Serbia Interest Rate

The benchmark interest rate in Serbia was last recorded at 9.50 percent. Interest Rate in Serbia is reported by the National Bank of Serbia. Interest Rate in Serbia averaged 11.64 Percent from 2006 until 2014, reaching an all time high of 18 Percent in October of 2006 and a record low of 8 Percent in May of 2010. 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. This page provides - Serbia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
9.50 9.50 18.00 8.00 9.50 | 2014/05 2006 - 2014 Percent Monthly

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Serbia Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-17 11:00 AM Serbia
Interest Rate Decision
9.5% 10% 9.75%
2014-01-16 11:30 AM Serbia
Interest Rate Decision
9.5% 9.5% 9.25% 9.5%
2014-03-06 11:30 AM Serbia
Interest Rate Decision
9.5% 9.5% 9.5%
2014-04-17 11:10 AM Serbia
Interest Rate Decision
9.5% 9.5% 9.5%
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Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 10428.30 2014-03-31 10831.80 12058.20 2682.00 10249.25 2014-06-30 EUR Million [+]
Money Supply M0 114558.00 2014-02-28 112044.00 122440.00 16056.00 116872.68 2014-06-30 RSD Million [+]
Interest Rate 9.50 2014-04-17 9.50 18.00 8.00 9.50 2014-05-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Serbia Interest Rate at 9.50 Percent  
The benchmark interest rate in Serbia was last recorded at 9.50 percent. Interest Rate in Serbia is reported by the National Bank of Serbia.
Serbia Employed Persons at 2394004.00  
The number of employed persons in Serbia increased to 2394004 in the third quarter of 2013 from 2227432 in the first quarter of 2013. Employed Persons in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Foreign Exchange Reserves at 10428.30 EUR Million  
Foreign Exchange Reserves in Serbia decreased to 10428.30 EUR Million in March of 2014 from 10831.80 EUR Million in February of 2014. Foreign Exchange Reserves in Serbia is reported by the National Bank of Serbia.
Serbia GDP Constant Prices at 781673.10 RSD Million  
GDP Constant Prices in Serbia increased to 781673.10 RSD Million in the fourth quarter of 2013 from 773779.40 RSD Million in the third quarter of 2013. GDP Constant Prices in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Unemployed Persons at 788.71 Thousand  
The number of unemployed persons in Serbia increased to 788.71 Thousand in January of 2014 from 769.55 Thousand in December of 2013. Unemployed Persons in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Wages at 44057.00 RSD  
Wages in Serbia increased to 44057 RSD in February of 2014 from 37966 RSD in January of 2014. Wages in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Current Account at -466.30 USD Million  
Serbia recorded a Current Account deficit of 466.30 USD Million in December of 2013. Current Account in Serbia is reported by the National Bank of Serbia.
Serbia Exports at 1193.70 USD Million  
Exports in Serbia increased to 1193.70 USD Million in February of 2014 from 998 USD Million in January of 2014. Exports in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Imports at 1649.40 USD Million  
Imports in Serbia increased to 1649.40 USD Million in February of 2014 from 1356 USD Million in January of 2014. Imports in Serbia is reported by the Statistical Office of the Republic of Serbia.
Serbia Consumer Price Index (CPI) at 179.10 Index Points  
Consumer Price Index (CPI) in Serbia decreased to 179.10 Index Points in March of 2014 from 179.70 Index Points in February of 2014. Consumer Price Index (CPI) in Serbia is reported by the Statistical Office of the Republic of Serbia.
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