The central bank of Serbia held its key policy rate steady at a record low of 1% on February 11th 2021, as expected, saying previously taken monetary and fiscal policy measures in order to mitigate the negative consequences of the pandemic and stimulate economic growth will continue to have a favorable effect. Serbia's annual inflation rate dropped to 1.3% in December and according to the bank's projections, it will continue to move closer to the lower half of the target 1.5%-4.5%. source: National Bank of Serbia
Interest Rate in Serbia averaged 8.02 percent from 2006 until 2021, reaching an all time high of 18 percent in October of 2006 and a record low of 1 percent in December of 2020. This page provides - Serbia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Interest Rate in Serbia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Serbia to stand at 1.00 in 12 months time. In the long-term, the Serbia Interest Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.