The National Bank of Poland held its benchmark reference rate at a record low of 1.5 percent on December 5th 2018, in line with market expectations, saying the decision is conducive to keeping the Polish economy on a sustainable growth and maintaining macroeconomic stability. Policymakers added that the economic outlook remains favourable, although GDP growth is expected to slow next year and inflation may rise due to energy prices. Also, the lombard rate and the deposit rate were kept unchanged at 2.5 percent and 0.5 percent, respectively, and the rediscount rate was left at 1.75 percent. Interest Rate in Poland averaged 6.88 percent from 1998 until 2018, reaching an all time high of 24 percent in March of 1998 and a record low of 1.50 percent in March of 2015.

Interest Rate in Poland is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Poland to stand at 2.00 in 12 months time. In the long-term, the Poland Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Poland Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-05 11:05 AM Interest Rate Decision 1.5% 1.5% 1.5% 1.5%
2018-10-03 11:15 AM Interest Rate Decision 1.5% 1.5% 1.5% 1.5%
2018-11-07 01:00 PM Interest Rate Decision 1.5% 1.5% 1.5% 1.5%
2018-12-05 12:45 PM Interest Rate Decision 1.5% 1.5% 1.5% 1.5%


Poland Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 24.00 1.50 percent [+]
Interbank Rate 1.62 1.62 29.58 1.55 percent [+]
Money Supply M0 257614.90 262972.10 262972.10 10909.00 PLN Million [+]
Money Supply M1 957382.97 945165.10 957382.97 63625.70 PLN Million [+]
Money Supply M2 1380484.55 1359313.76 1380484.55 138755.50 PLN Million [+]
Money Supply M3 1394706.06 1376164.80 1394706.06 139333.86 PLN Million [+]
Foreign Exchange Reserves 113835.00 111416.50 119470.30 3485.70 USD Million [+]
Banks Balance Sheet 1965002.40 1939543.20 1965002.40 208191.90 PLN Million [+]
Deposit Interest Rate 0.50 0.50 7.50 0.50 percent [+]
Loans To Private Sector 308537.81 308641.89 310009.61 53996.69 PLN Million [+]
Private Debt to GDP 121.70 127.10 127.10 51.90 percent [+]
Cash Reserve Ratio 3.50 3.50 5.00 3.00 percent [+]
Central Bank Balance Sheet 439438.50 440767.00 503011.00 84966.50 PLN Million [+]


Poland Interest Rate

In Poland interest rates decisions are taken by the National Bank of Poland (Narodowy Bank Polski, NBP). The official interest rate is the Reference Rate. This page provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.50 24.00 1.50 1998 - 2018 percent Daily




Country Last Previous
Argentina 59.00 Dec/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
South Africa 6.75 Nov/18
Brazil 6.50 Oct/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18


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