Colombia policy rate in 2002 (5 changes)

Start of year8.50%

End of year5.25%Dec 31, 2002

Net change-325 bp0 hikes, 5 cuts

Average6.138%

Rank by level17 / 34

Changes in 2002

Date	From	To	Change
Jan 21, 2002	8.50%	8.00%	cut -50 bp
Mar 18, 2002	8.00%	7.25%	cut -75 bp
Apr 15, 2002	7.25%	6.25%	cut -100 bp
May 20, 2002	6.25%	5.75%	cut -50 bp
Jun 17, 2002	5.75%	5.25%	cut -50 bp

Compared with other areas at the end of 2002

Türkiye44%

Brazil25%

Russia21%

North Macedonia15.22%

South Africa13.5%

Serbia9.5%

Israel8.9%

Hungary8.5%

Mexico8.25%

India7.5%

Philippines7%

Poland6.75%

Norway6.5%

New Zealand5.75%

Iceland5.63%

China5.31%

Colombia5.25%

Malaysia5%

Australia4.75%

South Korea4.25%

United Kingdom4%

Sweden3.75%

Morocco3.25%

Kuwait3.25%

Chile3%

Denmark2.95%

Euro area2.75%

Hong Kong2.75%

Czechia2.75%

Canada2.75%

Saudi Arabia2%

Thailand1.75%

United States1.25%

Switzerland0.75%

Year-end rate over time

202612.25%

20259.25%

20249.5%

202313%

202212%

20213%

20201.75%

20194.25%

20184.25%

20174.75%

20167.5%

20155.75%

20144.5%

20133.25%

20124.25%

20114.75%

20103%

20093.5%

20089.5%

20079.5%

20067.5%

20056%

20046.5%

20037.25%

20025.25%

20018.5%

200012%

← 2001 2003 →

2002: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.