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Canada: Central bank policy rate

Percent · 1950–2025 · 76 observations · forecasts to 2026 · cbrate

2025
2.25%percent
Change on 2024
−1.0 pointsfrom 3.25%
Average, 2016–2025
2.03%10 years
Record high and low
17.3% (1980)low 0.25% (2009)

Central bank policy rate

Report error
0%5%10%15%20%19501960197019801990200020102020CanadaCanada
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20262.75Forecast
20252.25
20243.25
20235.00
20224.25
20210.25
20200.25
20191.75
20181.75
20171.00
20160.50

Sources

  • Grimm1950–2023
  • IMF International Financial Statistics1950–2024
  • OECD Main Economic Indicators (archive)1955–1971
  • Bank for International Settlements1960–2025
  • OECD Economic Outlook1996–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Canada documentation (PDF)

More for Canada

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central bank policy rate elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms