The benchmark interest rate in France was last recorded at 4.50 percent. This dataset provides - France Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about France Long Term Interest Rate

• France Long Term Interest Rate: Month Avg: France: ECB Harmonised was reported at 3.15 % pa in Feb 2025, compared with 3.32 % pa in the previous month.
• France Long Term Interest Rate data is updated monthly, available from Jan 1986 to Feb 2025.
• The data reached an all-time high of 10.70 % pa in Oct 1987 and a record low of -0.34 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, France Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• France Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

The mortgage interest rate in France had been on a downward trend for nearly a decade, until it started to rise in 2022. In the fourth quarter of 2024, the interest rate amounted to *** percent, down from **** percent during the peak in the first quarter of the year. A similar trend can be observed across most European countries.

Key information about France Policy Rate

• France cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025.
• France Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Feb 2025.
• The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.

• In the latest reports, France Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: France: ECB Harmonised ) was reported at 3.01 % pa in Dec 2024.
• France Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
• Its Real Effective Exchange Rate was 89.62 in Jan 2025.

The annual average interest rate on new residential loans in France continued to rise in 2023, after increasing for the first time in 2022 following a 10-year period of year-on-year decline. In 2023, the average interest rate was **** percent, up from **** percent in 2021, when mortgage rates were at record-low.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for France (IRSTCI01FRQ156N) from Q1 1955 to Q1 2025 about interbank, France, overnight, interest rate, interest, and rate.

Bank Lending Rate in France decreased to 3.68 percent in May from 3.86 percent in April of 2025. This dataset provides the latest reported value for - France Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about France Short Term Interest Rate

• France Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
• France Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
• The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
• Short Term Interest Rate is reported by reported by European Money Markets Institute.

• In the latest reports, France Long Term Interest Rate: Month Avg: France: ECB Harmonised was reported at 2.85 % pa in Feb 2024.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Apr 2024.
• France Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

The average mortgage interest rate in France declined for almost a decade before increasing dramatically in 2022. As of January 2023, new housing loans had an average interest rate of 2.2 percent - about twice higher than the year before. This trend was observed in most countries across Europe.

How has the mortgage reacted to the interest rate hike? The value of new mortgage lending in France decreased notably in the third quarter of 2022, possibly as a response to the higher lending costs. Additionally, soaring inflation has also played a major role in decreasing home buyer sentiment by eroding savings and the purchasing power of prospective home buyers.

How have house prices reacted to the change? Though house prices have steadily increased since 2016, the growth was the highest in the third quarter of 2021 when the house price index jumped from 122 to 134 index points. In 2022, the increase of residential real estate prices slowed down, with a forecast to turn negative in 2023. According to a July 2022 forecast, house prices are set to decline by four percent in 2023.

FR: Deposit Interest Rate data was reported at 0.757 % pa in 2016. This records a decrease from the previous number of 0.896 % pa for 2015. FR: Deposit Interest Rate data is updated yearly, averaging 4.188 % pa from Dec 1966 (Median) to 2016, with 50 observations. The data reached an all-time high of 8.500 % pa in 1982 and a record low of 0.757 % pa in 2016. FR: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.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.; ;

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for France (IRSTCI01FRM156N) from Jan 1955 to May 2025 about interbank, France, overnight, interest rate, interest, and rate.

France: Interest rates on bank credit to the private sector: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for France from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Key information about France Bank Lending Rate

• France Bank Lending Rate was reported at 4.180 % pa in Dec 2024.
• This stayed constant from the previous number of 4.180 % pa for Nov 2024.
• France Bank Lending Rate data is updated monthly, averaging 2.855 % pa from Jan 2003 to Dec 2024, with 264 observations.
• The data reached an all-time high of 5.630 % pa in Sep 2008 and a record low of 0.748 % pa in May 2020.
• France 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.

In 2022, the average interest rate of new business loans to small and medium enterprises (SMEs) in France was **** percent. Interest rates reached their lowest point in 2020, and they did not recover to their pre-pandemic values until 2022. These rates dropped from **** percent in 2019 to **** percent in 2020.

Long-term interest rate in France, May, 2025 The most recent value is 3.26 percent as of May 2025, a decline compared to the previous value of 3.3 percent. Historically, the average for France from January 1960 to May 2025 is 6.43 percent. The minimum of -0.34 percent was recorded in August 2019, while the maximum of 17.32 percent was reached in June 1981. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for France (IR3TIB01FRQ156N) from Q1 1970 to Q2 2025 about interbank, France, 3-month, yield, interest rate, interest, and rate.

Deposit interest rate of France rose by 4.51% from 0.76 % in 2016 to 0.79 % in 2017. Since the 21.82% slump in 2015, deposit interest rate slumped by 11.63% in 2017. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.

This statistic represents the change in the key interest rate of the European Central Bank in France from 2010 to 2021. According to the source, the key interest rate set for France was 0 percent in 2017.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for France Interest Rate.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.