Central Bank RatesDenmark policy rate in 2024 (4 changes)
Start of year3.60%
End of year2.60%Dec 30, 2024
Net change-100 bp0 hikes, 4 cuts
Average3.324%
Rank by level34 / 38
Changes in 2024
| Date | From | To | Change |
|---|---|---|---|
| Jun 7, 2024 | 3.60% | 3.35% | cut -25 bp |
| Sep 13, 2024 | 3.35% | 3.10% | cut -25 bp |
| Oct 18, 2024 | 3.10% | 2.85% | cut -25 bp |
| Dec 13, 2024 | 2.85% | 2.60% | cut -25 bp |
Compared with other areas at the end of 2024
47.5%
21%
12.25%
10%
9.5%
8.5%
7.75%
6.5%
6.5%
6.5%
6%
5.75%
5.75%
5.75%
5.55%
5%
5%
5%
4.75%
4.75%
4.5%
4.5%
4.375%
4.35%
4.25%
4%
4%
3.25%
3.1%
3%
3%
3%
2.75%
2.6%
2.5%
2.25%
0.5%
0.25%
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%
2024: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.