Serbia Interest Rate  2006-2018 | Data | Chart | Calendar | Forecast

The central bank of Serbia left its key policy rate rate unchanged at 3 percent on May 10th 2018, in line with market expectations. Policymakers said annual inflation is expected to gradually approach the target of 3 ± 1.5 percent. Inflation is seen close to the lower bound of the target range by the end of this year, and should approach the target midpoint of 3 percent in the second half of 2019. In March, the inflation fell to 1.4 percent, the lowest in 1-1/2-years. The central bank added that uncertainty in global oil prices and the increasingly diverging policies of the Federal Reserve and the European Central Bank still mandate caution in conducting monetary policy. Interest Rate in Serbia averaged 9.37 percent from 2006 until 2018, reaching an all time high of 18 percent in October of 2006 and a record low of 3 percent in April of 2018.

Serbia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 11:00 AM Interest Rate Decision 3.25% 3.5% 3.5% 3.5%
2018-04-12 10:00 AM Interest Rate Decision 3% 3.25% 3.25% 3.25%
2018-05-10 10:00 AM Interest Rate Decision 3% 3% 3% 3%
2018-06-07 10:00 AM Interest Rate Decision 3% 3%
2018-07-12 10:00 AM Interest Rate Decision 3%
2018-08-09 10:00 AM Interest Rate Decision 3%


Serbia Money Last Previous Highest Lowest Unit
Interest Rate 3.00 3.00 18.00 3.00 percent [+]
Money Supply M0 151880.00 145343.00 163944.00 16056.00 RSD Million [+]
Foreign Exchange Reserves 10429.30 10234.90 12058.20 2682.00 EUR Million [+]
Deposit Interest Rate 1.75 1.75 15.25 1.75 percent [+]
Lending Rate 4.25 4.75 25.26 4.25 percent [+]
Loans To Private Sector 1011709.00 1005249.00 1152545.00 187458.00 SRB Million [+]
Interbank Rate 2.87 2.87 19.18 2.84 percent [+]
Money Supply M1 632921.00 619885.00 669686.00 43647.00 RSD Million [+]
Money Supply M2 838634.00 821647.00 872081.00 52024.00 RSD Million [+]
Money Supply M3 2255146.00 2235929.00 2275502.00 86158.00 RSD Million [+]


Serbia Interest Rate

In Serbia, interest rate decisions are taken by the Executive Board of the National Bank of Serbia. The official interest rate is the key policy rate. This page provides - Serbia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 18.00 3.00 2006 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Apr/18
Mexico 7.50 May/18
Russia 7.25 Apr/18
Brazil 6.50 May/18
India 6.00 Apr/18
Indonesia 4.50 May/18
China 4.35 Apr/18
United States 1.75 May/18
Australia 1.50 May/18
South Korea 1.50 Apr/18
Canada 1.25 Apr/18
United Kingdom 0.50 May/18
Euro Area 0.00 Apr/18
France 0.00 Apr/18
Germany 0.00 Apr/18
Italy 0.00 Apr/18
Netherlands 0.00 Apr/18
Spain 0.00 Apr/18
Japan -0.10 Apr/18
Switzerland -0.75 Apr/18


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