Venezuela is one of the Latin American countries with the highest monetary policy rates. 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. Between 2010 and 2017, Venezuela's monetary policy rate has remained fairly stable, ranging between 6.18 percent (2015) and 6.5 percent (2016). In 2017, the latest year with available data, the Central bank of Venezuela set the base rate at 6.37 percent.

In December 2024, the key interest rate of the Bank of Russia stood at ** percent, matching the level recorded at the end of October 2024. To compare, in June 2021, it stood at *** percent.

Pakistan PK: Interest Rate Spread data was reported at 3.732 % pa in 2017. This records a decrease from the previous number of 3.921 % pa for 2016. Pakistan PK: Interest Rate Spread data is updated yearly, averaging 5.740 % pa from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 6.813 % pa in 2006 and a record low of 3.732 % pa in 2017. Pakistan PK: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.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;

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 5.03 percent, based on data from 128 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.

EC: Deposit Interest Rate data was reported at 3.496 % pa in 2017. This records a decrease from the previous number of 4.771 % pa for 2016. EC: Deposit Interest Rate data is updated yearly, averaging 3.965 % pa from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 4.865 % pa in 2008 and a record low of 3.496 % pa in 2017. EC: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.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.; ;

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.

Graph and download economic data for Interest Rates, Discount Rate for United States (INTDSRUSM193N) from Jan 1950 to Aug 2021 about discount, interest rate, interest, rate, and USA.

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.

In 2024, preliminary figures reflected that the average lending nominal interest rates of banks in the Philippines reached a whooping **** percent — the highest recorded since 2017. The average lending nominal interest rate of banks in the country fluctuated in the observed period.

Canada CA: Real Interest Rate data was reported at 0.126 % pa in 2017. This records a decrease from the previous number of 1.969 % pa for 2016. Canada CA: Real Interest Rate data is updated yearly, averaging 2.987 % pa from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 10.363 % pa in 1990 and a record low of -4.170 % pa in 1974. Canada CA: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.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.;;

Graph and download economic data for Consumer Price Index: Retail price Index: All Items Less Mortgage Interest Rate for the United Kingdom (CPRPTT02GBQ661N) from Q1 1975 to Q4 2017 about mortgage, United Kingdom, all items, retail, CPI, interest rate, interest, housing, rate, price index, indexes, and price.

Senegal: Real interest rate: Bank lending rate minus inflation: The latest value from 2017 is 4.51 percent, an increase from 4.3 percent in 2016. In comparison, the world average is 5.03 percent, based on data from 128 countries. Historically, the average for Senegal from 2005 to 2017 is 2.8 percent. The minimum value, -2.99 percent, was reached in 2008 while the maximum of 6.96 percent was recorded in 2014.

Bank deposit interest rate, percent in Ireland, March, 2025 The most recent value is 2.62 percent as of March 2025, no change compared to the previous value of 2.62 percent. Historically, the average for Ireland from July 2017 to March 2025 is 0.58 percent. The minimum of 0.02 percent was recorded in October 2019, while the maximum of 2.62 percent was reached in November 2024. | TheGlobalEconomy.com

Graph and download economic data for 30-Year Fixed Rate FHA Mortgage Index (OBMMIFHA30YF) from 2017-01-03 to 2025-07-10 about FHA, 30-year, fixed, mortgage, rate, indexes, and USA.

Deposit Interest Rate in Senegal decreased to 6.49 percent in 2017 from 6.93 percent in 2016. This dataset includes a chart with historical data for Deposit Interest Rate in Senegal.

Mauritania: Interest rates on bank credit to the private sector: The latest value from 2017 is 17 percent, unchanged from 17 percent in 2016. In comparison, the world average is 11.18 percent, based on data from 129 countries. Historically, the average for Mauritania from 1980 to 2017 is 17.5 percent. The minimum value, 10 percent, was reached in 1989 while the maximum of 28 percent was recorded in 1999.

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.

Niger: Interest rates on bank credit to the private sector: The latest value from 2017 is 5.14 percent, a decline from 5.3 percent in 2016. In comparison, the world average is 11.18 percent, based on data from 129 countries. Historically, the average for Niger from 2005 to 2017 is 5.53 percent. The minimum value, 4.74 percent, was reached in 2006 while the maximum of 10.79 percent was recorded in 2005.

Mauritania: Real interest rate: Bank lending rate minus inflation: The latest value from 2017 is 15.18 percent, an increase from 5.21 percent in 2016. In comparison, the world average is 5.03 percent, based on data from 128 countries. Historically, the average for Mauritania from 1980 to 2017 is 9 percent. The minimum value, -22.21 percent, was reached in 1991 while the maximum of 32.77 percent was recorded in 2014.

The U.S. federal funds rate peaked in 2023 at its highest level since the 2007-08 financial crisis, reaching 5.33 percent by December 2023. A significant shift in monetary policy occurred in the second half of 2024, with the Federal Reserve implementing regular rate cuts. By December 2024, the rate had declined to 4.48 percent. What is a central bank rate? The federal funds rate determines the cost of overnight borrowing between banks, allowing them to maintain necessary cash reserves and ensure financial system liquidity. When this rate rises, banks become more inclined to hold rather than lend money, reducing the money supply. While this decreased lending slows economic activity, it helps control inflation by limiting the circulation of money in the economy. Historic perspective The federal funds rate historically follows cyclical patterns, falling during recessions and gradually rising during economic recoveries. Some central banks, notably the European Central Bank, went beyond traditional monetary policy by implementing both aggressive asset purchases and negative interest rates.