The benchmark interest rate in Spain is set by the European Central Bank. source: European Central Bank

Interest Rate in Euro Area averaged 1.76 percent from 1998 until 2021, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. The benchmark interest rate in Spain is set by the European Central Bank.European Central Bank. 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 July 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.

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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 1262178.00 1245542.00 1262178.00 88382.00 EUR Million [+]
Interbank Rate -0.38 -0.38 15.75 -0.40 percent [+]
Money Supply M2 1386892.00 1373828.00 1386892.00 294870.00 EUR Million [+]
Money Supply M3 1429019.00 1416431.00 1429019.00 413023.00 EUR Million [+]
Foreign Exchange Reserves 66865.82 66238.35 71310.70 323.95 EUR Million [+]
Banks Balance Sheet 2925.70 2921.50 3733.00 439.60 EUR Billion [+]
Loans to Private Sector 464930.00 468510.00 952604.00 105781.00 EUR Million [+]
Loan Growth 6.50 7.80 19.70 -2.10 percent [+]
Private Debt to GDP 212.00 190.00 276.10 128.90 percent [+]
Central Bank Balance Sheet 1095413.00 1079159.00 1095413.00 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.