Central Bank RatesPhilippines policy rate in 2020 (5 changes)
Start of year4.00%
End of year2.00%Dec 29, 2020
Net change-200 bp0 hikes, 5 cuts
Average2.755%
Rank by level8 / 38
Changes in 2020
| Date | From | To | Change |
|---|---|---|---|
| Feb 7, 2020 | 4.00% | 3.75% | cut -25 bp |
| Mar 20, 2020 | 3.75% | 3.25% | cut -50 bp |
| Apr 17, 2020 | 3.25% | 2.75% | cut -50 bp |
| Jun 26, 2020 | 2.75% | 2.25% | cut -50 bp |
| Nov 20, 2020 | 2.25% | 2.00% | cut -25 bp |
Compared with other areas at the end of 2020
17%
4.25%
4.25%
4%
3.85%
3.75%
3.5%
2%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.5%
1%
1%
0.75%
0.6%
0.5%
0.5%
0.5%
0.5%
0.25%
0.25%
0.25%
0.25%
0.125%
0.1%
0.1%
0.1%
0.1%
0%
0%
0%
-0.1%
-0.6%
-0.75%
Year-end rate over time
5%
4.5%
5.75%
6.5%
5.5%
2%
2%
4%
4.75%
3%
3%
4%
4%
3.5%
3.5%
4.5%
4%
4%
5.5%
5.25%
7.5%
7.5%
6.75%
6.75%
7%
7.75%
13.5%
2020: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.