Interest Rate | Forecast | 2016-2020

This page provides forecasts for Interest Rate including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q3/17 Q4/17 Q1/18 Q2/18 2020
United States 1.25 Jun/17 1.25 1.5 1.5 1.75 2.25
Euro Area 0.00 Jul/17 0 0 0 0 0.5
China 4.35 Jun/17 4.35 4.35 4.35 4.1 5.5
Japan -0.10 Jul/17 -0.1 0 -0.1 -0.1 -0.1
Germany 0.00 Jul/17 0 0 0 0 0.5
United Kingdom 0.25 Jun/17 0.25 0.5 0.5 0.5 0.75
France 0.00 Jul/17 0 0 0 0 0.5
India 6.25 Jun/17 6.25 6.25 6.25 6.25 4.75
Italy 0.00 Jul/17 0 0 0 0 0.5
Brazil 10.25 Jun/17   9.25 8.5 8.5 8.5 8
Canada 0.75 Jul/17 0.75 1 1 1 2
South Korea 1.25 Jul/17 1.25 1.25 1.25 1.25 2.25
Russia 9.00 Jun/17 9 8.5 8 7.5 6
Spain 0.00 Jul/17 0 0 0 0 0.5
Australia 1.50 Jul/17 1.5 1.5 1.5 1.5 3
Mexico 7.00 Jun/17   7.25 7.75 8 8 7
Indonesia 4.75 Jul/17 4.75 4.75 4.5 4.5 5
Turkey 8.00 Jun/17 8 7.75 7.75 7.5 5.75
Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Afghanistan 15.00 Jun/17 15 15 15 15 15
Albania 1.25 Jul/17 1.25 1.25 1.25 1.25 2
Algeria 3.50 Jun/17   4 4 4 4 4
Angola 16.00 Jul/17 16 16 16 16 12.5
Argentina 26.25 Jul/17   24.25 22.75 19 17 12.75
Armenia 6.00 Jun/17 6 6 6 5.75 6
Australia 1.50 Jul/17 1.5 1.5 1.5 1.5 3
Austria 0.00 Jul/17 0 0 0 0 0.5
Azerbaijan 15.00 Jun/17 15 12 10 10 6
Bahamas 4.00 Jun/17 4 4 4 4 4
Bahrain 1.50 Jun/17 1.5 1.75 1.75 1.75 2.5
Bangladesh 6.75 Jun/17   6.5 6.5 6.5 6.5 6
Barbados 3.09 Jun/17   3.5 3.7 3.7 3.7 4.3
Belarus 12.00 Jun/17 12 12 11 9 4
Belgium 0.00 Jul/17 0 0 0 0 0.5
Belize 2.50 Jun/17 2.5 2.5 2.5 2.5 2.5
Benin 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Bhutan 6.00 Jun/17 6 6 6 6 6
Bolivia 2.74 Jun/17   2.5 2.7 2.7 2.7 3
Bosnia and Herzegovina 4.42 Apr/17   3.75 3.5 3.5 3.25 2.5
Botswana 5.50 Jun/17   5 5 5 5 4.75
Brazil 10.25 Jun/17   9.25 8.5 8.5 8.5 8
Brunei 5.50 Jun/17 5.5 5.5 5.5 5.5 5.5
Bulgaria 0.00 Jul/17 0 0 0 0.25 1
Burkina Faso 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Burundi 9.01 Mar/17   6 5.9 5.8 5.8 5.5
Cambodia 1.55 Feb/17   1.8 2 2 2.1 3
Cameroon 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Canada 0.75 Jul/17 0.75 1 1 1 2
Cape Verde 7.50 Jun/17 7.5 7.25 7.25 7.25 7
Central African Republic 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Chad 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Chile 2.50 Jul/17   2.25 2.25 2.5 2.75 4
China 4.35 Jun/17 4.35 4.35 4.35 4.1 5.5
Colombia 5.75 Jun/17   4 4.5 4.5 4.5 6
Comoros 1.15 Mar/17   1.14 1.14 1.14 1.14 1
Congo 20.00 Jun/17   16 16 16 18 22
Costa Rica 4.50 Jun/17   2.5 2.75 2.75 2.75 2.75
Croatia 2.50 May/17 2.5 2.5 2.25 2.25 1.5
Cuba 2.25 Jun/17 2.25 2.25 2.25 2.25 2.25
Cyprus 0.00 Jul/17 0 0 0 0 0.5
Czech Republic 0.05 Jun/17 0.05 0.05 0.05 0.05 0.75
Denmark -0.65 May/17 -0.65 -0.65 -0.45 -0.25 0.5
Djibouti 11.50 Dec/16   12 12 12 12 10
Dominican Republic 5.75 Jun/17 5.75 5.75 5.75 5.75 6.25
Ecuador 7.72 Jun/17   7.6 7.4 7.3 7.5 10
Egypt 18.75 Jul/17 18.75 18.75 18.75 16.75 11.75
El Salvador 4.48 Jun/17   4.5 4.6 4.6 4.6 5.4
Equatorial Guinea 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Estonia 0.00 Jul/17 0 0 0 0 0.5
Ethiopia 5.00 Jun/17   6 6 6 6 5
Euro Area 0.00 Jul/17 0 0 0 0 0.5
Fiji 0.50 Jun/17   1 1 1 1 1.5
Finland 0.00 Jul/17 0 0 0 0 0.5
France 0.00 Jul/17 0 0 0 0 0.5
Gabon 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Gambia 20.00 Jun/17 20 20 19 19 20
Georgia 7.00 Jun/17 7 7 7 7 6
Germany 0.00 Jul/17 0 0 0 0 0.5
Ghana 21.00 Jul/17   20.5 19.5 18 16 14
Greece 0.00 Jul/17 0 0 0 0 0.5
Guatemala 3.00 Jun/17 3 3.25 3.25 3.25 3.75
Guinea 12.50 Jun/17 12.5 12.5 12 12 12
Guinea Bissau 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Guyana 5.00 May/17 5 5 5 5 5
Haiti 20.00 Jun/17   25 25 25 25 15
Honduras 5.50 Jun/17 5.5 5.75 5.75 5.75 5
Hong Kong 1.50 Jun/17 1.5 1.75 1.75 1.75 2.5
Hungary 0.90 Jul/17 0.9 0.9 0.9 0.9 2
Iceland 4.50 Jun/17 4.5 4.25 4.25 4 3.5
India 6.25 Jun/17 6.25 6.25 6.25 6.25 4.75
Indonesia 4.75 Jul/17 4.75 4.75 4.5 4.5 5
Iran 18.00 Dec/16 18 18 16 16 12
Iraq 4.00 Jun/17 4 4 4 4 6
Ireland 0.00 Jul/17 0 0 0 0 0.5
Israel 0.10 Jul/17 0.1 0.1 0.1 0.25 1.25
Italy 0.00 Jul/17 0 0 0 0 0.5
Ivory Coast 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Jamaica 5.00 Jun/17 5 5.25 5.25 5.25 5.75
Japan -0.10 Jul/17 -0.1 0 -0.1 -0.1 -0.1
Jordan 4.75 Jun/17 4.75 5 5 5 5.75
Kazakhstan 10.50 Jul/17   10 9.5 9 8.5 6.5
Kenya 10.00 Jul/17 10 10 10 10 9
Kuwait 2.75 Jun/17 2.75 3 3 3 3.75
Kyrgyzstan 5.00 Jun/17 5 5 5 5 6
Laos 4.25 Jun/17 4.25 4 4 4 5
Latvia 0.00 Jul/17 0 0 0 0 0.5
Lebanon 10.00 Jun/17 10 10 10 10 8
Lesotho 6.58 Dec/16   6.5 6.5 6.5 6.7 8.1
Liberia 13.30 Apr/17   13 13 13 13 11
Libya 3.00 Jun/17 3 3 3 3 3
Lithuania 0.00 Jul/17 0 0 0 0 0.5
Luxembourg 0.00 Jul/17 0 0 0 0 0.5
Macau 1.50 Jun/17 1.5 1.75 1.75 1.75 2.5
Macedonia 3.25 May/17   3 3 2.75 2.5 2
Madagascar 9.00 Jun/17   8 8 8 8 6.5
Malawi 18.00 Jul/17   22 20 20 20 18
Malaysia 3.00 Jul/17 3 3 3 3 3.5
Maldives 7.00 Jun/17 7 7 7 7 7
Mali 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Malta 0.00 Jul/17 0 0 0 0 0.5
Mauritania 9.00 Jun/17 9 8.5 8.5 8.5 8.5
Mauritius 4.00 Jun/17 4 3.75 3.75 3.75 2.75
Mexico 7.00 Jun/17   7.25 7.75 8 8 7
Moldova 8.00 Jun/17 8 8 7.75 7.75 5
Mongolia 12.00 Jun/17 12 12 10 10 8
Morocco 2.25 Jun/17 2.25 2.25 2.25 2.25 1.75
Mozambique 21.75 Jun/17   21.5 21 20.75 20.5 19
Myanmar 10.00 Jun/17 10 10 10 10 10
Namibia 7.00 Jun/17 7 7 7 6.75 6
Nepal 7.00 Jun/17 7 7 7 7 6
Netherlands 0.00 Jul/17 0 0 0 0 0.5
New Caledonia 0.25 Jun/17 0.25 0.25 0.25 0.25 0.25
New Zealand 1.75 Jun/17 1.75 1.75 1.75 1.75 2.25
Niger 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Nigeria 14.00 Jun/17 14 14 13 13 10.5
Norway 0.50 Jun/17 0.5 0.5 0.5 0.5 1.25
Oman 1.70 Jun/17   1.75 2 2 2 3
Pakistan 5.75 Jun/17 5.75 5.5 5.5 5.5 4
Panama 0.67 Apr/17   0.8 1 1 1 2.25
Papua New Guinea 6.25 Jun/17 6.25 6.25 6.25 6.25 6.25
Paraguay 5.50 Jul/17 5.5 5.25 5.25 5.25 6
Peru 3.75 Jul/17   4 4 4 4 4
Philippines 3.00 Jun/17   3.25 3.5 3.5 3.5 5
Poland 1.50 Jul/17 1.5 1.5 1.5 1.5 2
Portugal 0.00 Jul/17 0 0 0 0 0.5
Qatar 5.00 Jun/17 5 5.5 5.5 5.5 6.25
Republic of the Congo 2.95 Jun/17 2.95 2.95 2.95 2.95 2.95
Romania 1.75 Jul/17 1.75 1.75 1.75 1.75 2.5
Russia 9.00 Jun/17 9 8.5 8 7.5 6
Rwanda 6.00 Jun/17 6 6 6 6 6
Sao Tome and Principe 9.00 Jun/17   10 1 10 10 10
Saudi Arabia 2.00 Jun/17 2 2.5 2.5 2.5 3.25
Senegal 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Serbia 4.00 Jul/17 4 3.75 3.75 3.75 2.5
Seychelles 12.40 May/17 12.4 12.4 12.4 12.4 10.5
Sierra Leone 13.00 Jun/17   14 14 14 14 10
Singapore 0.82 Jun/17   0.75 0.75 0.8 0.9 1.5
Slovakia 0.00 Jul/17 0 0 0 0 0.5
Slovenia 0.00 Jul/17 0 0 0 0 0.5
South Africa 6.75 Jul/17 6.75 6.75 6.75 6.75 6
South Korea 1.25 Jul/17 1.25 1.25 1.25 1.25 2.25
Spain 0.00 Jul/17 0 0 0 0 0.5
Sri Lanka 7.25 Jun/17 7.25 7.25 7 7 6
Sudan 12.90 Mar/17   14.2 14.2 14.2 14.2 9
Suriname 25.00 Dec/16   15 15 15 15 8
Swaziland 7.25 Jun/17 7.25 7 7 7 6
Sweden -0.50 Jul/17 -0.5 -0.5 -0.5 -0.5 0.5
Switzerland -0.75 Jun/17 -0.75 -0.75 -0.5 -0.5 0.5
Taiwan 1.38 Jun/17 1.38 1.38 1.38 1.38 2
Tajikistan 16.00 Jun/17 16 16 14 14 8
Tanzania 12.00 Jun/17 12 12 12 12 10
Thailand 1.50 Jul/17 1.5 1.5 1.5 1.75 2.25
Togo 4.50 Jun/17 4.5 4.5 4.5 4.5 4.5
Trinidad and Tobago 4.75 Jun/17   5 5 5 5 5.75
Tunisia 5.00 Jun/17 5 5.25 5.5 5.5 4.75
Turkey 8.00 Jun/17 8 7.75 7.75 7.5 5.75
Uganda 10.00 Jun/17 10 10 10 10 10
Ukraine 12.50 Jul/17   12 11 10 9 6
United Arab Emirates 2.00 Jun/17 2 2.25 2.25 2.25 3
United Kingdom 0.25 Jun/17 0.25 0.5 0.5 0.5 0.75
United States 1.25 Jun/17 1.25 1.5 1.5 1.75 2.25
Uruguay 9.25 Jun/17 9.25 9 9 9 8.5
Uzbekistan 14.00 Jun/17 14 14 10 10 8
Venezuela 21.56 May/17   22.5 22.5 25 25 25.75
Vietnam 6.50 Jun/17 6.5 6.5 6.5 6.5 5.5
Yemen 15.00 Jun/17 15 15 15 15 13
Zambia 12.50 Jun/17 12.5 13.5 13.5 13.5 12
Zimbabwe 9.25 Apr/17   10.4 10 10 10 9