Serbia Interest Rate  2006-2016 | Data | Chart | Calendar | Forecast

The central bank of Serbia left its key policy rate unchanged at record low of 4.0 percent on September 8th, as widely expected, citing the international uncertainty in commodity and financial markets and their impact on inflation and capital flows. However, policymakers noted stronger resilience of the Serbian economy to external shocks as a result of consistent implementation of fiscal consolidation measures and structural reforms. Also, the Executive Board assessed the return of year-on-year inflation within the target tolerance band in the first half of next year and will be led primarily by the low-base effect of petroleum product prices and the gradual increase in aggregate demand at home and inflation abroad. Interest Rate in Serbia averaged 10.41 percent from 2006 until 2016, reaching an all time high of 18 percent in October of 2006 and a record low of 4 percent in July of 2016. Interest Rate in Serbia is reported by the National Bank of Serbia.

Serbia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 18.00 4.00 2006 - 2016 percent Daily
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. Serbia Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-07 10:35 AM Interest Rate Decision 4% 4.25% 4.25% 4.25%
2016-08-11 10:00 AM Interest Rate Decision 4% 4% 4% 4%
2016-09-08 10:00 AM Interest Rate Decision 4% 4% 4% 4%
2016-10-13 10:00 AM Interest Rate Decision 4% 4%
2016-11-10 11:00 AM Interest Rate Decision 4%
2016-12-08 11:00 AM Interest Rate Decision 4%

Serbia Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 18.00 4.00 percent [+]
Money Supply M0 139325.00 146628.00 146628.00 16056.00 RSD Million [+]
Foreign Exchange Reserves 9584.00 9605.70 12058.20 2682.00 EUR Million [+]
Deposit Interest Rate 2.50 2.50 15.25 2.50 percent [+]
Money Supply M1 543151.00 536558.00 543151.00 43647.00 RSD Million [+]
Money Supply M2 709055.00 698157.00 709055.00 52024.00 RSD Million [+]
Money Supply M3 2055146.00 2034597.00 2055146.00 86158.00 RSD Million [+]
Interbank Rate 3.54 3.51 19.18 3.26 percent [+]
Lending Rate 5.50 5.50 25.26 5.50 percent [+]
Loans To Private Sector 991786.00 995956.00 1152545.00 187458.00 SRB Million [+]




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