World Interest Rates Table

Welcome to World Interest Rates, here are the current interest rates of 32 countries national banks.
You can also find the price for Gold,Silver and Platinum in the precious metals page.
countries government's and national banks change the rate of interest in order to achieve a desired Monetary policy.
in the table below are the current interest rates around the world ,in order to see interest rates by region use the menu on the left side,you can also sort the table by clicking on the column headers.



CountryCurrent RatePrevious RateChangeLast Change
Australia3.75%4.25%-0.5%May 02 2011
Brazil9.75%10.5%-0.75%Mar 07 2012
Canada1%0.7%0.3%Sep 08 2010
Chile5%5.25%-0.25%Jan 13 2012
China6.56%6.3%0.26%Jul 06 2011
Colombia5.25%5%0.25%Feb 27 2012
Czech Republic0.75%1%-0.25%May 06 2010
Denmark0.75%1%-0.25%Dec 09 2011
Egypt9.25%8.2%1.05%Nov 24 2011
European Monetary Union1%1.2%-0.2%Dec 08 2011
Hong Kong SAR0.5%1%-0.5%Dec 17 2008
Hungary7%6%1%Dec 20 2011
Iceland5%4.7%0.3%Mar 21 2012
India8.5%8.2%0.3%Oct 25 2011
Indonesia5.75%6%-0.25%Feb 09 2012
Israel2.5%2.75%-0.25%Jan 01 2012
Japan0.1%0%0.1%Dec 19 2008
Korea, Republic of3.25%3%0.25%Jun 10 2011
Malaysia3%2.75%0.25%Jul 08 2010
Mexico4.5%4.75%-0.25%Jul 17 2009
New Zealand2.5%3%-0.5%Mar 09 2011
Norway1.5%1.7%-0.2%Mar 14 2012
Philippines4%4.25%-0.25%Mar 01 2012
Poland4.5%4.25%0.25%Jun 09 2011
South Africa5.5%6%-0.5%Sep 10 2010
Sweden1.5%1.7%-0.2%Feb 16 2012
Switzerland0%0.2%-0.2%Aug 03 2011
Taiwan1.875%1.75%0.125%Jul 01 2011
Thailand3%3.25%-0.25%Jan 25 2012
Turkey5.75%6.2%-0.45%Aug 05 2011
United Kingdom0.5%1%-0.5%Mar 05 2009
United States0.25%1%-0.75%Dec 16 2008






About Monetary policy

Monetary policy is the process a government, national bank, or monetary authority of a country uses to control
(i) the supply of money
(ii) availability of money
(iii) cost of money or rate of interest
to attain a set of objectives oriented towards the growth and stability of the economy.Monetary theory provides insight into how to craft optimal monetary policy. and it also used to influence the country currency.

Monetary policy is referred to as either being an expansionary policy, or a contractionary policy, where an expansionary policy increases the total supply of money in the economy, and a contractionary policy decreases the total money supply. Expansionary policy is traditionally used to combat unemployment in a recession by lowering interest rates, while contractionary policy involves raising interest rates to combat inflation. Monetary policy is contrasted with fiscal policy, which refers to government borrowing, spending and taxation.full article