Colombia policy rate in 2021 (3 changes)

Start of year1.75%

End of year3.00%Dec 31, 2021

Net change+125 bp3 hikes, 0 cuts

Average1.915%

Rank by level11 / 38

Changes in 2021

Date	From	To	Change
Oct 1, 2021	1.75%	2.00%	hike +25 bp
Nov 2, 2021	2.00%	2.50%	hike +50 bp
Dec 18, 2021	2.50%	3.00%	hike +50 bp

Compared with other areas at the end of 2021

Türkiye14%

Brazil9.25%

Russia8.5%

Mexico5.5%

India4%

Chile4%

China3.8%

South Africa3.75%

Czechia3.75%

Indonesia3.5%

Colombia3%

Peru2.5%

Hungary2.4%

Philippines2%

Iceland2%

Romania1.75%

Poland1.75%

Malaysia1.75%

Morocco1.5%

Kuwait1.5%

North Macedonia1.25%

Saudi Arabia1%

Serbia1%

South Korea1%

New Zealand0.75%

Thailand0.5%

Norway0.5%

Hong Kong0.5%

United Kingdom0.25%

Canada0.25%

United States0.125%

Israel0.1%

Australia0.1%

Euro area0%

Sweden0%

Japan-0.1%

Denmark-0.6%

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%

← 2020 2022 →

2021: hikes and cuts worldwide →

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