The benchmark interest rate in Belarus was last recorded at 9.50 percent. Interest Rate in Belarus averaged 42.64 percent from 1991 until 2024, reaching an all time high of 480.00 percent in November of 1994 and a record low of 7.75 percent in June of 2020. source: National Bank of the Republic of Belarus

Interest Rate in Belarus is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Interest Rate is projected to trend around 7.00 percent in 2025, according to our econometric models.

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Belarus Interest Rate


Calendar GMT Reference Actual Previous Consensus TEForecast
2021-03-12 09:00 AM
Interest Rate Decision
7.75% 7.75% 7.75%
2022-02-28 08:10 AM
Interest Rate Decision
12% 9.25%
2023-01-18 09:05 AM
Interest Rate Decision
11.5% 12%


Related Last Previous Unit Reference
Interest Rate 9.50 9.50 percent Jan 2024
Money Supply M1 21838.00 24504.00 BYN Million Jan 2024
Money Supply M0 9397.00 9475.00 BYN Million Jan 2024
Money Supply M2 38285.00 40238.00 BYN Million Jan 2024
Money Supply M3 73138.00 75669.00 BYN Million Jan 2024
Foreign Exchange Reserves 8093.50 8127.40 USD Million Jan 2024
Deposit Interest Rate 9.72 9.72 percent Jan 2024
Cash Reserve Ratio 4.00 4.00 percent Feb 2024
Lending Rate 10.50 10.50 percent Jan 2024
Banks Balance Sheet 88403340.00 86886591.00 BYN Thousand Sep 2021

Belarus Interest Rate
In Belarus, interest rate decisions are taken by the National Bank of the Republic of Belarus. The official interest rate is the refinancing rate.
Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.50 480.00 7.75 1991 - 2024 percent Daily