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Canada: Short-term interest rate

Percent · 1934–2025 · 92 observations · forecasts to 2026 · strate

2025
2.58%percent
Change on 2024
−1.9 pointsfrom 4.49%
Average, 2016–2025
2.02%10 years
Record high and low
17.7% (1981)low 0.209% (2021)

Short-term interest rate

Report error
0%5%10%15%20%19401960198020002020CanadaCanada
ForecastPercent

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
20262.82Forecast
20252.58
20244.49
20235.02
20222.56
20210.209
20200.635
20191.89
20181.79
20170.517
20160.50

Sources

  • Statistics Canada1934–1977
  • Jordà-Schularick-Taylor1934–2020
  • Fortin-Gagnon et al.1935–2025
  • Bordo1936–1997
  • IMF International Financial Statistics1950–2017
  • OECD Main Economic Indicators (archive)1955–1984
  • OECD Key Economic Indicators1956–2025
  • OECD Economic Outlook1960–2025
  • 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 →

Short-term interest 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