Central Bank RatesSerbia policy rate in 2020 (4 changes)
Start of year2.25%
End of year1.00%Dec 31, 2020
Net change-125 bp0 hikes, 4 cuts
Average1.51%
Rank by level17 / 38
Changes in 2020
| Date | From | To | Change |
|---|---|---|---|
| Mar 12, 2020 | 2.25% | 1.75% | cut -50 bp |
| Apr 9, 2020 | 1.75% | 1.50% | cut -25 bp |
| Jun 11, 2020 | 1.50% | 1.25% | cut -25 bp |
| Dec 10, 2020 | 1.25% | 1.00% | 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
5.75%
5.75%
5.75%
6.5%
5%
1%
1%
2.25%
3%
3.5%
4%
4.5%
8%
9.5%
11.25%
9.75%
11.5%
9.5%
17.75%
10%
14%
8.5%
8.5%
9%
9.5%
16.43%
26.34%
2020: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.