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Serbia Interest Rate
Last Release
Feb 13, 2025
Actual
5.75
Units In
%
Previous
5.75
Frequency
Daily
Next Release
Mar 13, 2025
Time to Release
26 Days 13 Hours
Highest | Lowest | Average | Date Range | Source |
18 Sep 2006 | 1 Dec 2020 | 7.19 % | 2006-2025 | National Bank of Serbia |
In Serbia, interest rate decisions are taken by the Executive Board of the National Bank of Serbia. The official interest rate is the key policy rate.
Latest Updates
The National Bank of Serbia kept the benchmark interest rate unchanged at 5.75% in February 2025, along with deposit (4.5%) and lending facility rates (7.0%). The rate has been at this level since September 2024, following three 25-basis-point cuts in June, July, and September. Policymakers said that despite inflation stabilizing at 4.3% in December, global risks like geopolitical tensions and trade protectionism require cautious monetary policy. Meanwhile, Serbia's GDP grew 3.9% in 2024, supported by industry, services, and infrastructure projects. Looking ahead, the bank expects inflation to stay within target, slowing mid-2025.
Serbia Interest Rate History
Last 12 readings
