The National Bank of Ukraine lowered its benchmark interest rate by 50 bps to 17.5 percent on April 25th of 2019, matching market expectations and bringing borrowing costs to the lowest since August of 2018. Policymakers said the cut is in line with reaching inflation target of 5 percent. In March, annual inflation rate fell to 8.6 percent from 8.8 percent in February, in line with central bank estimates. Policymakers expect inflation to fall to 6.3% by the end of 2019 and 5.0% by the end of 2020. Also, GDP growth is seen slowing to 2.5% in 2019; and then accelerating to 2.9% in 2020 and 3.7% in 2021. Policymakers added further rate reductions will depend on the implementation of inflationary risks and the improvement of inflation expectations. Interest Rate in Ukraine averaged 38.83 percent from 1992 until 2019, reaching an all time high of 300 percent in October of 1994 and a record low of 6.50 percent in August of 2013.

Interest Rate in Ukraine is expected to be 17.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ukraine to stand at 16.50 in 12 months time. In the long-term, the Ukraine Interest Rate is projected to trend around 16.00 percent in 2020, according to our econometric models.

Ukraine Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-13 12:00 PM Interest Rate Decision 18% 18% 18% 18%
2019-01-31 12:00 PM Interest Rate Decision 18% 18% 17.5% 18%
2019-03-14 12:00 PM Interest Rate Decision 18% 18% 18% 18%
2019-04-25 11:00 AM Interest Rate Decision 17.5% 18% 17.5% 17.5%
2019-06-06 11:00 AM Interest Rate Decision 17.5% 17%
2019-07-18 11:00 AM Interest Rate Decision 17%
2019-09-05 11:00 AM Interest Rate Decision 17%


Ukraine Money Last Previous Highest Lowest Unit
Interest Rate 17.50 18.00 300.00 6.50 percent [+]
Money Supply M0 344357.00 343362.00 364753.00 2600.00 UAH Million [+]
Money Supply M1 649795.00 654945.00 671285.00 4400.00 UAH Million [+]
Interbank Rate 17.75 18.00 32.16 3.59 percent [+]
Money Supply M2 1249420.00 1251738.00 1273772.00 6514.00 UAH Million [+]
Money Supply M3 1252569.00 1256267.00 1276221.00 6594.00 UAH Million [+]
Banks Balance Sheet 1914363.00 1931480.00 1984645.00 374153.94 UAH Million [+]
Foreign Exchange Reserves 20524.60 20632.87 38351.69 4629.00 USD Million [+]
Loans to Private Sector 759784.14 748844.75 935460.41 99820.18 UAH Million [+]
Deposit Interest Rate 13.39 13.40 329.10 6.00 percent [+]
Central Bank Balance Sheet 1058673.00 1092479.00 1169957.00 197215.00 UAH Million [+]


Ukraine Interest Rate

In Ukraine, interest rate decisions are taken by the National Bank of Ukraine. The official interest rate is the discount rate. This page provides the latest reported value for - Ukraine Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.50 18.00 300.00 6.50 1992 - 2019 percent Daily




Country Last Previous
Argentina 71.48 May/19
Turkey 24.00 Apr/19
Mexico 8.25 May/19
Russia 7.75 Apr/19
South Africa 6.75 Apr/19
Brazil 6.50 May/19
India 6.00 Apr/19
Indonesia 6.00 May/19
China 4.35 Apr/19
Saudi Arabia 3.00 Apr/19
United States 2.50 May/19
Singapore 2.24 Mar/19
Canada 1.75 Apr/19
South Korea 1.75 Apr/19
Australia 1.50 May/19
United Kingdom 0.75 May/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Apr/19
Switzerland -0.75 Apr/19


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