Colombia policy rate in 2016 (8 changes)

Start of year5.75%

End of year7.50%Dec 31, 2016

Net change+175 bp7 hikes, 1 cuts

Average7.095%

Rank by level4 / 38

Changes in 2016

Date	From	To	Change
Feb 1, 2016	5.75%	6.00%	hike +25 bp
Feb 22, 2016	6.00%	6.25%	hike +25 bp
Mar 22, 2016	6.25%	6.50%	hike +25 bp
May 2, 2016	6.50%	7.00%	hike +50 bp
May 31, 2016	7.00%	7.25%	hike +25 bp
Jun 23, 2016	7.25%	7.50%	hike +25 bp
Aug 1, 2016	7.50%	7.75%	hike +25 bp
Dec 19, 2016	7.75%	7.50%	cut -25 bp

Compared with other areas at the end of 2016

Brazil13.75%

Russia10%

Türkiye8%

Colombia7.5%

South Africa7%

India6.25%

Mexico5.75%

Iceland5%

Indonesia4.75%

China4.35%

Peru4.25%

Serbia4%

North Macedonia3.75%

Chile3.5%

Philippines3%

Malaysia3%

Kuwait2.5%

Morocco2.25%

Saudi Arabia2%

Romania1.75%

New Zealand1.75%

Thailand1.5%

Poland1.5%

Australia1.5%

South Korea1.25%

Hong Kong1%

Hungary0.9%

United States0.625%

Norway0.5%

Canada0.5%

United Kingdom0.25%

Israel0.1%

Czechia0.05%

Euro area0%

Japan-0.1%

Sweden-0.5%

Denmark-0.65%

Switzerland-0.75%

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%

← 2015 2017 →

2016: hikes and cuts worldwide →

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