The benchmark interest rate in Ireland is set by the European Central Bank. Interest Rate in Ireland averaged 1.88 percent from 1998 until 2026, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. source: European Central Bank

Interest Rate in Ireland is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Interest Rate is projected to trend around 2.50 percent in 2025 and 2.25 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 156982.00 166717.00 EUR Million May 2026
Foreign Exchange Reserves 11824.00 11802.00 EUR Million Jun 2026
Interbank Rate 2.31 2.25 percent Jul 2026
ECB Interest Rate 2.40 2.15 percent Jun 2026
Loans to Private Sector 28182.00 28047.00 EUR Million May 2026
Money Supply M1 313794.00 314581.00 EUR Million May 2026
Money Supply M2 382173.00 383176.00 EUR Million May 2026
Money Supply M3 552453.00 543164.00 EUR Million May 2026
Private Debt to GDP 182.91 216.10 percent Dec 2025


Ireland Interest Rate
Ireland is a member of the European Union which has adopted the euro. Ireland's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.15 4.75 0.00 1998 - 2026 percent Daily