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Japan: Short-term interest rate

Percent · 1879–2025 · 135 observations · forecasts to 2026 · strate

2025
0.814%percent
Change on 2024
+0.5 pointsfrom 0.312%
Average, 2016–2025
0.11%10 years
Record high and low
11.5% (1900)low −0.228% (2016)

Short-term interest rate

Report error
-2%0%2%4%6%8%10%12%18801900192019401960198020002020JapanJapan
ForecastPercent

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

Recent values

Percent

YearValue
20261.32Forecast
20250.814
20240.312
20230.0728
20220.0635
20210.0658
20200.0717
20190.068
20180.069
2017-0.208
2016-0.228

Sources

  • Jordà-Schularick-Taylor1879–2020
  • Bordo1880–1997
  • Ellison, Lee & O'Rourke1925–1936
  • IMF International Financial Statistics1955–2017
  • OECD Economic Outlook1969–2025
  • OECD Main Economic Indicators (archive)1972–1984
  • Bank of Japan1999–2017
  • Asian Development Bank2000–2025
  • Asian Development Bank (archive)2003–2024
  • OECD Key Economic Indicators2003–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Japan documentation (PDF)

More for Japan

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

Short-term interest rate elsewhere

United StatesChinaGermanyUnited KingdomFranceIndia

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