Central Bank RatesSweden: central bank policy rate
Last updated:
Policy rate1.75%Oct 6, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceOct 1, 2025cut -25 bp
1 year ago1.75%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Oct 1, 2025 | 2.00% | 1.75% | cut -25 bp |
| Jun 25, 2025 | 2.25% | 2.00% | cut -25 bp |
| Feb 5, 2025 | 2.50% | 2.25% | cut -25 bp |
| Jan 8, 2025 | 2.75% | 2.50% | cut -25 bp |
| Nov 13, 2024 | 3.25% | 2.75% | cut -50 bp |
| Oct 2, 2024 | 3.50% | 3.25% | cut -25 bp |
| Aug 21, 2024 | 3.75% | 3.50% | cut -25 bp |
| May 15, 2024 | 4.00% | 3.75% | cut -25 bp |
| Sep 27, 2023 | 3.75% | 4.00% | hike +25 bp |
| Jul 5, 2023 | 3.50% | 3.75% | hike +25 bp |
| May 3, 2023 | 3.00% | 3.50% | hike +50 bp |
| Feb 15, 2023 | 2.50% | 3.00% | hike +50 bp |
| Nov 30, 2022 | 1.75% | 2.50% | hike +75 bp |
| Sep 21, 2022 | 0.75% | 1.75% | hike +100 bp |
| Jul 6, 2022 | 0.25% | 0.75% | hike +50 bp |
| May 4, 2022 | 0.00% | 0.25% | hike +25 bp |
| Jan 8, 2020 | -0.25% | 0.00% | hike +25 bp |
| Jan 9, 2019 | -0.50% | -0.25% | hike +25 bp |
| Feb 17, 2016 | -0.35% | -0.50% | cut -15 bp |
| Jul 8, 2015 | -0.25% | -0.35% | cut -10 bp |
| Mar 25, 2015 | -0.10% | -0.25% | cut -15 bp |
| Feb 18, 2015 | 0.00% | -0.10% | cut -10 bp |
| Oct 29, 2014 | 0.25% | 0.00% | cut -25 bp |
| Jul 9, 2014 | 0.75% | 0.25% | cut -50 bp |
| Dec 18, 2013 | 1.00% | 0.75% | cut -25 bp |
| Dec 19, 2012 | 1.25% | 1.00% | cut -25 bp |
| Sep 12, 2012 | 1.50% | 1.25% | cut -25 bp |
| Feb 22, 2012 | 1.75% | 1.50% | cut -25 bp |
| Dec 21, 2011 | 2.00% | 1.75% | cut -25 bp |
| Jul 6, 2011 | 1.75% | 2.00% | hike +25 bp |
| Apr 27, 2011 | 1.50% | 1.75% | hike +25 bp |
| Feb 16, 2011 | 1.25% | 1.50% | hike +25 bp |
| Dec 22, 2010 | 1.00% | 1.25% | hike +25 bp |
| Oct 27, 2010 | 0.75% | 1.00% | hike +25 bp |
| Sep 8, 2010 | 0.50% | 0.75% | hike +25 bp |
| Jul 7, 2010 | 0.25% | 0.50% | hike +25 bp |
| Jul 8, 2009 | 0.50% | 0.25% | cut -25 bp |
| Apr 22, 2009 | 1.00% | 0.50% | cut -50 bp |
| Feb 18, 2009 | 2.00% | 1.00% | cut -100 bp |
| Dec 10, 2008 | 3.75% | 2.00% | cut -175 bp |
| Oct 29, 2008 | 4.25% | 3.75% | cut -50 bp |
| Oct 15, 2008 | 4.75% | 4.25% | cut -50 bp |
| Sep 10, 2008 | 4.50% | 4.75% | hike +25 bp |
| Jul 9, 2008 | 4.25% | 4.50% | hike +25 bp |
| Feb 20, 2008 | 4.00% | 4.25% | hike +25 bp |
| Oct 31, 2007 | 3.75% | 4.00% | hike +25 bp |
| Sep 12, 2007 | 3.50% | 3.75% | hike +25 bp |
| Jun 27, 2007 | 3.25% | 3.50% | hike +25 bp |
| Feb 21, 2007 | 3.00% | 3.25% | hike +25 bp |
| Dec 20, 2006 | 2.75% | 3.00% | hike +25 bp |
| Nov 1, 2006 | 2.50% | 2.75% | hike +25 bp |
| Sep 6, 2006 | 2.25% | 2.50% | hike +25 bp |
| Jun 21, 2006 | 2.00% | 2.25% | hike +25 bp |
| Mar 1, 2006 | 1.75% | 2.00% | hike +25 bp |
| Jan 25, 2006 | 1.50% | 1.75% | hike +25 bp |
| Jun 22, 2005 | 2.00% | 1.50% | cut -50 bp |
| Apr 7, 2004 | 2.50% | 2.00% | cut -50 bp |
| Feb 11, 2004 | 2.75% | 2.50% | cut -25 bp |
| Jul 9, 2003 | 3.00% | 2.75% | cut -25 bp |
| Jun 11, 2003 | 3.50% | 3.00% | cut -50 bp |
| Mar 19, 2003 | 3.75% | 3.50% | cut -25 bp |
| Dec 11, 2002 | 4.00% | 3.75% | cut -25 bp |
| Nov 20, 2002 | 4.25% | 4.00% | cut -25 bp |
| May 2, 2002 | 4.00% | 4.25% | hike +25 bp |
| Mar 20, 2002 | 3.75% | 4.00% | hike +25 bp |
| Sep 19, 2001 | 4.25% | 3.75% | cut -50 bp |
| Jul 11, 2001 | 4.00% | 4.25% | hike +25 bp |
| Dec 13, 2000 | 3.75% | 4.00% | hike +25 bp |
| Feb 9, 2000 | 3.25% | 3.75% | hike +50 bp |
Which rate is shown (BIS notes, in English)
From 1 Jun 1994 onwards: Central Bank fixed repo/reversed repo rate; from 30 Jan 1987 to 31 May 1994: marginal rate; from 1 Jan 1946 to 29 Jan 1987: discount rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Sweden is 1.75% (BIS data as of Oct 6, 2026).