The Czech National Bank held its benchmark two-week repo rate unchanged at 2 percent on September 25th 2019, as expected after inflation came in at 2.9 percent, the top of the central bank’s 1%-3% tolerance band. The Lombard rate and the discount rate were also kept at 3 percent and 1 percent, respectively. Interest Rate in Czech Republic averaged 4.79 percent from 1995 until 2019, reaching an all time high of 39 percent in June of 1997 and a record low of 0.05 percent in November of 2012.

Interest Rate in Czech Republic is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Czech Republic to stand at 2.25 in 12 months time. In the long-term, the Czech Republic Interest Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Czech Republic Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-02 11:00 AM CNB Interest Rate Decision 2% 1.75% 2% 1.75%
2019-06-26 11:00 AM CNB Interest Rate Decision 2% 2% 2% 2%
2019-08-01 11:00 AM CNB Interest Rate Decision 2% 2% 2% 2%
2019-09-25 11:00 AM CNB Interest Rate Decision 2% 2% 2% 2%
2019-11-07 12:00 PM CNB Interest Rate Decision 2% 2%
2019-12-19 12:00 PM CNB Interest Rate Decision 2%


Czech Republic Money Last Previous Highest Lowest Unit
Interest Rate 2.00 2.00 39.00 0.05 percent [+]
Interbank Rate 0.17 0.17 27.63 0.15 percent [+]
Money Supply M0 588482.50 584848.50 588482.50 31400.00 CZK Million [+]
Money Supply M1 4072294.19 4055116.60 4072294.19 699289.59 CZK Million [+]
Money Supply M2 4639954.01 4592288.96 4639954.01 1326829.94 CZK Million [+]
Foreign Exchange Reserves 143348.90 144672.80 152085.37 545.00 USD Million [+]
Banks Balance Sheet 8063989.30 7920520.50 8063989.30 1097835.00 CZK Million [+]
Loans to Private Sector 1128697.70 1115050.20 1132159.30 425332.80 CZK Million [+]
Deposit Interest Rate 1.00 1.00 13.00 0.05 percent [+]
Lending Rate 3.00 3.00 50.00 0.25 percent [+]
Private Debt to GDP 138.40 138.80 148.30 120.70 percent [+]
Money Supply M3 4772058.40 4732620.30 4772058.40 1339928.85 CZK Million [+]
Cash Reserve Ratio 2.00 2.00 11.50 2.00 percent [+]
Central Bank Balance Sheet 3358726.80 3313119.20 3382429.60 622724.60 CZK Million [+]


Czech Republic Interest Rate

In Czech Republic benchmark interest rate is set by the Czech National Bank (Ceská Národní Bank CNB). The official interest rate is the two-week repo rate, a rate at which commercial banks are allowed to place excess funds at the end of the day with the Central Bank. This page provides the latest reported value for - Czech Republic Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 39.00 0.05 1995 - 2019 percent Daily




Country Last Previous
Argentina 68.00 Oct/19
Turkey 16.50 Sep/19
Mexico 7.75 Sep/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
Indonesia 5.25 Sep/19
India 5.15 Oct/19
China 4.20 Oct/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.72 Sep/19
South Korea 1.25 Oct/19
Australia 0.75 Oct/19
United Kingdom 0.75 Sep/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19


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