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Bank of Canada Interest Rate

Interest Rate in Canada

Indicator Data Period
Interest Rate 5 % Sep/23


Latest data on Interest Rate (%)

Interest Rate
                     Canada - Historical Data (%)

What is Bank of Canada Interest Rate?

  • Interest Rate in Canada remained unchanged at 5 % in September 2023. The maximum level was 16 % and minimum was 0.25 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
5 Sep/23 06.09.2023
5 Jul/23 14.07.2023
4.75 Jun/23 07.06.2023
4.5 Apr/23 12.04.2023
4.5 Mar/23 08.03.2023
4.5 Jan/23 25.01.2023
4.25 Dec/22 07.12.2022
3.75 Oct/22 26.10.2022


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 Sep/23 7.2 % 7.2
Interbank Rate Oct/23 5.57 % 5.57
Loans to Private Sector Jul/23 481.631 B USD 481.094
Money Supply M1 Jul/23 1111.114 B USD 1107.342
Central Bank Balance Sheet Aug/23 256.707 B USD 263.168
Deposit Interest Rate Oct/23 5.23 % 5.23
Foreign Direct Investment 2Q/23 8.998 B USD 14.978
Private Sector Credit  Sep/20 3719.55 B USD 3703.917

Interest Rate in other countries

Country Updated Actual Previous
Colombia Sep/23 13.25 % 13.25
Panama Jul/18 1.36 % 1.35
Honduras Aug/23 3 % 3
Brazil Sep/23 12.75 % 13.25
Chile Sep/23 9.5 % 10.25
Paraguay Sep/23 8 % 8.25
Argentina Oct/23 118 % 118
Canada Sep/23 5 % 5
Ecuador Aug/23 9.29 % 9.02
Mexico Sep/23 11.25 % 11.25
Peru Oct/23 7.25 % 7.5
United States Sep/23 5.5 % 5.5
Uruguay Oct/23 9.5 % 10
Jamaica Sep/23 7 % 7
Suriname 2Q/23 10 % 10
Venezuela Jul/23 55.78 % 55.24
Belize Aug/23 2.25 % 2.25
Cameroon Sep/23 5 % 5
Cape Verde Aug/23 1 % 1
Cuba Aug/23 2.25 % 2.25
Dominican Republic Sep/23 7.5 % 7.5
El Salvador Dec/22 5.02 % 3.43
Guyana Aug/23 5 % 5
Haiti Aug/23 17 % 17
Trinidad and Tobago Sep/23 3.5 % 3.5