Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Bank of Canada Interest Rate

Interest Rate in Canada

Indicator Data Period
Interest Rate 4.5 % Jan/23


Latest data on Interest Rate (%)

Interest Rate
                     Canada - Historical Data (%)

What is Bank of Canada Interest Rate?

  • Interest Rate in Canada increased to 4.5 % in January 2023. The maximum level was 16 % and minimum was 0.25 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
4.5 Jan/23 25.01.2023
4.25 Dec/22 07.12.2022
3.75 Oct/22 26.10.2022
3.25 Sep/22 07.09.2022
2.5 Aug/22 07.09.2022
2.5 Jul/22 13.07.2022
1.5 Jun/22 01.06.2022
1 Apr/22 13.04.2022


Historical Chart by prime ministers (%)

Interest Rate in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Justin Trudeau 04.11.2015 - 0.7500 1.0000 1.2500 0.7500 33.33%

Other money indicators in Canada

Index Updated Actual Previous
Bank Lending Rate Jan/23 6.7 % 6.45
Interbank Rate Feb/23 5 % 5
Loans to Private Sector Nov/22 465.516 B USD 463.063
Money Supply M1 Nov/22 1161.415 B USD 1168.23
Central Bank Balance Sheet Nov/22 309.241 B USD 322.263
Deposit Interest Rate Feb/23 4.58 % 4.58
Foreign Direct Investment 3Q/22 12.296 B USD 14.149
Private Sector Credit  Sep/20 3719.55 B USD 3703.917

Interest Rate in other countries

Country Updated Actual Previous
Colombia Jan/23 12.75 % 12
Panama Jul/18 1.36 % 1.35
Honduras Dec/22 3 % 3
Brazil Feb/23 13.75 % 13.75
Chile Jan/23 11.25 % 11.25
Paraguay Jan/23 8.5 % 8.5
Argentina Jan/23 75 % 75
Canada Jan/23 4.5 % 4.25
Ecuador Jan/23 8.54 % 8.48
Mexico Dec/22 10.5 % 10
Peru Jan/23 7.75 % 7.5
United States Feb/23 4.75 % 4.5
Uruguay Dec/22 11.5 % 11.25
Jamaica Dec/22 7 % 7
Suriname 4Q/22 10 % 10
Venezuela Dec/22 57.97 % 57.45
Belize Nov/22 2.25 % 2.25
Cameroon Dec/22 4.5 % 4.5
Cape Verde Dec/22 0.25 % 0.25
Cuba Dec/22 2.25 % 2.25
Dominican Republic Dec/22 8.5 % 8.5
El Salvador Nov/22 4.73 % 4.66
Guyana Dec/22 5 % 5
Haiti Dec/22 17 % 17
Trinidad and Tobago Dec/22 3.5 % 3.5