The Sveriges Riksbank raised its lending rate by 25 bps to 0.50 percent on December 20th in a surprise move, saying that the need for a highly expansionary monetary policy has decreased slightly as inflation and inflation expectations have become established at around 2 percent amid strong economic activity. The central bank lifted rates for the first time since July 2011 from the historic lows where they have sat since February 2016. Policymakers also said next rate rise will probably occur during the second half of 2019. Lending Rate in Sweden averaged 3.34 percent from 1994 until 2018, reaching an all time high of 9.50 percent in July of 1995 and a record low of 0.25 percent in February of 2016.

Lending Rate in Sweden is expected to be 0.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Sweden to stand at 0.75 in 12 months time. In the long-term, the Sweden Lending Rate is projected to trend around 1.25 percent in 2020, according to our econometric models.

Sweden Lending Rate
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Forecast Data Chart
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Sweden Money Last Previous Highest Lowest Unit
Interest Rate -0.25 -0.50 8.91 -0.50 percent [+]
Interbank Rate -0.08 -0.08 13.13 -0.65 percent [+]
Money Supply M0 57897.00 57737.00 100763.00 53430.00 SEK Million [+]
Money Supply M3 3435738.00 3398509.00 3435738.00 987445.00 SEK Million [+]
Banks Balance Sheet 10010905.00 10081929.00 13664616.00 1784742.00 SEK Million [+]
Foreign Exchange Reserves 534355.00 539121.00 551350.00 34098.00 SEK Million [+]
Loans to Private Sector 1416257.00 1412960.00 1416257.00 344995.00 SEK Million [+]
Deposit Interest Rate -1.00 -1.25 8.00 -1.25 percent [+]
Lending Rate 0.50 0.25 9.50 0.25 percent [+]
Loan Growth 5.70 5.80 23.50 -3.30 percent [+]
Money Supply M1 2904088.00 2857347.00 2904088.00 627592.00 SEK Million [+]
Money Supply M2 3348953.00 3296521.00 3348953.00 840564.00 SEK Million [+]
Private Debt to GDP 271.50 267.30 274.60 181.00 percent [+]
Central Bank Balance Sheet 934436.00 937537.00 938223.00 28957.00 SEK Million [+]


Sweden Lending Rate

In Sweden, the lending rate is the rate of interest banks pay when they borrow overnight funds from the Riksbank and is normally 0.75 percentage points higher than the repo rate. This page provides - Sweden Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Lending Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.25 9.50 0.25 1994 - 2018 percent Monthly
NSA




Country Last Previous
Turkey 25.50 Jan/19
South Africa 10.00 Apr/18
Indonesia 6.75 Jan/19
United Kingdom 1.00 Dec/18
Euro Area 0.25 Jan/19


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