Serbia Interest Rate  2006-2017 | Data | Chart | Calendar | Forecast

The central bank of Serbia left its key policy rate steady at 3.5 percent on November 9th 2017, following a 25bps cut in the previous meeting, mentioning low inflationary pressures, the expected effects of past monetary policy easing, better economic performance in the third quarter and improved outlook. Policymakers expect inflation to continue to move within the target band of 3.0±1.5% in the coming period, and to be at a lower level in the first half of 2018 due to the high base effect from the prices of petroleum products and other products that underwent one-off price hikes early in the year. In September, the inflation was 3.2 percent. Interest Rate in Serbia averaged 9.64 percent from 2006 until 2017, reaching an all time high of 18 percent in October of 2006 and a record low of 3.50 percent in October of 2017.

Serbia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-07 10:00 AM Interest Rate Decision 3.75% 4% 4%
2017-10-09 10:00 AM Interest Rate Decision 3.5% 3.75% 3.75% 3.75%
2017-11-09 11:00 AM Interest Rate Decision 3.5% 3.5% 3.5%
2017-12-07 11:00 AM Interest Rate Decision 3.5%


Serbia Money Last Previous Highest Lowest Unit
Interest Rate 3.50 3.50 18.00 3.50 percent [+]
Money Supply M0 146829.00 141813.00 159227.00 16056.00 RSD Million [+]
Foreign Exchange Reserves 10760.40 10635.70 12058.20 2682.00 EUR Million [+]
Deposit Interest Rate 2.25 2.50 15.25 2.25 percent [+]
Lending Rate 5.25 5.50 25.26 5.25 percent [+]
Loans To Private Sector 999258.00 1006876.00 1152545.00 187458.00 SRB Million [+]
Interbank Rate 3.06 3.05 19.18 3.05 percent [+]
Money Supply M1 602675.00 597507.00 607822.00 43647.00 RSD Million [+]
Money Supply M2 808342.00 802320.00 808342.00 52024.00 RSD Million [+]
Money Supply M3 2204542.00 2191643.00 2204542.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.50 18.00 3.50 2006 - 2017 percent Daily




interest rate by Country
Country Last
Russia 8.25 Oct/17
Turkey 8.00 Oct/17
Brazil 7.50 Oct/17
Mexico 7.00 Nov/17
India 6.00 Oct/17
China 4.35 Oct/17
Indonesia 4.25 Nov/17
Australia 1.50 Nov/17
South Korea 1.25 Oct/17
United States 1.25 Nov/17
Canada 1.00 Oct/17
United Kingdom 0.50 Nov/17
Euro Area 0.00 Oct/17
France 0.00 Oct/17
Germany 0.00 Oct/17
Italy 0.00 Oct/17
Netherlands 0.00 Oct/17
Spain 0.00 Oct/17
Japan -0.10 Oct/17
Switzerland -0.75 Oct/17