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FIELD LISTING :: CENTRAL BANK DISCOUNT RATE
This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.

Country Comparison to the World

Country | CENTRAL BANK DISCOUNT RATE(%)
--- | ---
Albania | 2.25% (31 December 2014) 3% (31 December 2013)
Algeria | 4% (31 December 2010) 4% (31 December 2009)
Angola | 9% (31 December 2014) 25% (31 December 2010)
Anguilla | 6.5% (31 December 2010) 6.5% (31 December 2009)
Antigua and Barbuda | 6.5% (31 December 2010) 6.5% (31 December 2009)
Argentina | NA%
Armenia | 10.5% (10 February 2015) 8% (11 January 2012) note: this is the Refinancing Rate, the key monetary policy instrument of the Armenian National Bank
Aruba | 1% (31 December 2010) 3% (31 December 2009)
Australia | 3% (28 February 2013) 4.35% (31 December 2010) note: this is the Reserve Bank of Australia's "cash rate target," or policy rate
Azerbaijan | 5% (31 December 2012) 5.25% (31 December 2011) note: this is the Refinancing Rate, the key policy rate for the National Bank of Azerbaijan
Bahamas, The | 4.5% (1 January 2014) 4.5% (31 December 2012)
Bangladesh | 5% (31 December 2010) 5% (31 December 2009)
Barbados | 7% (31 December 2010) 7% (31 December 2009)
Belarus | 20% (13 August 2014) 10.5% (31 December 2010)
Belgium | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Belize | 18% (31 December 2010) 12% (31 December 2009)
Benin | 4.25% (31 December 2010) 4.25% (31 December 2009)
Bhutan | NA%
Bolivia | 4.5% (31 December 2013) 4% (31 december 2012)
Botswana | 7.5% (31 December 2014) 7.5% (31 December 2013)
Brazil | 10% (31 December 2013) 11% (31 December 2011)
Bulgaria | 0.03% (31 December 2014) 0.02% (31 December 2013) note: Bulgarian National Bank (BNB) has had no independent monetary policy since the introduction of the Currency Board regime in 1997; this is BNB's base interest rate
Burkina Faso | 4.25% (31 December 2010) 4.25% (31 December 2009)
Burma | 9.95% (31 December 2010) 12% (31 December 2009)
Burundi | 11.25% (31 December 2010) 10% (31 December 2009)
Cabo Verde | 7.5% (31 December 2010) 7.5% (31 December 2009)
Cambodia | NA% (31 December 2012) 5.25% (31 December 2007)
Cameroon | 4.25% (31 December 2009)
Canada | 1% (31 December 2010) 0.25% (31 December 2009)
Central African Republic | 4.25% (31 December 2009) 4.75% (31 December 2008)
Chad | 4.25% (31 December 2009) 4.75% (31 December 2008)
Chile | 3.12% (31 December 2010) 0.5% (31 December 2009)
China | 2.25% (31 December 2014 est.) 2.25% (31 December 2013 est.)
Colombia | 4.75% (31 December 2011) 5% (31 December 2010)
Comoros | 1.93% (31 December 2010) 2.21% (31 December 2009)
Congo, Democratic Republic of the | 4% (31 December 2012) 20% (31 December 2011)
Congo, Republic of the | 4.25% (31 December 2009) 4.75% (31 December 2008)
Costa Rica | 21.5% (31 December 2010) 23% (31 December 2009)
Cote d'Ivoire | 4.25% (31 December 2010) 4.25% (31 December 2009)
Croatia | 7% (31 December 2013) 7% (31 December 2012)
Cuba | NA%
Cyprus | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Czech Republic | 0.05% (31 December 2013) 0.05% (31 December 2012) note: this is the two-week repo, the main rate CNB uses
Denmark | 0.75% (31 December 2011) 0.75% (31 December 2010)
Dominica | 6.5% (31 December 2010) 6.5% (31 December 2009)
Ecuador | 8.17% (31 December 2011) 8.68% (31 December 2010)
Egypt | 9.75% (30 October 2014) 8.75% (5 December 2013)
Equatorial Guinea | 8.5% (31 December 2010) 4.25% (31 December 2009)
Ethiopia | NA%
European Union | 0.75% (31 December 2013) 1.5% (31 December 2012) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Fiji | 1.75% (31 December 2010) 3% (31 December 2009)
Finland | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
France | 0.05% (31 December 2014) 0.25% (31 December 2013) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Gabon | 3% (31 December 2010) 4.25% (31 December 2009)
Gambia, The | 9% (31 December 2009) 11% (31 December 2008)
Georgia | 3.75% (15 January 2013) 5.25% (31 December 2012) note: this is the Refinancing Rate, the key monetary policy rate of the National Bank of Georgia
Germany | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Ghana | 21% (31 December 2014) 16% (31 December 2013)
Greece | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Grenada | 6.5% (31 December 2009) 6.5% (31 December 2008)
Guatemala | 6.5% (31 December 2010)
Guinea-Bissau | 4.25% (31 December 2009) 4.75% (31 December 2008)
Guinea | NA% (31 December 2010) 22.25% (31 December 2005)
Guyana | 5.5% (31 December 2011) 4.25% (31 December 2010)
Honduras | 6.25% (31 December 2010)
Hong Kong | 0.5% (31 December 2013) 0.5% (31 December 2012)
Hungary | 5.75% (19 December 2012) 7% (31 December 2011)
Iceland | 5.4% (31 January 2012) 5.75% (31 December 2010)
India | 7.75% (31 December 2014) 7.75% (31 December 2013) note: this is the Indian central bank's policy rate - the repurchase rate
Indonesia | 6.37% (31 December 2010) 6.46% (31 December 2009) note: this figure represents the 3-month SBI rate; the Bank of Indonesia has not employed the one-month SBI since September 2010
Iran | NA%
Iraq | 6% (December 2012) 6% (December 2011)
Ireland | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Israel | 0.25% (31 December 2014) 1% (31 December 2013)
Italy | 0.25% (31 December 2013) 0.75% (31 December 2012) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Jamaica | 2% (31 December 2010)
Japan | 0.3% (31 December 2014) 0.3% (31 December 2013)
Jordan | 0.3% (31 December 2010) 4.75% (31 December 2009)
Kazakhstan | 5.5% (31 December 2012) 7.5% (31 December 2011)
Kenya | 7% (31 December 2010)
Korea, South | 2% (31 December 2014) 2.5% (31 December 2013)
Kuwait | 1.25% (31 December 2010) 3% (31 December 2009)
Kyrgyzstan | 13.73% (22 December 2011) 2.5% (31 December 2010)
Laos | 4.3% (31 December 2010) 4% (31 December 2009)
Latvia | 3.5% (31 December 2011) 3.5% (31 December 2010)
Lebanon | 3.5% (31 December 2010) 10% (31 December 2009)
Lesotho | 9.36% (31 December 2012) 10% (31 December 2010)
Libya | 9.52% (31 December 2010) 3% (31 December 2009)
Lithuania | 3% (31 December 2010) 2.06% (31 December 2009)
Luxembourg | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Macedonia | 3.25% (31 December 2014) 3.25% (31 December 2013) note: series discontinued in January 2010; the discount rate has been replaced by a referent rate for calculating the penalty rate
Madagascar | 5% (31 December 2010)
Malawi | 15% (31 December 2009) 15% (31 December 2008)
Malaysia | 3% (31 December 2011) 2.83% (31 December 2010)
Maldives | 7% (31 December 2012) 6.96% (31 December 2011)
Mali | 16% (31 December 2010) 4.25% (31 December 2009)
Malta | 0.05% (31 December 2014) 0.25% (31 December 2013) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Mauritania | 9% (31 December 2009) 12% (31 December 2007)
Mauritius | 9% (31 December 2010)
Mexico | 4.5% (31 December 2012) 4.5% (31 December 2011)
Moldova | 3.5% (31 December 2013) 4.5% (31 December 2012) note: this is the basic rate on short-term operations
Mongolia | 13% (15 January 2015) 12% (31 July 2014)
Montserrat | 10.99% (31 December 2010) 6.5% (31 December 2009)
Morocco | 6.5% (31 December 2010) 3.31% (31 December 2009)
Mozambique | 9.5% (17 January 2013) 3.25% (31 December 2010)
Namibia | 6% (31 December 2014) 5.5% (31 December 2013)
Nepal | 8% (31 October 2014) 8% (31 December 2013)
Netherlands | 0.75% (31 December 2013) 1.5% (31 December 2010) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
New Zealand | 2.5% (31 December 2009) 5% (31 December 2008)
Nicaragua | 3% (31 December 2010)
Nigeria | 4.25% (31 December 2010) 6% (31 December 2009)
Niger | 4.25% (31 December 2009) 4.75% (31 December 2008)
Norway | 6.25% (31 December 2010) 1.75% (31 December 2009)
Oman | 2% (31 December 2010) 0.05% (31 December 2009)
Pakistan | 9.5% (18 December 2014) 10% (31 December 2013)
Papua New Guinea | 14% (31 December 2010) 6.92% (31 December 2009)
Paraguay | 5.5% (31 December 2012) 6% (31 December 2011)
Peru | 5.05% (31 December 2012) 5.05% (31 December 2011)
Philippines | 6.13% (31 December 2014) 5.63% (31 December 2013)
Poland | 4.25% (31 December 2012) 4% (31 December 2010)
Portugal | 0.05% (31 December 2014) 0.25% (31 December 2013) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Qatar | 4.5% (31 December 2012) 4.93% (31 December 2011)
Romania | 2.75% (31 December 2014) 4% (31 December 2013)
Russia | 17% (2014 est.) 8% (31 December 2011) note: this is the so-called refinancing rate, but in Russia banks do not get refinancing at this rate; this is a reference rate used primarily for fiscal purposes
Rwanda | 7.75% (31 December 2010) 11.25% (31 December 2008)
Saint Kitts and Nevis | 6.5% (31 December 2009) 6.5% (31 December 2008)
Saint Lucia | 6.5% (31 December 2010) 6.5% (31 December 2009)
Saint Vincent and the Grenadines | 6.5% (31 December 2010) 6.5% (31 December 2009)
Sao Tome and Principe | 16% (31 December 2009) 28% (31 December 2008)
Saudi Arabia | 2.5% (31 December 2008)
Senegal | 0.25% (31 December 2010) 4.25% (31 December 2009)
Serbia | 9.5% (18 March 2014) 11.75% (6 February 2013)
Seychelles | 11.17% (31 December 2010)
Sierra Leone | NA%
Slovakia | 0.3% (10 September 2014) 0.75% (13 November 2013) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks from the euro area; Slovakia became a member of the Economic and Monetary Union (EMU) on 1 January 2009
Slovenia | 0.75% (31 December 2013) 1.5% (31 December 2012) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Somalia | NA%
South Africa | 5.75% (31 December 2014) 7% (31 December 2009)
Spain | 0.05% (10 September 2014) 0.25% (13 November 2013) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Sri Lanka | 6.5% (31 December 2013) 7.5% (19 December 2012)
Suriname | 10% (2013) 9% (2012)
Swaziland | 6.5% (31 December 2010) 6.5% (31 December 2009)
Sweden | 0% (31 December 2014) 1% (31 December 2013) note:: the Discount rate was abolished in 2002, and replaced by a "Reference rate" with no bearing on monetary policy; the rate quoted here is the Reference rate
Switzerland | 0.5% (31 December 2010) 0.75% (31 December 2009)
Syria | 0.75% (31 December 2014) 5% (31 December 2013)
Taiwan | 1.88% (31 March 2015) 1.88% (31 December 2011)
Tajikistan | 4.8% (31 December 2013) 6.5% (31 December 2012)
Tanzania | 8.25% (31 December 2010) 3.7% (31 December 2009)
Thailand | 2% (31 December 2014) 2.25% (31 December 2013)
Togo | 2.5% (31 December 2010) 4.25% (31 December 2009)
Trinidad and Tobago | 4.25% (31 December 2010) 7.25% (31 December 2009)
Tunisia | 5.75% (31 December 2010)
Turkey | 5.25% (31 December 2011) 15% (22 December 2009)
Turkmenistan | 5% (31 December 2014) 5% (31 December 2013)
Uganda | 14% (December 2014) 14.5% (31 December 2013)
Ukraine | 7.5% (31 January 2012) 11.97% (31 December 2010)
United Arab Emirates | NA%
United Kingdom | 0.5% (31 December 2014) 0.5% (31 December 2013)
United States | 0.5% (31 December 2010) 0.5% (31 December 2009)
Uruguay | 9% (31 December 2012) 8.75% (31 December 2011) note: Uruguay's central bank uses the benchmark interest rate, rather than the discount rate, to conduct monetary policy; the rates shown here are the benchmark rates
Vanuatu | 20% (31 December 2010) 6% (31 December 2009)
Venezuela | 29.5% (31 December 2010) 29.5% (31 December 2009)
Vietnam | 9% (31 December 2012) 15% (31 December 2011)
Yemen | NA%
Zambia | 8.39% (31 December 2009) 14.49% (31 December 2008)
Zimbabwe | 7.17% (31 December 2010) 975% (31 December 2007)

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