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India: Short-term interest rate

Percent · 1930–2025 · 76 observations · forecasts to 2026 · strate

2025
5.78%percent
Change on 2024
−0.7 pointsfrom 6.50%
Average, 2016–2025
5.65%10 years
Record high and low
19.3% (1991)low 0.39% (1945)

Short-term interest rate

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

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

Recent values

Percent

YearValue
20265.50Forecast
20255.78
20246.50
20236.50
20225.57
20214.00
20204.03
20195.37
20186.33
20176.08
20166.38

Sources

  • Homer & Sylla1930–1954
  • Ellison, Lee & O'Rourke1932–1936
  • Bordo1971–1997
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • OECD Economic Outlook2001–2025
  • OECD Key Economic Indicators2012–2025
  • OECD Economic Outlook (forecast)2025–2027

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