Central Bank RatesRussia policy rate in 2021 (7 changes)
Start of year4.25%
End of year8.50%Dec 31, 2021
Net change+425 bp7 hikes, 0 cuts
Average5.77%
Rank by level3 / 38
Changes in 2021
| Date | From | To | Change |
|---|---|---|---|
| Mar 22, 2021 | 4.25% | 4.50% | hike +25 bp |
| Apr 26, 2021 | 4.50% | 5.00% | hike +50 bp |
| Jun 15, 2021 | 5.00% | 5.50% | hike +50 bp |
| Jul 26, 2021 | 5.50% | 6.50% | hike +100 bp |
| Sep 13, 2021 | 6.50% | 6.75% | hike +25 bp |
| Oct 25, 2021 | 6.75% | 7.50% | hike +75 bp |
| Dec 20, 2021 | 7.50% | 8.50% | hike +100 bp |
Compared with other areas at the end of 2021
14%
9.25%
8.5%
5.5%
4%
4%
3.8%
3.75%
3.75%
3.5%
3%
2.5%
2.4%
2%
2%
1.75%
1.75%
1.75%
1.5%
1.5%
1.25%
1%
1%
1%
0.75%
0.5%
0.5%
0.5%
0.25%
0.25%
0.125%
0.1%
0.1%
0%
0%
-0.1%
-0.6%
-0.75%
Year-end rate over time
14%
16%
21%
16%
7.5%
8.5%
4.25%
6.25%
7.75%
7.75%
10%
11%
17%
5.5%
8.25%
8%
7.75%
8.75%
13%
10%
11%
12%
13%
16%
21%
25%
25%
- 2000
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
- 2026
2021: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.