Colombia policy rate in 2022 (8 changes)

Start of year3.00%

End of year12.00%Dec 31, 2022

Net change+900 bp8 hikes, 0 cuts

Average7.193%

Rank by level3 / 38

Changes in 2022

Date	From	To	Change
Jan 31, 2022	3.00%	4.00%	hike +100 bp
Apr 1, 2022	4.00%	5.00%	hike +100 bp
May 1, 2022	5.00%	6.00%	hike +100 bp
Jul 1, 2022	6.00%	7.50%	hike +150 bp
Aug 1, 2022	7.50%	9.00%	hike +150 bp
Sep 30, 2022	9.00%	10.00%	hike +100 bp
Oct 31, 2022	10.00%	11.00%	hike +100 bp
Dec 17, 2022	11.00%	12.00%	hike +100 bp

Compared with other areas at the end of 2022

Brazil13.75%

Hungary13%

Colombia12%

Chile11.25%

Mexico10.5%

Türkiye9%

Russia7.5%

Peru7.5%

South Africa7%

Czechia7%

Romania6.75%

Poland6.75%

India6.25%

Iceland6%

Philippines5.5%

Indonesia5.5%

Saudi Arabia5%

Serbia5%

North Macedonia4.75%

Hong Kong4.75%

United States4.375%

New Zealand4.25%

Canada4.25%

China3.65%

Kuwait3.5%

United Kingdom3.5%

South Korea3.25%

Israel3.25%

Australia3.1%

Norway2.75%

Malaysia2.75%

Euro area2.5%

Sweden2.5%

Morocco2.5%

Denmark1.75%

Thailand1.25%

Switzerland1%

Japan-0.1%

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%

← 2021 2023 →

2022: hikes and cuts worldwide →

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