The benchmark interest rate in Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Mexico decreased to 2.85 percent in April from 3.29 percent in March of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Mexico.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Mexico (IR3TIB01MXM156N) from Jan 1997 to May 2025 about interbank, Mexico, 3-month, yield, interest rate, interest, and rate.

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 9.05 percent. Banorte and Afirme were the two other banks that offered interest rates below 10 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 1.6 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.

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.

Key information about Mexico Policy Rate

• Mexico cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.50 % pa in Feb 2025, compared with 10.00 % pa in the previous Jan 2025.
• Mexico Policy Rate averaged 4.75 % pa and is updated monthly, available from Jan 2008 to Feb 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 9.83 % pa in Feb 2025.
• Its Long Term Interest Rate (UDIBONOS Average Yield: 10 Years) was reported at 5.45 % pa in Jan 2025.
• Mexico Exchange Rate against USD averaged 17.24 (USD/MXN) in Jun 2023.
• Its Real Effective Exchange Rate was 102.79 in Nov 2024.

Mexico's monetary policy rates have been continuously increasing since 2015. In 2010, the Bank of Mexico set the base interest rate at 4.5 percent, and it remained at the same level until 2012. In 2018, the rate reached 7.64 percent, the highest level registered this decade so far. 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.

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 MX: Interest Rate Spread data was reported at 4.643 % pa in 2017. This records an increase from the previous number of 3.431 % pa for 2016. Mexico MX: Interest Rate Spread data is updated yearly, averaging 4.453 % pa from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 19.609 % pa in 1995 and a record low of 1.539 % pa in 1993. Mexico MX: Interest Rate Spread 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. 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;

Graph and download economic data for Interest Rates, Government Securities, Government Bonds for Mexico (INTGSBMXM193N) from Oct 2001 to Apr 2025 about Mexico, bonds, securities, government, interest rate, interest, and rate.

Bank deposit interest rate, percent in Mexico, March, 2025 The most recent value is 6.5 percent as of March 2025, a decline compared to the previous value of 6.61 percent. Historically, the average for Mexico from January 2000 to March 2025 is 3.84 percent. The minimum of 1.3 percent was recorded in December 2014, while the maximum of 9.88 percent was reached in January 2001. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Mexico (IR3TIB01MXA156N) from 1997 to 2024 about interbank, Mexico, 3-month, yield, interest rate, interest, and rate.

Real interest rate (%) in Mexico was reported at 6.8273 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Key information about Mexico Long Term Interest Rate

• Mexico UDIBONOS Average Yield: 10 Years was reported at 5.27 % pa in Feb 2025, compared with 5.45 % pa in the previous month.
• Mexico Long Term Interest Rate data is updated monthly, available from Oct 1999 to Feb 2025.
• The data reached an all-time high of 7.68 % pa in Mar 2001 and a record low of 1.10 % pa in Apr 2013.
• Long Term Interest Rate is reported by reported by Bank of Mexico.

• In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 9.83 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.50 % pa in Feb 2025.
• Mexico Exchange Rate against USD averaged 17.24 (USD/MXN) in Jun 2023.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 6-Month to 2-Year: Total for Mexico (IRLTST01MXM156N) from Nov 1990 to Dec 2023 about 6-month, 2-year, Mexico, long-term, bonds, yield, government, interest rate, interest, and rate.

Key information about Mexico Bank Lending Rate

• Mexico Bank Lending Rate was reported at 10.380 % pa in Jan 2025.
• This records a decrease from the previous number of 10.620 % pa for Dec 2024.
• Mexico Bank Lending Rate data is updated monthly, averaging 7.973 % pa from Sep 1993 to Jan 2025, with 377 observations.
• The data reached an all-time high of 91.970 % pa in Apr 1995 and a record low of 3.290 % pa in Sep 2014.
• Mexico 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.

Mexico MX: Deposit Interest Rate data was reported at 2.696 % pa in 2017. This records an increase from the previous number of 1.288 % pa for 2016. Mexico MX: Deposit Interest Rate data is updated yearly, averaging 11.287 % pa from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 94.959 % pa in 1987 and a record low of 0.589 % pa in 2015. Mexico MX: Deposit 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. 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.; ;

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.

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

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for Mexico (IR3TTS01MXA156N) from 1978 to 2023 about Mexico, 3-month, securities, Treasury, yield, interest rate, interest, and rate.