The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The central bank policy rate in Japan stood at *** percent in October 2025. In March 2024, the Bank of Japan raised short-term interest rates for the first time in 17 years, ending its negative interest rate policy. From August 2024 onwards, the central bank encouraged the uncollateralized overnight call rate to remain at **** percent. A third rate hike to *** percent was implemented in January 2025. In 2016, the Bank of Japan had introduced a policy of quantitative and qualitative monetary easing (QQE) with yield curve control, one component of which included controlling short-term and long-term interest rates through market operations.

Deposit Interest Rate in Japan remained unchanged at 0.23 percent in November. This dataset includes a chart with historical data for Deposit Interest Rate in Japan.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Japan (IRSTCB01JPM156N) from Jan 1960 to Dec 2023 about overnight, Japan, interest rate, banks, depository institutions, interest, and rate.

Bank deposit interest rate, percent in Japan, September, 2025 The most recent value is 0.47 percent as of September 2025, a decline compared to the previous value of 0.53 percent. Historically, the average for Japan from January 2012 to September 2025 is 0.15 percent. The minimum of 0.04 percent was recorded in May 2019, while the maximum of 0.56 percent was reached in July 2025. | TheGlobalEconomy.com

Japan Key Interest Rate: Central Banks data was reported at 1.250 % in 2026. This records an increase from the previous number of 0.750 % for 2025. Japan Key Interest Rate: Central Banks data is updated yearly, averaging 0.100 % from Dec 1988 (Median) to 2026, with 39 observations. The data reached an all-time high of 5.625 % in 1990 and a record low of -0.100 % in 2023. Japan Key Interest Rate: Central Banks data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Interest Rate: Forecast: OECD Member: Annual.

As of June 2025, the average interest rate on new time deposits of three to less than 10 million Japanese yen at banks in Japan stood at *** percent per annum for time deposits with a maturity of six months to less than one year. By comparison, new time deposits with a maturity between one and two years reached an interest rate of **** percent per annum.

Key information about Japan Bank Lending Rate

• Japan Bank Lending Rate was reported at 1.875 % pa in Nov 2025.
• This stayed constant from the previous number of 1.875 % pa for Oct 2025.
• Japan Bank Lending Rate data is updated monthly, averaging 1.625 % pa from Jan 1971 to Nov 2025, with 659 observations.
• The data reached an all-time high of 9.250 % pa in Jul 1980 and a record low of 1.375 % pa in Jul 2006.
• Japan 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.

Monthly and long-term Japan Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

As of September 2025, the average interest rate on ordinary deposits of financial institutions in Japan stood at around **** percent per annum. In the past years, the average interest rate on ordinary deposits had been close to zero percent. It rose to **** percent after the central bank policy rate hike in March 2024.

Japan JP: Deposit Interest Rate data was reported at 0.300 % pa in 2016. This records a decrease from the previous number of 0.406 % pa for 2015. Japan JP: Deposit Interest Rate data is updated yearly, averaging 2.688 % pa from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 5.500 % pa in 1980 and a record low of 0.036 % pa in 2002. Japan JP: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.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.; ;

Japan JP: Real Interest Rate data was reported at 0.769 % pa in 2016. This records an increase from the previous number of -0.978 % pa for 2015. Japan JP: Real Interest Rate data is updated yearly, averaging 2.802 % pa from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 6.125 % pa in 1983 and a record low of -12.450 % pa in 1970. Japan JP: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.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.; ;

In 2024, the three-month interest rate in Japan reached **** percent. The three-month interest rate is the rate at which a prime bank is willing to lend funds to another prime bank for three months. It is a reference for short-term interest rates in the money market.

View daily updates and historical trends for Japan Interest Rate. Source: Bank of Japan. Track economic data with YCharts analytics.

View daily updates and historical trends for Bank of Japan Basic Discount Rate. Source: Bank of Japan. Track economic data with YCharts analytics.

View monthly updates and historical trends for Japan Long-Term Interest Rates. Source: Organisation for Economic Co-operation and Development. Track econo…

Japan JP: Interest Rate Spread data was reported at 0.744 % pa in 2016. This records an increase from the previous number of 0.737 % pa for 2015. Japan JP: Interest Rate Spread data is updated yearly, averaging 3.170 % pa from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 4.211 % pa in 1962 and a record low of 0.737 % pa in 2015. Japan JP: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.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;

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

View yearly updates and historical trends for Japan Central Bank Lending Interest Rate (DISCONTINUED). Source: Eurostat. Track economic data with YCharts …

Japan: Real interest rate: Bank lending rate minus inflation: The latest value from 2017 is 1.07 percent, an increase from 0.62 percent in 2016. In comparison, the world average is 5.12 percent, based on data from 122 countries. Historically, the average for Japan from 1993 to 2017 is 2.54 percent. The minimum value, -0.95 percent, was reached in 2015 while the maximum of 4.31 percent was recorded in 1993.