The benchmark interest rate in Mexico was last recorded at 7.25 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Key information about Mexico Short Term Interest Rate

• Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 7.66 % pa in Nov 2025, compared with 7.83 % pa in the previous month.
• Mexico Short Term Interest Rate data is updated monthly, available from Jan 1997 to Nov 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 4.59 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 7.25 % pa in Nov 2025.
• Mexico Exchange Rate against USD averaged 18.42 (USD/MXN) in Oct 2025.

Deposit Interest Rate in Mexico decreased to 2.01 percent in September from 2.11 percent in August of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Mexico.

Overview with Chart & Report: Bank of Mexico's Interest Rate Decision is taken by the bank's Governing Board 8 times a year, during monetary policy meetings. The interest rate decision is one of Mexico's most important economic

Key information about Mexico Policy Rate

• Mexico cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 7.25 % pa in Nov 2025, compared with 7.50 % pa in the previous Oct 2025.
• Mexico Policy Rate averaged 5.75 % pa and is updated monthly, available from Jan 2008 to Nov 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 7.66 % pa in Nov 2025.
• Its Long Term Interest Rate (UDIBONOS Average Yield: 10 Years) was reported at 4.59 % pa in Nov 2025.
• Mexico Exchange Rate against USD averaged 18.42 (USD/MXN) in Oct 2025.
• Its Real Effective Exchange Rate was 99.81 in Aug 2025.

Mexico Interest Rate: 28 Day Interbank Interest Rate (28 Day TIIE) data was reported at 8.519 % pa in Mar 2019. This records a decrease from the previous number of 8.562 % pa for Feb 2019. Mexico Interest Rate: 28 Day Interbank Interest Rate (28 Day TIIE) data is updated monthly, averaging 7.728 % pa from Mar 1995 (Median) to Mar 2019, with 289 observations. The data reached an all-time high of 89.480 % pa in Mar 1995 and a record low of 3.287 % pa in Nov 2014. Mexico Interest Rate: 28 Day Interbank Interest Rate (28 Day TIIE) data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M002: Interest Rates.

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.

View yearly updates and historical trends for Mexico Real Interest Rate. Source: World Bank. Track economic data with YCharts analytics.

Mexico: Real interest rate: Bank lending rate minus inflation: The latest value from 2024 is 5.99 percent, a decline from 6.8 percent in 2023. In comparison, the world average is 4.99 percent, based on data from 73 countries. Historically, the average for Mexico from 1993 to 2024 is 2.71 percent. The minimum value, -17.25 percent, was reached in 1993 while the maximum of 14.86 percent was recorded in 1995.

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

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

Mexico Interest Rate: Ave Cost of Funds (CPP) data was reported at 5.730 % pa in Mar 2019. This records an increase from the previous number of 5.690 % pa for Feb 2019. Mexico Interest Rate: Ave Cost of Funds (CPP) data is updated monthly, averaging 14.330 % pa from Jan 1975 (Median) to Mar 2019, with 531 observations. The data reached an all-time high of 135.880 % pa in Feb 1988 and a record low of 0.000 % pa in Jul 1975. Mexico Interest Rate: Ave Cost of Funds (CPP) data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M002: Interest Rates.

Actual value and historical data chart for Mexico Real Interest Rate Percent

In September 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In September 2025, Russia maintained the highest interest rate at 17 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Deposit interest rate (%) in Mexico was reported at 4.545 % in 2024, 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 November of 2025.

Mexico: Bank lending-deposit interest rate spread : The latest value from 2020 is 4.88 interest rate points, a decline from 4.9 interest rate points in 2019. In comparison, the world average is 6.59 interest rate points, based on data from 93 countries. Historically, the average for Mexico from 1993 to 2020 is 5.75 interest rate points. The minimum value, 1.54 interest rate points, was reached in 1993 while the maximum of 19.61 interest rate points was recorded in 1995.

Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data was reported at 9.360 % pa in Mar 2025. This stayed constant from the previous number of 9.360 % pa for Feb 2025. Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data is updated monthly, averaging 10.150 % pa from Dec 2004 (Median) to Mar 2025, with 244 observations. The data reached an all-time high of 12.490 % pa in Jun 2005 and a record low of 7.000 % pa in Oct 2021. Mexico Interest Rates on Household Credit: Mortgage Rate: Minimum data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M006: Household Credit Interest Rates.

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.; ;

Mexico Interest Rate: Ave Cost of Term Deposits in Dollars (CCP-Dollars) data was reported at 4.410 % pa in Feb 2019. This records an increase from the previous number of 4.120 % pa for Jan 2019. Mexico Interest Rate: Ave Cost of Term Deposits in Dollars (CCP-Dollars) data is updated monthly, averaging 3.790 % pa from Apr 1996 (Median) to Feb 2019, with 275 observations. The data reached an all-time high of 7.590 % pa in Apr 1996 and a record low of 1.840 % pa in Jan 2011. Mexico Interest Rate: Ave Cost of Term Deposits in Dollars (CCP-Dollars) data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M002: Interest Rates.