The benchmark interest rate in Belarus was last recorded at 9.75 percent. Interest Rate in Belarus averaged 40.84 percent from 1991 until 2025, reaching an all time high of 480.00 percent in November of 1994 and a record low of 7.75 percent in June of 2020. source: National Bank of the Republic of Belarus

Interest Rate in Belarus is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Interest Rate is projected to trend around 5.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Foreign Exchange Reserves 14425.90 13899.70 USD Million Dec 2025
Interest Rate 9.75 9.75 percent Dec 2025
Lending Rate 11.25 11.25 percent Dec 2025
Money Supply M0 14481.40 14090.00 BYN Million Dec 2025
Money Supply M1 35371.60 32960.60 BYN Million Dec 2025
Money Supply M2 64848.40 60543.50 BYN Million Dec 2025
Money Supply M3 103030.90 97999.70 BYN Million Dec 2025


Belarus Interest Rate
In Belarus, interest rate decisions are taken by the National Bank of the Republic of Belarus. The official interest rate is the refinancing rate.
Actual Previous Highest Lowest Dates Unit Frequency
9.75 9.75 480.00 7.75 1991 - 2025 percent Daily