Policy rates: Japan vs China

Japan1.25%

China3.00%

Difference+175 bp

Widest gap+6.97%2007-12

JapanChina

Gap at year end

2026+1.75%

2025+2.25%

2024+2.85%

2023+3.55%

2022+3.75%

2021+3.9%

2020+3.95%

2019+4.25%

2018+4.45%

2017+4.45%

2016+4.45%

2015+4.3%

2014+5.55%

2013+5.95%

2012+5.95%

2011+6.51%

2010+5.76%

2009+5.21%

2008+5.21%

2007+6.97%

2006+5.87%

2005+5.43%

2004+5.43%

2003+5.16%

2002+5.16%

2001+5.7%

2000+5.6%

Daily policy-rate data compiled by the BIS. Not investment advice. Compared at month ends.