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.

As of June 2025, Ireland was the Eurozone country with the highest interest rate for short-term loans, amounting to 4.86 percent. Meanwhile, the Baltic countries had the highest interest rates for loans with long-term maturities, with Latvia having a rate for those loans of 7.4 percent. Meanwhile, the composite cost for short-term loans in the Netherlands amounted to 2.97 percent, which was the lowest rate in the Eurozone, while the interest rate of long-term loans in Malta was 1.39 percent.

Key information about European Union Long Term Interest Rate

• European Union Government Bond Yield: Monthly Average: Euro: 10 Years was reported at 3.14 % pa in Nov 2025, compared with 3.12 % pa in the previous month.
• EU Long Term Interest Rate data is updated monthly, available from Jan 1970 to Nov 2025.
• The data reached an all-time high of 15.44 % pa in Sep 1981 and a record low of -0.09 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by European Central Bank.

• In the latest reports, EU 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 2.15 % pa in Nov 2025.
• EU Exchange Rate against USD averaged 0.86 (USD/EUR) in Oct 2025.

European Union central banks navigated a complex economic landscape between 2022 and 2025, with interest rates initially rising across member states. However, a pivotal shift occurred in late 2023 as most countries began lowering their rates, reflecting the delicate balance between controlling inflation and supporting economic growth. In the Euro area, the European Central Bank (ECB) led this trend by cutting interest rates from 4.5 percent to nan percent in 2025, implementing four strategic rate reductions throughout the year. This approach was nearly universally adopted, with Poland being the sole EU country not reducing its rates during this period. The ECB continued the series of reductions in the first half of 2025, setting the rate at 2.15 percent in June 2025. Global context and policy shifts The interest rate changes in the EU mirror similar movements in other major economies. The United States, United Kingdom, and European Union central banks followed remarkably similar patterns from 2003 to 2024, responding to shared global economic conditions. After maintaining near-zero rates following the 2008 financial crisis and the COVID-19 pandemic, these institutions sharply raised rates in 2022 to combat surging inflation. By mid-2024, the European Central Bank and Bank of England initiated rate cuts, with the Federal Reserve following suit. Varied approaches within the EU Despite the overall trend, individual EU countries have adopted diverse strategies. Hungary, for instance, set the highest rate in the EU at 12.25 percent in September 2023, gradually reducing it to 6.5 percent by September 2024. In contrast, Sweden implemented the most aggressive cuts, lowering its rate to 1.75 percent by October 2025, the lowest among EU members. These divergent approaches highlight the unique economic challenges faced by each country and the flexibility required in monetary policy to address specific national circumstances.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Euro Area (19 Countries) (IRSTCI01EZM156N) from Jan 1994 to Oct 2025 about interbank, overnight, Euro Area, Europe, interest rate, interest, and rate.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The 3-months interest rate is a representative short-term interest rate series for the domestic money market. From January 1999, the euro area rate is the 3-month "EURo InterBank Offered Rate" (EURIBOR) EURIBOR is the benchmark rate of the large euro money market that has emerged since 1999. It is the rate at which euro InterBank term deposits are offered by one prime bank to another prime bank. The contributors to EURIBOR are the banks with the highest volume of business in the euro area money markets. The panel of banks consists of banks from EU countries participating in the euro from the outset, banks from EU countries not participating in the euro from the outset, and large international banks from non-EU countries but with important euro area operations. Monthly data are calculated as averages of daily values. Data are presented in raw form. Source: European Central Bank (ECB)

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Euro Area (19 Countries) (IR3TIB01EZM156N) from Jan 1994 to Sep 2025 about interbank, Euro Area, 3-month, Europe, yield, interest rate, interest, and rate.

Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in mortgage interest rates across the region more than doubling. In the first quarter of 2025, the average mortgage interest rate in the UK stood at **** percent. Spain had the lowest rate, at **** percent, while Poland had the highest, at *** percent. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage home buying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

The average for 2024 based on 15 countries was 2.74 percent. The highest value was in Ukraine: 6.51 percent and the lowest value was in Bulgaria: -1.79 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.

Key information about European Union Short Term Interest Rate

• European Union 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.
• EU 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, EU Government Bond Yield: Monthly Average: Euro: 10 Years was reported at 2.90 % pa in Jan 2024.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Jan 2024.
• EU Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

From 2003 to 2025, the central banks of the United States, United Kingdom, and European Union exhibited remarkably similar interest rate patterns, reflecting shared global economic conditions. In the early 2000s, rates were initially low to stimulate growth, then increased as economies showed signs of overheating prior to 2008. The financial crisis that year prompted sharp rate cuts to near-zero levels, which persisted for an extended period to support economic recovery. The COVID-19 pandemic in 2020 led to further rate reductions to historic lows, aiming to mitigate economic fallout. However, surging inflation in 2022 triggered a dramatic policy shift, with the Federal Reserve, Bank of England, and European Central Bank significantly raising rates to curb price pressures. As inflation stabilized in late 2023 and early 2024, the ECB and Bank of England initiated rate cuts by mid-2024. Moreover, the Federal Reserve also implemented its first cut in three years, with forecasts suggesting a gradual decrease in all major interest rates between 2025 and 2026. Divergent approaches within the European Union While the ECB sets a benchmark rate for the Eurozone, individual EU countries have adopted diverse strategies to address their unique economic circumstances. For instance, Hungary set the highest rate in the EU at 13 percent in September 2023, gradually reducing it to 6.5 percent by October 2024. In contrast, Sweden implemented more aggressive cuts, lowering its rate to 2.15 percent by October 2025, the lowest among EU members. These variations highlight the complex economic landscape that European central banks must navigate, balancing inflation control with economic growth support. Global context and future outlook The interest rate changes in major economies have had far-reaching effects on global financial markets. Government bond yields, for example, reflect these policy shifts and investor sentiment. As of October 2025, the United States had the highest 10-year government bond yield among developed economies at 4.09 percent, while Switzerland had the lowest at 0.27 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

The average for 2024 based on 5 countries was 0.73 percent. The highest value was in Italy: 3.08 percent and the lowest value was in Bulgaria: -1.79 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.

As of June 2025, Estonia was the country in the euro area with the highest annualized interest rate for consumer loans and other credit amounting to over 14.06 percent. The average interest rate for a consumer loan in the euro area was approximately 7.4 percent. Meanwhile, consumer loans with a maturity of over five year had the highest interest rates in the eurozone in 2024.

Day-to-day money market interest rates: averages for the euro area (EONIA= Euro OverNight Index Average), national series for EU countries outside of euro area, and other national series (Turkey, US, Japan).

1-month, 3-month, 6-month and 12-month interest rates: averages for the euro area (EURIBOR), and national series for EU countries outside of euro area. 3-month interest rates are also available for the US and Japan.

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

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Euro Area (19 Countries) (IRSTCI01EZQ156N) from Q1 1994 to Q3 2025 about interbank, overnight, Euro Area, Europe, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Euro Area (19 Countries) (IRLTLT01EZM156N) from Jan 1970 to Oct 2025 about long-term, Euro Area, 10-year, Europe, bonds, yield, government, interest rate, interest, and rate.

European Union Key Interest Rate: Month End: Deposit Facility data was reported at 2.250 % pa in Apr 2025. This records a decrease from the previous number of 2.500 % pa for Mar 2025. European Union Key Interest Rate: Month End: Deposit Facility data is updated monthly, averaging 0.625 % pa from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. European Union Key Interest Rate: Month End: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s France – Table FR.M001: Key Interest Rates: European Central Bank.

The average for 2020 based on 4 countries was 3.35 interest rate points. The highest value was in Romania: 4.56 interest rate points and the lowest value was in Hungary: 1.49 interest rate points. The indicator is available from 1980 to 2020. Below is a chart for all countries where data are available.