Interest rates set by central banks reflect the cost of borrowing and are crucial for economic growth, inflation, and currency value. These rates vary widely across continents, reflecting local economic conditions and inflation concerns. Below is a global summary table of major central bank interest rates organized by region.
Global Interest Rates Table (Zone-Wise)
| Zone | Country | Interest Rate (%) |
|---|---|---|
| North America | Canada | 2.50 |
| United States | 5.50 | |
| Mexico | 7.75 | |
| Europe | Eurozone | 2.00 |
| United Kingdom | 6.25 | |
| Hungary | 6.50 | |
| Poland | 4.75 | |
| Asia | India | 5.50 |
| China | 3.10 | |
| Japan | 0.50 | |
| Malaysia | 2.75 | |
| Indonesia | 4.75 | |
| Africa | South Africa | 8.00 |
| Nigeria | 27.50 | |
| Kenya | 9.50 | |
| Egypt | 22.00 | |
| Ghana | 28.00 | |
| South America | Brazil | 15.00 |
| Argentina | 29.00 | |
| Chile | 4.75 | |
| Colombia | 9.25 | |
| Oceania | Australia | 3.60 |
| New Zealand | 3.00 | |
| Fiji | 0.25 |
These rates reflect the most recent central bank decisions as of early October 2025 and are subject to change. Countries with the highest rates—such as Argentina, Ghana, and Nigeria—highlight strong inflation pressures.
Key Observations
- North America and Europe have moderate rates, with the Eurozone particularly low to support economic recovery, while the US and UK maintain higher rates.
- Asia presents a wide range, from Japan’s ultra-low rate (stimulating the economy) to India and Indonesia’s higher rates (addressing inflation).
- Africa has some of the highest global rates, reflecting currency and inflation risks.
- South America also shows elevated rates, especially in Brazil and Argentina, signaling ongoing price pressures.
- Oceania features lower to moderate rates, with Australia and New Zealand more in line with global peers.
World Interest Rates
World interest rates change from country to country. Big economies like the US, UK, and Europe have lower or medium rates. Countries in Africa and South America have very high rates because of strong inflation. In Asia, Japan keeps rates almost zero, while India, Indonesia, and others keep them around 4–6%. Australia and New Zealand have moderate rates compared to others.