Data / Central bank policy rate / China

Central bank policy rate in China

Central bank policy rate in China was 3% in September 2026, according to Bank for International Settlements. That is unchanged from September 2025. That is the 26th highest of 36 countries in July 2026.

September 20263%
Change on September 20250 pts
Rank26th of 36Countries ranked
Series high12.06January 1996
Series low3May 2025

Central bank policy rate in China, January 1996 to September 2026

CSVChart (SVG)

24681012141996-012000-062004-112009-042013-092018-022022-072026-091996-01: 12.06 %1996-02: 12.06 %1996-03: 12.06 %1996-04: 12.06 %1996-05: 10.98 %1996-06: 10.98 %1996-07: 10.98 %1996-08: 10.08 %1996-09: 10.08 %1996-10: 10.08 %1996-11: 10.08 %1996-12: 10.08 %1997-01: 10.08 %1997-02: 10.08 %1997-03: 10.08 %1997-04: 10.08 %1997-05: 10.08 %1997-06: 10.08 %1997-07: 10.08 %1997-08: 10.08 %1997-09: 10.08 %1997-10: 8.64 %1997-11: 8.64 %1997-12: 8.64 %1998-01: 8.64 %1998-02: 8.64 %1998-03: 7.92 %1998-04: 7.92 %1998-05: 7.92 %1998-06: 7.92 %1998-07: 6.93 %1998-08: 6.93 %1998-09: 6.93 %1998-10: 6.93 %1998-11: 6.93 %1998-12: 6.39 %1999-01: 6.39 %1999-02: 6.39 %1999-03: 6.39 %1999-04: 6.39 %1999-05: 6.39 %1999-06: 5.85 %1999-07: 5.85 %1999-08: 5.85 %1999-09: 5.85 %1999-10: 5.85 %1999-11: 5.85 %1999-12: 5.85 %2000-01: 5.85 %2000-02: 5.85 %2000-03: 5.85 %2000-04: 5.85 %2000-05: 5.85 %2000-06: 5.85 %2000-07: 5.85 %2000-08: 5.85 %2000-09: 5.85 %2000-10: 5.85 %2000-11: 5.85 %2000-12: 5.85 %2001-01: 5.85 %2001-02: 5.85 %2001-03: 5.85 %2001-04: 5.85 %2001-05: 5.85 %2001-06: 5.85 %2001-07: 5.85 %2001-08: 5.85 %2001-09: 5.85 %2001-10: 5.85 %2001-11: 5.85 %2001-12: 5.85 %2002-01: 5.85 %2002-02: 5.31 %2002-03: 5.31 %2002-04: 5.31 %2002-05: 5.31 %2002-06: 5.31 %2002-07: 5.31 %2002-08: 5.31 %2002-09: 5.31 %2002-10: 5.31 %2002-11: 5.31 %2002-12: 5.31 %2003-01: 5.31 %2003-02: 5.31 %2003-03: 5.31 %2003-04: 5.31 %2003-05: 5.31 %2003-06: 5.31 %2003-07: 5.31 %2003-08: 5.31 %2003-09: 5.31 %2003-10: 5.31 %2003-11: 5.31 %2003-12: 5.31 %2004-01: 5.31 %2004-02: 5.31 %2004-03: 5.31 %2004-04: 5.31 %2004-05: 5.31 %2004-06: 5.31 %2004-07: 5.31 %2004-08: 5.31 %2004-09: 5.31 %2004-10: 5.58 %2004-11: 5.58 %2004-12: 5.58 %2005-01: 5.58 %2005-02: 5.58 %2005-03: 5.58 %2005-04: 5.58 %2005-05: 5.58 %2005-06: 5.58 %2005-07: 5.58 %2005-08: 5.58 %2005-09: 5.58 %2005-10: 5.58 %2005-11: 5.58 %2005-12: 5.58 %2006-01: 5.58 %2006-02: 5.58 %2006-03: 5.58 %2006-04: 5.85 %2006-05: 5.85 %2006-06: 5.85 %2006-07: 5.85 %2006-08: 6.12 %2006-09: 6.12 %2006-10: 6.12 %2006-11: 6.12 %2006-12: 6.12 %2007-01: 6.12 %2007-02: 6.12 %2007-03: 6.39 %2007-04: 6.39 %2007-05: 6.57 %2007-06: 6.57 %2007-07: 6.84 %2007-08: 7.02 %2007-09: 7.29 %2007-10: 7.29 %2007-11: 7.29 %2007-12: 7.47 %2008-01: 7.47 %2008-02: 7.47 %2008-03: 7.47 %2008-04: 7.47 %2008-05: 7.47 %2008-06: 7.47 %2008-07: 7.47 %2008-08: 7.47 %2008-09: 7.2 %2008-10: 6.66 %2008-11: 5.58 %2008-12: 5.31 %2009-01: 5.31 %2009-02: 5.31 %2009-03: 5.31 %2009-04: 5.31 %2009-05: 5.31 %2009-06: 5.31 %2009-07: 5.31 %2009-08: 5.31 %2009-09: 5.31 %2009-10: 5.31 %2009-11: 5.31 %2009-12: 5.31 %2010-01: 5.31 %2010-02: 5.31 %2010-03: 5.31 %2010-04: 5.31 %2010-05: 5.31 %2010-06: 5.31 %2010-07: 5.31 %2010-08: 5.31 %2010-09: 5.31 %2010-10: 5.56 %2010-11: 5.56 %2010-12: 5.81 %2011-01: 5.81 %2011-02: 6.06 %2011-03: 6.06 %2011-04: 6.31 %2011-05: 6.31 %2011-06: 6.31 %2011-07: 6.56 %2011-08: 6.56 %2011-09: 6.56 %2011-10: 6.56 %2011-11: 6.56 %2011-12: 6.56 %2012-01: 6.56 %2012-02: 6.56 %2012-03: 6.56 %2012-04: 6.56 %2012-05: 6.56 %2012-06: 6.31 %2012-07: 6 %2012-08: 6 %2012-09: 6 %2012-10: 6 %2012-11: 6 %2012-12: 6 %2013-01: 6 %2013-02: 6 %2013-03: 6 %2013-04: 6 %2013-05: 6 %2013-06: 6 %2013-07: 6 %2013-08: 6 %2013-09: 6 %2013-10: 6 %2013-11: 6 %2013-12: 6 %2014-01: 6 %2014-02: 6 %2014-03: 6 %2014-04: 6 %2014-05: 6 %2014-06: 6 %2014-07: 6 %2014-08: 6 %2014-09: 6 %2014-10: 6 %2014-11: 5.6 %2014-12: 5.6 %2015-01: 5.6 %2015-02: 5.6 %2015-03: 5.35 %2015-04: 5.35 %2015-05: 5.1 %2015-06: 4.85 %2015-07: 4.85 %2015-08: 4.6 %2015-09: 4.6 %2015-10: 4.35 %2015-11: 4.35 %2015-12: 4.35 %2016-01: 4.35 %2016-02: 4.35 %2016-03: 4.35 %2016-04: 4.35 %2016-05: 4.35 %2016-06: 4.35 %2016-07: 4.35 %2016-08: 4.35 %2016-09: 4.35 %2016-10: 4.35 %2016-11: 4.35 %2016-12: 4.35 %2017-01: 4.35 %2017-02: 4.35 %2017-03: 4.35 %2017-04: 4.35 %2017-05: 4.35 %2017-06: 4.35 %2017-07: 4.35 %2017-08: 4.35 %2017-09: 4.35 %2017-10: 4.35 %2017-11: 4.35 %2017-12: 4.35 %2018-01: 4.35 %2018-02: 4.35 %2018-03: 4.35 %2018-04: 4.35 %2018-05: 4.35 %2018-06: 4.35 %2018-07: 4.35 %2018-08: 4.35 %2018-09: 4.35 %2018-10: 4.35 %2018-11: 4.35 %2018-12: 4.35 %2019-01: 4.35 %2019-02: 4.35 %2019-03: 4.35 %2019-04: 4.35 %2019-05: 4.35 %2019-06: 4.35 %2019-07: 4.35 %2019-08: 4.25 %2019-09: 4.2 %2019-10: 4.2 %2019-11: 4.15 %2019-12: 4.15 %2020-01: 4.15 %2020-02: 4.05 %2020-03: 4.05 %2020-04: 3.85 %2020-05: 3.85 %2020-06: 3.85 %2020-07: 3.85 %2020-08: 3.85 %2020-09: 3.85 %2020-10: 3.85 %2020-11: 3.85 %2020-12: 3.85 %2021-01: 3.85 %2021-02: 3.85 %2021-03: 3.85 %2021-04: 3.85 %2021-05: 3.85 %2021-06: 3.85 %2021-07: 3.85 %2021-08: 3.85 %2021-09: 3.85 %2021-10: 3.85 %2021-11: 3.85 %2021-12: 3.8 %2022-01: 3.7 %2022-02: 3.7 %2022-03: 3.7 %2022-04: 3.7 %2022-05: 3.7 %2022-06: 3.7 %2022-07: 3.7 %2022-08: 3.65 %2022-09: 3.65 %2022-10: 3.65 %2022-11: 3.65 %2022-12: 3.65 %2023-01: 3.65 %2023-02: 3.65 %2023-03: 3.65 %2023-04: 3.65 %2023-05: 3.65 %2023-06: 3.55 %2023-07: 3.55 %2023-08: 3.45 %2023-09: 3.45 %2023-10: 3.45 %2023-11: 3.45 %2023-12: 3.45 %2024-01: 3.45 %2024-02: 3.45 %2024-03: 3.45 %2024-04: 3.45 %2024-05: 3.45 %2024-06: 3.45 %2024-07: 3.35 %2024-08: 3.35 %2024-09: 3.35 %2024-10: 3.1 %2024-11: 3.1 %2024-12: 3.1 %2025-01: 3.1 %2025-02: 3.1 %2025-03: 3.1 %2025-04: 3.1 %2025-05: 3 %2025-06: 3 %2025-07: 3 %2025-08: 3 %2025-09: 3 %2025-10: 3 %2025-11: 3 %2025-12: 3 %2026-01: 3 %2026-02: 3 %2026-03: 3 %2026-04: 3 %2026-05: 3 %2026-06: 3 %2026-07: 3 %2026-08: 3 %2026-09: 3 %
%. Source: BIS. Retrieved 2026-10-09.
All 369 values
Period%
2026-093
2026-083
2026-073
2026-063
2026-053
2026-043
2026-033
2026-023
2026-013
2025-123
2025-113
2025-103
2025-093
2025-083
2025-073
2025-063
2025-053
2025-043.1
2025-033.1
2025-023.1
2025-013.1
2024-123.1
2024-113.1
2024-103.1
2024-093.35
2024-083.35
2024-073.35
2024-063.45
2024-053.45
2024-043.45
2024-033.45
2024-023.45
2024-013.45
2023-123.45
2023-113.45
2023-103.45
2023-093.45
2023-083.45
2023-073.55
2023-063.55
2023-053.65
2023-043.65
2023-033.65
2023-023.65
2023-013.65
2022-123.65
2022-113.65
2022-103.65
2022-093.65
2022-083.65
2022-073.7
2022-063.7
2022-053.7
2022-043.7
2022-033.7
2022-023.7
2022-013.7
2021-123.8
2021-113.85
2021-103.85
2021-093.85
2021-083.85
2021-073.85
2021-063.85
2021-053.85
2021-043.85
2021-033.85
2021-023.85
2021-013.85
2020-123.85
2020-113.85
2020-103.85
2020-093.85
2020-083.85
2020-073.85
2020-063.85
2020-053.85
2020-043.85
2020-034.05
2020-024.05
2020-014.15
2019-124.15
2019-114.15
2019-104.2
2019-094.2
2019-084.25
2019-074.35
2019-064.35
2019-054.35
2019-044.35
2019-034.35
2019-024.35
2019-014.35
2018-124.35
2018-114.35
2018-104.35
2018-094.35
2018-084.35
2018-074.35
2018-064.35
2018-054.35
2018-044.35
2018-034.35
2018-024.35
2018-014.35
2017-124.35
2017-114.35
2017-104.35
2017-094.35
2017-084.35
2017-074.35
2017-064.35
2017-054.35
2017-044.35
2017-034.35
2017-024.35
2017-014.35
2016-124.35
2016-114.35
2016-104.35
2016-094.35
2016-084.35
2016-074.35
2016-064.35
2016-054.35
2016-044.35
2016-034.35
2016-024.35
2016-014.35
2015-124.35
2015-114.35
2015-104.35
2015-094.6
2015-084.6
2015-074.85
2015-064.85
2015-055.1
2015-045.35
2015-035.35
2015-025.6
2015-015.6
2014-125.6
2014-115.6
2014-106
2014-096
2014-086
2014-076
2014-066
2014-056
2014-046
2014-036
2014-026
2014-016
2013-126
2013-116
2013-106
2013-096
2013-086
2013-076
2013-066
2013-056
2013-046
2013-036
2013-026
2013-016
2012-126
2012-116
2012-106
2012-096
2012-086
2012-076
2012-066.31
2012-056.56
2012-046.56
2012-036.56
2012-026.56
2012-016.56
2011-126.56
2011-116.56
2011-106.56
2011-096.56
2011-086.56
2011-076.56
2011-066.31
2011-056.31
2011-046.31
2011-036.06
2011-026.06
2011-015.81
2010-125.81
2010-115.56
2010-105.56
2010-095.31
2010-085.31
2010-075.31
2010-065.31
2010-055.31
2010-045.31
2010-035.31
2010-025.31
2010-015.31
2009-125.31
2009-115.31
2009-105.31
2009-095.31
2009-085.31
2009-075.31
2009-065.31
2009-055.31
2009-045.31
2009-035.31
2009-025.31
2009-015.31
2008-125.31
2008-115.58
2008-106.66
2008-097.2
2008-087.47
2008-077.47
2008-067.47
2008-057.47
2008-047.47
2008-037.47
2008-027.47
2008-017.47
2007-127.47
2007-117.29
2007-107.29
2007-097.29
2007-087.02
2007-076.84
2007-066.57
2007-056.57
2007-046.39
2007-036.39
2007-026.12
2007-016.12
2006-126.12
2006-116.12
2006-106.12
2006-096.12
2006-086.12
2006-075.85
2006-065.85
2006-055.85
2006-045.85
2006-035.58
2006-025.58
2006-015.58
2005-125.58
2005-115.58
2005-105.58
2005-095.58
2005-085.58
2005-075.58
2005-065.58
2005-055.58
2005-045.58
2005-035.58
2005-025.58
2005-015.58
2004-125.58
2004-115.58
2004-105.58
2004-095.31
2004-085.31
2004-075.31
2004-065.31
2004-055.31
2004-045.31
2004-035.31
2004-025.31
2004-015.31
2003-125.31
2003-115.31
2003-105.31
2003-095.31
2003-085.31
2003-075.31
2003-065.31
2003-055.31
2003-045.31
2003-035.31
2003-025.31
2003-015.31
2002-125.31
2002-115.31
2002-105.31
2002-095.31
2002-085.31
2002-075.31
2002-065.31
2002-055.31
2002-045.31
2002-035.31
2002-025.31
2002-015.85
2001-125.85
2001-115.85
2001-105.85
2001-095.85
2001-085.85
2001-075.85
2001-065.85
2001-055.85
2001-045.85
2001-035.85
2001-025.85
2001-015.85
2000-125.85
2000-115.85
2000-105.85
2000-095.85
2000-085.85
2000-075.85
2000-065.85
2000-055.85
2000-045.85
2000-035.85
2000-025.85
2000-015.85
1999-125.85
1999-115.85
1999-105.85
1999-095.85
1999-085.85
1999-075.85
1999-065.85
1999-056.39
1999-046.39
1999-036.39
1999-026.39
1999-016.39
1998-126.39
1998-116.93
1998-106.93
1998-096.93
1998-086.93
1998-076.93
1998-067.92
1998-057.92
1998-047.92
1998-037.92
1998-028.64
1998-018.64
1997-128.64
1997-118.64
1997-108.64
1997-0910.08
1997-0810.08
1997-0710.08
1997-0610.08
1997-0510.08
1997-0410.08
1997-0310.08
1997-0210.08
1997-0110.08
1996-1210.08
1996-1110.08
1996-1010.08
1996-0910.08
1996-0810.08
1996-0710.98
1996-0610.98
1996-0510.98
1996-0412.06
1996-0312.06
1996-0212.06
1996-0112.06

Rankings

Definition

The rate a central bank sets to steer monetary policy, or its operational target, in percent per year. United States: effective federal funds rate, monthly average of daily rates (Federal Reserve H.15). Euro area: ECB deposit facility rate in force on the last day of the month. Other countries: the policy rate in force at the end of the month as reported by the national central bank and compiled by the BIS.

Timing differs by source: the US figure is a monthly average of the market rate that the Federal Reserve targets (the target range is set by the FOMC; the BIS copy uses its midpoint), while ECB and BIS figures are end-of-month levels. The euro area series is the deposit facility rate for its whole history; the ECB has steered with it since September 2024, and before that the BIS series and most press coverage used the main refinancing rate (see ecb_main_refinancing_rate). Euro area members have no national policy rate since 1999, so their BIS series end in 1998. Each BIS series names its central bank and the instrument used in each period.

How to cite

Bank for International Settlements (BIS), from national central bank data. Central bank policy rates (WS_CBPOL), monthly, end of period, as reported by the national central bank named in the series (SOURCE_REF). https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CBPOL/1.0/M.CN?format=csv. Retrieved 2026-10-09.

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Questions

What is the central bank policy rate in China?

Central bank policy rate in China was 3% in September 2026, according to Bank for International Settlements. That is unchanged from September 2025. That is the 26th highest of 36 countries in July 2026.

Where does this figure come from?

Bank for International Settlements. Central bank policy rates (WS_CBPOL), monthly, end of period, as reported by the national central bank named in the series (SOURCE_REF). Retrieved by Invokely on 2026-10-09.

What was the highest central bank policy rate in China?

12.06% in January 1996, the highest value since January 1996 in this series.

More statistics for China

All statistics for China