Colombia policy rate in 2003 (2 changes)

Start of year5.25%

End of year7.25%Dec 31, 2003

Net change+200 bp2 hikes, 0 cuts

Average6.875%

Rank by level8 / 36

Changes in 2003

Date	From	To	Change
Jan 20, 2003	5.25%	6.25%	hike +100 bp
Apr 29, 2003	6.25%	7.25%	hike +100 bp

Compared with other areas at the end of 2003

Türkiye26%

Romania21.25%

Brazil16.5%

Russia16%

Hungary12.5%

Serbia9%

South Africa8%

Colombia7.25%

India7%

Philippines6.75%

North Macedonia6.65%

Mexico6.12%

China5.31%

Poland5.25%

Australia5.25%

Israel5.2%

Iceland5.16%

New Zealand5%

Malaysia4.5%

South Korea3.75%

United Kingdom3.75%

Morocco3.25%

Kuwait3.25%

Sweden2.75%

Canada2.75%

Peru2.5%

Hong Kong2.5%

Norway2.25%

Chile2.25%

Denmark2.15%

Euro area2%

Czechia2%

Saudi Arabia1.75%

Thailand1.25%

United States1%

Switzerland0.375%

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%

← 2002 2004 →

2003: hikes and cuts worldwide →

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