Central Bank RatesDenmark policy rate in 2023 (6 changes)
Start of year1.75%
End of year3.60%Dec 29, 2023
Net change+185 bp6 hikes, 0 cuts
Average2.944%
Rank by level31 / 38
Changes in 2023
| Date | From | To | Change |
|---|---|---|---|
| Feb 3, 2023 | 1.75% | 2.10% | hike +35 bp |
| Mar 17, 2023 | 2.10% | 2.60% | hike +50 bp |
| May 8, 2023 | 2.60% | 2.85% | hike +25 bp |
| Jun 16, 2023 | 2.85% | 3.10% | hike +25 bp |
| Jul 28, 2023 | 3.10% | 3.35% | hike +25 bp |
| Sep 15, 2023 | 3.35% | 3.60% | hike +25 bp |
Compared with other areas at the end of 2023
42.5%
16%
13%
11.75%
11.25%
10.75%
9.25%
8.25%
8.25%
7%
6.75%
6.75%
6.5%
6.5%
6.5%
6.3%
6%
6%
5.75%
5.75%
5.5%
5.375%
5.25%
5%
4.75%
4.5%
4.5%
4.35%
4.25%
4%
3.6%
3.5%
3.45%
3%
3%
2.5%
1.75%
-0.1%
Year-end rate over time
2.1%
1.6%
2.6%
3.6%
1.75%
-0.6%
-0.6%
-0.75%
-0.65%
-0.65%
-0.65%
-0.75%
-0.05%
-0.1%
-0.2%
0.3%
0.7%
0.95%
3.75%
4.25%
3.75%
2.4%
2.15%
2.15%
2.95%
3.6%
5.4%
2023: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.