Central Bank RatesChile policy rate in 2023 (4 changes)
Start of year11.25%
End of year8.25%Dec 29, 2023
Net change-300 bp0 hikes, 4 cuts
Average10.50%
Rank by level9 / 38
Changes in 2023
| Date | From | To | Change |
|---|---|---|---|
| Jul 31, 2023 | 11.25% | 10.25% | cut -100 bp |
| Sep 6, 2023 | 10.25% | 9.50% | cut -75 bp |
| Oct 30, 2023 | 9.50% | 9.00% | cut -50 bp |
| Dec 20, 2023 | 9.00% | 8.25% | cut -75 bp |
Compared with other areas at the end of 2023
42.5%
16%
13%
11.75%
11.25%
10.75%
9.25%
8.25%
8.25%
7%
6.75%
6.75%
6.5%
6.5%
6.5%
6.3%
6%
6%
5.75%
5.75%
5.5%
5.375%
5.25%
5%
4.75%
4.5%
4.5%
4.35%
4.25%
4%
3.6%
3.5%
3.45%
3%
3%
2.5%
1.75%
-0.1%
Year-end rate over time
4.5%
4.5%
5%
8.25%
11.25%
4%
0.5%
1.75%
2.75%
2.5%
3.5%
3.5%
3%
4.5%
5%
5.25%
3.25%
0.5%
8.25%
6%
5.25%
4.5%
2.25%
2.25%
3%
6.5%
5%
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
2023: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.