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.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Japan (IRSTCB01JPA156N) from 1960 to 2023 about overnight, Japan, interest rate, banks, interest, depository institutions, and rate.

The central bank policy rate in Japan stood at 0.5 percent in February 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 uncollaterized overnight call rate to remain at 0.25 percent. A third rate hike to 0.5 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.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Japan (IRSTCI01JPM156N) from Jul 1985 to Feb 2025 about interbank, overnight, Japan, interest rate, interest, and rate.

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.; ;

As of March 2025, the average interest rate on ordinary deposits of financial institutions in Japan stood at around 0.16 percent per annum. In the past years, the average interest rate on ordinary deposits had been close to zero percent. It rose to 0.02 percent after the central bank policy rate hike in March 2024.

Japan JP: Lending Interest Rate data was reported at 1.045 % pa in 2016. This records a decrease from the previous number of 1.143 % pa for 2015. Japan JP: Lending Interest Rate data is updated yearly, averaging 6.151 % pa from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 9.113 % pa in 1974 and a record low of 1.045 % pa in 2016. Japan JP: Lending 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. 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.; ;

Japan Housing Loan: Floating Interest Rate: City Banks data was reported at 2.475 % pa in Oct 2018. This stayed constant from the previous number of 2.475 % pa for Sep 2018. Japan Housing Loan: Floating Interest Rate: City Banks data is updated monthly, averaging 2.475 % pa from Jun 1987 (Median) to Oct 2018, with 377 observations. The data reached an all-time high of 8.500 % pa in Jan 1991 and a record low of 2.375 % pa in Sep 2006. Japan Housing Loan: Floating Interest Rate: City Banks data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.M014: Mortgage Rate.

As of December 2024, the average interest rate on new time deposits of 10 million yen or more of banks in Japan reached 0.31 percent per annum for time deposits with a maturity of two to under three years and three to under six months. Fixed-term deposits with a maturity of six months to less than one year reached an interest rate of 0.29 percent per annum.

Graph and download economic data for Interest Rates, Discount Rate for Japan (INTDSRJPM193N) from Jan 1953 to Apr 2017 about Japan, interest rate, interest, and rate.

Japan Interest Rate Swap: Yen: 5 Year data was reported at 0.075 % pa in Nov 2018. This records a decrease from the previous number of 0.120 % pa for Oct 2018. Japan Interest Rate Swap: Yen: 5 Year data is updated monthly, averaging 0.500 % pa from Nov 2000 (Median) to Nov 2018, with 217 observations. The data reached an all-time high of 1.643 % pa in Jun 2007 and a record low of -0.159 % pa in Jun 2016. Japan Interest Rate Swap: Yen: 5 Year data remains active status in CEIC and is reported by Sumitomo Mitsui Trust Bank. The data is categorized under Global Database’s Japan – Table JP.M015: Interbank and Swap Rates.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Certificates of Deposit: Total for Japan (IR3TCD01JPM156N) from May 1979 to Mar 2022 about CD, 3-month, Japan, yield, interest rate, interest, and rate.

In the fiscal year 2023, the loan to deposit spread in the domestic business of banks in Japan reached 0.27 percent. The loan to deposit spread is the difference between a bank's lending rate and deposit rate.

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

Japan Interest Rate Swap: Yen: 7 Year data was reported at 0.135 % pa in Nov 2018. This records a decrease from the previous number of 0.191 % pa for Oct 2018. Japan Interest Rate Swap: Yen: 7 Year data is updated monthly, averaging 0.785 % pa from Nov 2000 (Median) to Nov 2018, with 217 observations. The data reached an all-time high of 1.884 % pa in Apr 2006 and a record low of -0.120 % pa in Jun 2016. Japan Interest Rate Swap: Yen: 7 Year data remains active status in CEIC and is reported by Sumitomo Mitsui Trust Bank. The data is categorized under Global Database’s Japan – Table JP.M015: Interbank and Swap Rates.

Japan CAB: Foreign Banks: 0 Interest Rate Applied data was reported at 12,137.200 JPY bn in Feb 2024. This records an increase from the previous number of 12,103.800 JPY bn for Jan 2024. Japan CAB: Foreign Banks: 0 Interest Rate Applied data is updated monthly, averaging 4,250.000 JPY bn from Feb 2016 (Median) to Feb 2024, with 97 observations. The data reached an all-time high of 13,107.100 JPY bn in Oct 2023 and a record low of 61.100 JPY bn in Feb 2016. Japan CAB: Foreign Banks: 0 Interest Rate Applied data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.KA006: Bank of Japan Current Account Balances.

Japan JP: Loans & Discount: Outstanding: Interest Rate 10.75% to <11.00% data was reported at 69.500 JPY bn in May 2018. This records an increase from the previous number of 69.300 JPY bn for Apr 2018. Japan JP: Loans & Discount: Outstanding: Interest Rate 10.75% to <11.00% data is updated monthly, averaging 61.000 JPY bn from Oct 1993 (Median) to May 2018, with 296 observations. The data reached an all-time high of 277.300 JPY bn in Nov 1993 and a record low of 34.300 JPY bn in Dec 2003. Japan JP: Loans & Discount: Outstanding: Interest Rate 10.75% to <11.00% data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.KA017: Loans and Discounts Outstanding by Interest Rate.

In 2024, the three-month interest rate in Japan reached 0.33 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.

As of March 2025, the average interest rate on new one-year time deposits of 10 million yen or more of banks in Japan was around 0.21 percent per annum. The rate increased from 0.01 percent in April 2024, following the central bank's first interest hike in 17 years.

Japan Interest Rate Swap: Yen: 2 Year data was reported at 0.023 % pa in Nov 2018. This records a decrease from the previous number of 0.046 % pa for Oct 2018. Japan Interest Rate Swap: Yen: 2 Year data is updated monthly, averaging 0.216 % pa from Nov 2000 (Median) to Nov 2018, with 217 observations. The data reached an all-time high of 1.261 % pa in May 2008 and a record low of -0.175 % pa in Feb 2016. Japan Interest Rate Swap: Yen: 2 Year data remains active status in CEIC and is reported by Sumitomo Mitsui Trust Bank. The data is categorized under Global Database’s Japan – Table JP.M015: Interbank and Swap Rates.