Home › By year

Policy rates worldwide in 2013: 17 hikes, 59 cuts

Areas38

Hikes17

Cuts59

Median at year end2.75%

Rate at year end

Brazil10%

Serbia9.5%

India7.75%

Indonesia7.5%

China6%

Russia5.5%

Iceland5.375%

South Africa5%

Türkiye4.5%

Chile4.5%

Romania4%

Peru4%

Philippines3.5%

Mexico3.5%

North Macedonia3.25%

Colombia3.25%

Malaysia3%

Morocco3%

Hungary3%

Poland2.5%

New Zealand2.5%

South Korea2.5%

Australia2.5%

Thailand2.25%

Saudi Arabia2%

Kuwait2%

Norway1.5%

Israel1%

Canada1%

Sweden0.75%

Hong Kong0.5%

United Kingdom0.5%

Euro area0.25%

United States0.125%

Switzerland0.125%

Japan0.05%

Czechia0.05%

Denmark-0.1%

Number of changes

Hungary12

North Macedonia7

Serbia7

Poland6

Brazil6

India5

Indonesia5

Romania4

Colombia3

Mexico3

Israel3

Türkiye2

Australia2

Euro area2

Thailand2

Chile2

Denmark1

South Korea1

Russia1

Peru1

Sweden1

All changes

Date	Country / region	From	To	Change
Jan 9, 2013	North Macedonia	3.73%	3.49%	cut -24 bp
Jan 10, 2013	Poland	4.25%	4.00%	cut -25 bp
Jan 17, 2013	Serbia	11.25%	11.50%	hike +25 bp
Jan 25, 2013	Denmark	-0.20%	-0.10%	hike +10 bp
Jan 29, 2013	Colombia	4.25%	4.00%	cut -25 bp
Jan 29, 2013	India	8.00%	7.75%	cut -25 bp
Jan 30, 2013	Hungary	5.75%	5.50%	cut -25 bp
Feb 5, 2013	Serbia	11.50%	11.75%	hike +25 bp
Feb 7, 2013	Poland	4.00%	3.75%	cut -25 bp
Feb 13, 2013	North Macedonia	3.49%	3.48%	cut -1 bp
Feb 25, 2013	Colombia	4.00%	3.75%	cut -25 bp
Feb 27, 2013	Hungary	5.50%	5.25%	cut -25 bp
Mar 7, 2013	Poland	3.75%	3.25%	cut -50 bp
Mar 8, 2013	Mexico	4.50%	4.00%	cut -50 bp
Mar 13, 2013	North Macedonia	3.48%	3.42%	cut -6 bp
Mar 19, 2013	India	7.75%	7.50%	cut -25 bp
Mar 26, 2013	Colombia	3.75%	3.25%	cut -50 bp
Mar 27, 2013	Hungary	5.25%	5.00%	cut -25 bp
Apr 10, 2013	North Macedonia	3.42%	3.38%	cut -4 bp
Apr 17, 2013	Türkiye	5.50%	5.00%	cut -50 bp
Apr 18, 2013	Brazil	7.25%	7.50%	hike +25 bp
Apr 24, 2013	Hungary	5.00%	4.75%	cut -25 bp
May 3, 2013	India	7.50%	7.25%	cut -25 bp
May 8, 2013	Australia	3.00%	2.75%	cut -25 bp
May 8, 2013	Euro area	0.75%	0.50%	cut -25 bp
May 9, 2013	South Korea	2.75%	2.50%	cut -25 bp
May 9, 2013	Poland	3.25%	3.00%	cut -25 bp
May 14, 2013	Serbia	11.75%	11.25%	cut -50 bp
May 15, 2013	North Macedonia	3.38%	3.37%	cut -1 bp
May 17, 2013	Israel	1.75%	1.50%	cut -25 bp
May 17, 2013	Türkiye	5.00%	4.50%	cut -50 bp
May 28, 2013	Thailand	2.75%	2.50%	cut -25 bp
May 29, 2013	Hungary	4.75%	4.50%	cut -25 bp
May 30, 2013	Brazil	7.50%	8.00%	hike +50 bp
May 30, 2013	Israel	1.50%	1.25%	cut -25 bp
Jun 6, 2013	Poland	3.00%	2.75%	cut -25 bp
Jun 6, 2013	Serbia	11.25%	11.00%	cut -25 bp
Jun 12, 2013	North Macedonia	3.37%	3.21%	cut -16 bp
Jun 13, 2013	Indonesia	5.75%	6.00%	hike +25 bp
Jun 26, 2013	Hungary	4.50%	4.25%	cut -25 bp
Jul 2, 2013	Romania	5.25%	5.00%	cut -25 bp
Jul 4, 2013	Poland	2.75%	2.50%	cut -25 bp
Jul 10, 2013	North Macedonia	3.21%	3.25%	hike +4 bp
Jul 11, 2013	Brazil	8.00%	8.50%	hike +50 bp
Jul 11, 2013	Indonesia	6.00%	6.50%	hike +50 bp
Jul 24, 2013	Hungary	4.25%	4.00%	cut -25 bp
Aug 6, 2013	Romania	5.00%	4.50%	cut -50 bp
Aug 7, 2013	Australia	2.75%	2.50%	cut -25 bp
Aug 28, 2013	Hungary	4.00%	3.80%	cut -20 bp
Aug 29, 2013	Brazil	8.50%	9.00%	hike +50 bp
Aug 29, 2013	Indonesia	6.50%	7.00%	hike +50 bp
Sep 6, 2013	Mexico	4.00%	3.75%	cut -25 bp
Sep 12, 2013	Indonesia	7.00%	7.25%	hike +25 bp
Sep 13, 2013	Russia	8.25%	5.50%	cut -275 bp
Sep 20, 2013	India	7.25%	7.50%	hike +25 bp
Sep 25, 2013	Hungary	3.80%	3.60%	cut -20 bp
Sep 27, 2013	Israel	1.25%	1.00%	cut -25 bp
Oct 1, 2013	Romania	4.50%	4.25%	cut -25 bp
Oct 10, 2013	Brazil	9.00%	9.50%	hike +50 bp
Oct 18, 2013	Chile	5.00%	4.75%	cut -25 bp
Oct 18, 2013	Serbia	11.00%	10.50%	cut -50 bp
Oct 25, 2013	Mexico	3.75%	3.50%	cut -25 bp
Oct 29, 2013	India	7.50%	7.75%	hike +25 bp
Oct 30, 2013	Hungary	3.60%	3.40%	cut -20 bp
Nov 6, 2013	Romania	4.25%	4.00%	cut -25 bp
Nov 7, 2013	Serbia	10.50%	10.00%	cut -50 bp
Nov 8, 2013	Peru	4.25%	4.00%	cut -25 bp
Nov 12, 2013	Indonesia	7.25%	7.50%	hike +25 bp
Nov 13, 2013	Euro area	0.50%	0.25%	cut -25 bp
Nov 20, 2013	Chile	4.75%	4.50%	cut -25 bp
Nov 27, 2013	Hungary	3.40%	3.20%	cut -20 bp
Nov 27, 2013	Thailand	2.50%	2.25%	cut -25 bp
Nov 28, 2013	Brazil	9.50%	10.00%	hike +50 bp
Dec 17, 2013	Serbia	10.00%	9.50%	cut -50 bp
Dec 18, 2013	Hungary	3.20%	3.00%	cut -20 bp
Dec 18, 2013	Sweden	1.00%	0.75%	cut -25 bp

Daily policy-rate data compiled by the BIS. Not investment advice.