 2024.
• Mexico Bank Lending Rate data is updated monthly, averaging 7.973 % pa from Sep 1993 to Jan 2025, with 377 observations.
• The data reached an all-time high of 91.970 % pa in Apr 1995 and a record low of 3.290 % pa in Sep 2014.
• Mexico Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Interbank Rate in Mexico decreased to 8.74 percent in June from 9.05 percent in May of 2025. This dataset provides - Mexico 28 Days Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Interest Rates, Government Securities, Treasury Bills for Mexico (INTGSTMXM193N) from Oct 1986 to Apr 2025 about Mexico, bills, securities, Treasury, government, interest rate, interest, and rate.

Interest rate spread (lending rate minus deposit rate, %) in Mexico was reported at 6.8225 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Mexico MX: Interest Rate Spread data was reported at 4.643 % pa in 2017. This records an increase from the previous number of 3.431 % pa for 2016. Mexico MX: Interest Rate Spread data is updated yearly, averaging 4.453 % pa from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 19.609 % pa in 1995 and a record low of 1.539 % pa in 1993. Mexico MX: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.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;

Mexico MX: Real Interest Rate data was reported at 1.137 % pa in 2017. This records an increase from the previous number of -0.627 % pa for 2016. Mexico MX: Real Interest Rate data is updated yearly, averaging 2.566 % pa from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 15.142 % pa in 1995 and a record low of -13.174 % pa in 1993. Mexico MX: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.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.; ;

Among the Latin American and Caribbean countries shown in this graph, Argentina had the highest monetary policy rate as of 2018. The 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. In 2017, the latest year with available data according to the source, Argentina's Central Bank set the monetary policy rate at 26.42 percent. In 2018, the base interest rate in Mexico stood at 7.64 percent.

Oil price shocks harm real output and bank and industrial profit in most oil-importing countries, which has motivated us to investigate the impact of these shocks on the equity performance of banking industries. To fulfill the research objectives, we involve a sample of developed and emerging economies for comparison purposes. The objective of employing the Toda and Yamamoto (Journal of econometrics, 1995, 66 (1), 225–250) causality test is to explore the time-variant relationship between oil prices and banking indices to investigate how oil price shocks affect the performance of country-specific banking industries. In addition, an impulse response function and variance decomposition analysis are utilized to, respectively, examine the time-variant relationship between oil price shocks and macroeconomic factors and the performance of the banking sector. Results vary across different economies in our sample, but the magnitude of oil price impact is relatively significant in the US, the UK, Canada, Japan, Mexico, and Brazil. The findings indicate that oil price rises adversely affect equity bank indices in developed and emerging economics except for Mexico. Notably, our findings show that oil prices and interest rates jointly have significant power in explaining the banking equity variation and suggest that international bank portfolio investors should consider hedging oil price risk.