Colombia policy rate in 2008 (3 changes)

Start of year9.50%

End of year9.50%Dec 31, 2008

Net change+0 bp2 hikes, 1 cuts

Average9.806%

Rank by level9 / 38

Changes in 2008

Date	From	To	Change
Feb 25, 2008	9.50%	9.75%	hike +25 bp
Jul 28, 2008	9.75%	10.00%	hike +25 bp
Dec 22, 2008	10.00%	9.50%	cut -50 bp

Compared with other areas at the end of 2008

Iceland18%

Serbia17.75%

Türkiye15%

Brazil13.75%

Russia13%

South Africa11.5%

Romania10.25%

Hungary10%

Colombia9.5%

Indonesia9.25%

Mexico8.25%

Chile8.25%

North Macedonia7%

Peru6.5%

India6.5%

Philippines5.5%

China5.31%

Poland5%

New Zealand5%

Australia4.25%

Kuwait3.75%

Denmark3.75%

Morocco3.5%

Malaysia3.25%

Norway3%

South Korea3%

Thailand2.75%

Euro area2.5%

Saudi Arabia2.5%

Israel2.5%

Czechia2.25%

Sweden2%

United Kingdom2%

Canada1.5%

Hong Kong0.5%

Switzerland0.5%

United States0.125%

Japan0.1%

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%

← 2007 2009 →

2008: hikes and cuts worldwide →

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