The benchmark interest rate in Spain is set by the European Central Bank. ECB policymakers agreed that Euro Area financing conditions had remained broadly stable since the last monetary policy meeting in March thanks to the central bank's decision to significantly increase the pace of net asset purchases under the PEPP, the account of April's meeting showed. However, members recalled that the monetary policy meeting in June would provide the next opportunity to conduct a thorough assessment of financing conditions and the inflation outlook, as they seemed especially concerned about the firming of the euro against the dollar. source: European Central Bank

Interest Rate in the Euro Area averaged 1.78 percent from 1998 until 2021, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides the latest reported value for - Spain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Interest Rate in Euro Area is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Euro Area to stand at 0.00 in 12 months time. In the long-term, the Euro Area Interest Rate is projected to trend around 0.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Spain Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 4.75 0.00 1998 - 2021 percent Daily

Spain Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 4.75 0.00 percent [+]
Money Supply M1 1239988.00 1229221.00 1240128.00 88382.00 EUR Million [+]
Interbank Rate -0.38 -0.38 15.75 -0.40 percent [+]
Money Supply M2 1374046.00 1362489.00 1381999.00 294870.00 EUR Million [+]
Money Supply M3 1416226.00 1403705.00 1416836.00 413023.00 EUR Million [+]
Foreign Exchange Reserves 65610.55 66593.06 71310.70 323.95 EUR Million [+]
Banks Balance Sheet 2861.40 2872.60 3733.00 439.60 EUR Billion [+]
Loans to Private Sector 470573.00 467762.00 952604.00 105781.00 EUR Million [+]
Loan Growth 7.90 7.30 19.70 -2.10 percent [+]
Private Debt to GDP 212.00 190.00 276.10 128.90 percent [+]
Central Bank Balance Sheet 1063358.00 1053536.00 1063358.00 13829.00 EUR Million [+]


Spain Interest Rate
Spain is a member of the European Union which has adopted the euro. Spain's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.