Taiwan’s central bank left its key discount rate unchanged at 2% at its December 2025 meeting, in line with market expectations and extending a pause in policy since March 2024. Policymakers cited moderate inflation, with headline CPI forecast to rise 1.66% year on year and core CPI at 1.65%, both lower than in 2024 and expected to ease further to 1.63% in 2026. Economic growth has remained robust, with GDP expanding 7.18% year-on-year in the first three quarters, surpassing forecasts, and full-year growth expected at 7.31%, well above the September projection of 4.55%, supported by strong demand for emerging technologies such as AI, which has driven substantial export growth. The central bank noted ongoing global uncertainties, including potential US trade-policy shocks, slower growth in China, and geopolitical and climate risks, while Taiwanese goods remain subject to a 20% US tariff amid ongoing negotiations for a more favorable agreement. source: Central Bank of the Republic of China (Taiwan)

The benchmark interest rate in Taiwan was last recorded at 2 percent. Interest Rate in Taiwan averaged 1.78 percent from 2000 until 2026, reaching an all time high of 4.63 percent in December of 2000 and a record low of 1.13 percent in March of 2020. This page provides the latest reported value for - Taiwan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The benchmark interest rate in Taiwan was last recorded at 2 percent. Interest Rate in Taiwan is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Interest Rate is projected to trend around 1.25 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-06-19 08:30 AM Interest Rate Decision 2% 2% 2.0% 2.0%
2025-09-18 08:30 AM Interest Rate Decision 2% 2% 2% 2.0%
2025-12-18 08:30 AM Interest Rate Decision 2% 2% 2% 2.0%
2026-03-19 08:30 AM Interest Rate Decision 2%
2026-06-18 08:30 AM Interest Rate Decision
2026-09-17 08:30 AM Interest Rate Decision


Related Last Previous Unit Reference
Banks Balance Sheet 67945370.00 67406482.00 TWD Million Dec 2025
Central Bank Balance Sheet 20912640.00 20901258.00 TWD Million Dec 2025
Foreign Exchange Reserves 6025.50 5997.90 USD Hundred Million Dec 2025
Interest Rate 2.00 2.00 percent Jan 2026
Loan Growth 5.86 5.64 percent Dec 2025
Loans to Private Sector 17457991.00 17324622.00 TWD Million Dec 2025
Money Supply M0 3506151.00 3468916.00 TWD Million Dec 2025
Money Supply M1 12131199.00 11977391.00 TWD Million Dec 2025
M2 Money Supply YoY 67081741.00 66845027.00 TWD Million Dec 2025


Taiwan Interest Rate
In Taiwan, interest rate decisions are taken by Central Bank of the Republic of China (Taiwan). The official interest rate is the discount rate on 10-day loans to banks.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 4.63 1.13 2000 - 2026 percent Daily

News Stream
Taiwan Central Bank Holds Key Rate at 2%
Taiwan’s central bank left its key discount rate unchanged at 2% at its December 2025 meeting, in line with market expectations and extending a pause in policy since March 2024. Policymakers cited moderate inflation, with headline CPI forecast to rise 1.66% year on year and core CPI at 1.65%, both lower than in 2024 and expected to ease further to 1.63% in 2026. Economic growth has remained robust, with GDP expanding 7.18% year-on-year in the first three quarters, surpassing forecasts, and full-year growth expected at 7.31%, well above the September projection of 4.55%, supported by strong demand for emerging technologies such as AI, which has driven substantial export growth. The central bank noted ongoing global uncertainties, including potential US trade-policy shocks, slower growth in China, and geopolitical and climate risks, while Taiwanese goods remain subject to a 20% US tariff amid ongoing negotiations for a more favorable agreement.
2025-12-18
Taiwan Keeps Key Rate at 2% as Expected
The Central Bank of Taiwan maintained its key discount rate at 2% in its September 2025 meeting, in line with market expectations. The decision reflects a cautious approach amid global uncertainties, including US trade policy, major central bank actions, slowing growth in China, and geopolitical risks. Taiwan’s economy outperformed in H1 2025, supported by strong demand for AI and emerging technologies, robust exports, and expanding private investment. The central bank raised its GDP forecast for 2025 to 4.55%. CPI for January–August 2025 averaged 1.83%, partly due to elevated food prices amid recent weather conditions, while core CPI rose 1.64%. The central bank projects full-year CPI and core CPI growth of 1.75% and 1.67%, respectively, both below 2024 levels of 2.18% and 1.88%. The Bank emphasized that keeping the policy rate steady aims to navigate global economic uncertainties and US trade policy risks, while supporting stable domestic growth and continued moderation in inflation.
2025-09-18
Taiwan Holds Rates Steady as Expected
The Central Bank of Taiwan kept its key discount rate unchanged at 2% during its June 2025 meeting, in line with market expectations. The decision reflects ongoing global economic uncertainties, a stable domestic outlook, and continued easing of inflationary pressures. Taiwan’s economy outperformed expectations in the first half of 2025, supported by strong global demand for emerging technologies and early inventory stocking by foreign firms in anticipation of potential US tariff hikes. The central bank maintained its GDP growth forecast at 3.05% for 2025. Meanwhile, the inflation rate from January to May 2025 rose at an average annual rate of 2.04%, while core CPI increased by 1.65%. The central bank projects full-year CPI and core CPI growth at 1.81% and 1.69%, respectively—both lower than the 2024 figures of 2.18% and 1.88%. The Bank cautioned that inflation risks remain, citing commodity price swings, domestic service costs, and unpredictable weather as potential pressures.
2025-06-19