Poland interest ratePoland interest ratePoland interest rate

Poland interest rate

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Key data points


Last release
Observation period
Nov 2024
Next release
Forecast
Highest
24.00% on Apr 1, 1998
Lowest
0.10% on Sep 8, 2021

About Poland interest rate


Category
Money
Frequency
Monthly
Units
%
In Poland interest rates decisions are taken by the National Bank of Poland (Narodowy Bank Polski, NBP). The official interest rate is the Reference Rate.

Frequently Asked Questions


Poland interest rate is 5.75% at the moment.
Last month Poland interest rate was 5.75%, and the month before that it amounted to 5.75%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.