The Banco Central de Costa Rica (BCCR) reduced its policy rate by 25 bps to 3% in July 2026, the first cut in seven months, citing inflation below its 3% target and slowing domestic economic activity. Still, the central bank stressed that caution remains necessary in policy moves amid ongoing geopolitical tensions, volatile commodity prices, and divergent monetary policies among major central banks. source: Central Bank of Costa Rica

The benchmark interest rate in Costa Rica was last recorded at 3 percent. Interest Rate in Costa Rica averaged 5.00 percent from 2006 until 2026, reaching an all time high of 10.00 percent in August of 2008 and a record low of 0.75 percent in June of 2020. This page provides - Costa Rica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The benchmark interest rate in Costa Rica was last recorded at 3 percent. Interest Rate in Costa Rica is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Interest Rate is projected to trend around 3.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Deposit Interest Rate 3.44 3.69 percent Dec 2025
Foreign Exchange Reserves 20447.90 20816.40 USD Million Aug 2026
Interest Rate 3.00 3.00 percent Aug 2026
Money Supply M2 16882823.20 16851154.30 CRC Million Jul 2026


Costa Rica Interest Rate
In Costa Rica, interest rate decisions are taken by the Central Bank of Costa Rica. The official interest rate is the monetary policy rate. The monetary policy rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 10.00 0.75 2006 - 2026 percent Monthly