Central Bank RatesMexico policy rate in 2023 (2 changes)
Start of year10.50%
End of year11.25%Dec 31, 2023
Net change+75 bp2 hikes, 0 cuts
Average11.134%
Rank by level5 / 38
Changes in 2023
| Date | From | To | Change |
|---|---|---|---|
| Feb 10, 2023 | 10.50% | 11.00% | hike +50 bp |
| Mar 31, 2023 | 11.00% | 11.25% | 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
6.5%
7%
10%
11.25%
10.5%
5.5%
4.25%
7.25%
8.25%
7.25%
5.75%
3.25%
3%
3.5%
4.5%
4.5%
4.5%
4.5%
8.25%
7.57%
7.02%
8.27%
8.75%
6.12%
8.25%
8.04%
18.79%
2023: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.