Central bank policy rate in Spain

Central bank policy rate in Spain was 3% in December 1998, according to Bank for International Settlements. That is down 1.75 pts from December 1997. That is the 10th highest of 15 EU countries in December 1998.

December 19983%
Change on December 1997-1.75 pts
Rank10th of 15EU countries ranked
Series high36.5October 1978
Series low0.063February 1978

Central bank policy rate in Spain, January 1949 to December 1998

CSVChart (SVG)

0102030401949-011956-031963-051970-071977-091984-111992-011998-121949-01: 3.6 %1949-02: 3.6 %1949-03: 3.2 %1949-04: 3.2 %1949-05: 3.2 %1949-06: 3.2 %1949-07: 3.2 %1949-08: 3.2 %1949-09: 3.2 %1949-10: 3.2 %1949-11: 3.2 %1949-12: 3.2 %1950-01: 3.2 %1950-02: 3.2 %1950-03: 3.2 %1950-04: 3.2 %1950-05: 3.2 %1950-06: 3.2 %1950-07: 3.2 %1950-08: 3.2 %1950-09: 3.2 %1950-10: 3.2 %1950-11: 3.2 %1950-12: 3.2 %1951-01: 3.2 %1951-02: 3.2 %1951-03: 3.2 %1951-04: 3.2 %1951-05: 3.2 %1951-06: 3.2 %1951-07: 3.2 %1951-08: 3.2 %1951-09: 3.2 %1951-10: 3.2 %1951-11: 3.2 %1951-12: 3.2 %1952-01: 3.2 %1952-02: 3.2 %1952-03: 3.2 %1952-04: 3.2 %1952-05: 3.2 %1952-06: 3.2 %1952-07: 3.2 %1952-08: 3.2 %1952-09: 3.2 %1952-10: 3.2 %1952-11: 3.2 %1952-12: 3.2 %1953-01: 3.2 %1953-02: 3.2 %1953-03: 3.2 %1953-04: 3.2 %1953-05: 3.2 %1953-06: 3.2 %1953-07: 3.2 %1953-08: 3.2 %1953-09: 3.2 %1953-10: 3.2 %1953-11: 3.2 %1953-12: 3.2 %1954-01: 3.2 %1954-02: 3.2 %1954-03: 3.2 %1954-04: 3.2 %1954-05: 3.2 %1954-06: 3.2 %1954-07: 3 %1954-08: 3 %1954-09: 3 %1954-10: 3 %1954-11: 3 %1954-12: 3 %1955-01: 3 %1955-02: 3 %1955-03: 3 %1955-04: 3 %1955-05: 3 %1955-06: 3 %1955-07: 3 %1955-08: 3 %1955-09: 3 %1955-10: 3 %1955-11: 3 %1955-12: 3 %1956-01: 3 %1956-02: 3 %1956-03: 3 %1956-04: 3 %1956-05: 3 %1956-06: 3 %1956-07: 3 %1956-08: 3 %1956-09: 3.4 %1956-10: 3.4 %1956-11: 3.4 %1956-12: 3.4 %1957-01: 3.4 %1957-02: 3.4 %1957-03: 3.4 %1957-04: 3.4 %1957-05: 3.4 %1957-06: 3.4 %1957-07: 4 %1957-08: 4 %1957-09: 4 %1957-10: 4 %1957-11: 4 %1957-12: 4 %1958-01: 4 %1958-02: 4 %1958-03: 4 %1958-04: 4 %1958-05: 4 %1958-06: 4 %1958-07: 4 %1958-08: 4 %1958-09: 4 %1958-10: 4 %1958-11: 4 %1958-12: 4 %1959-01: 4 %1959-02: 4 %1959-03: 4 %1959-04: 4 %1959-05: 4 %1959-06: 4 %1959-07: 4 %1959-08: 5 %1959-09: 5 %1959-10: 5 %1959-11: 5 %1959-12: 5 %1960-01: 5 %1960-02: 5 %1960-03: 5 %1960-04: 4.6 %1960-05: 4.6 %1960-06: 4.6 %1960-07: 4.6 %1960-08: 4.6 %1960-09: 4.6 %1960-10: 4.6 %1960-11: 4.6 %1960-12: 4.6 %1961-01: 4.6 %1961-02: 4.6 %1961-03: 4.6 %1961-04: 4.6 %1961-05: 4.6 %1961-06: 4 %1961-07: 4 %1961-08: 4 %1961-09: 4 %1961-10: 4 %1961-11: 4 %1961-12: 4 %1962-01: 4 %1962-02: 4 %1962-03: 4 %1962-04: 4 %1962-05: 4 %1962-06: 4 %1962-07: 4 %1962-08: 4 %1962-09: 4 %1962-10: 4 %1962-11: 4 %1962-12: 4 %1963-01: 4 %1963-02: 4 %1963-03: 4 %1963-04: 4 %1963-05: 4 %1963-06: 4 %1963-07: 4 %1963-08: 4 %1963-09: 4 %1963-10: 4 %1963-11: 4 %1963-12: 4 %1964-01: 4 %1964-02: 4 %1964-03: 4 %1964-04: 4 %1964-05: 4 %1964-06: 4 %1964-07: 4 %1964-08: 4 %1964-09: 4 %1964-10: 4 %1964-11: 4 %1964-12: 4 %1965-01: 4 %1965-02: 4 %1965-03: 4 %1965-04: 4 %1965-05: 4 %1965-06: 4 %1965-07: 4 %1965-08: 4 %1965-09: 4 %1965-10: 4 %1965-11: 4 %1965-12: 4 %1966-01: 4 %1966-02: 4 %1966-03: 4 %1966-04: 4 %1966-05: 4 %1966-06: 4 %1966-07: 4 %1966-08: 4 %1966-09: 4 %1966-10: 4 %1966-11: 4 %1966-12: 4 %1967-01: 4 %1967-02: 4 %1967-03: 4 %1967-04: 4 %1967-05: 4 %1967-06: 4 %1967-07: 4 %1967-08: 4 %1967-09: 4 %1967-10: 4 %1967-11: 4.5 %1967-12: 4.5 %1968-01: 4.5 %1968-02: 4.5 %1968-03: 4.5 %1968-04: 4.5 %1968-05: 4.5 %1968-06: 4.5 %1968-07: 4.5 %1968-08: 4.5 %1968-09: 4.5 %1968-10: 4.5 %1968-11: 4.5 %1968-12: 4.5 %1969-01: 4.5 %1969-02: 4.5 %1969-03: 4.5 %1969-04: 4.5 %1969-05: 4.5 %1969-06: 4.5 %1969-07: 5.5 %1969-08: 5.5 %1969-09: 5.5 %1969-10: 5.5 %1969-11: 5.5 %1969-12: 5.5 %1970-01: 5.5 %1970-02: 5.5 %1970-03: 6.5 %1970-04: 6.5 %1970-05: 6.5 %1970-06: 6.5 %1970-07: 6.5 %1970-08: 6.5 %1970-09: 6.5 %1970-10: 6.5 %1970-11: 6.5 %1970-12: 6.5 %1971-01: 6.25 %1971-02: 6.25 %1971-03: 6.25 %1971-04: 6 %1971-05: 6 %1971-06: 6 %1971-07: 6 %1971-08: 6 %1971-09: 6 %1971-10: 5 %1971-11: 5 %1971-12: 5 %1972-01: 5 %1972-02: 5 %1972-03: 5 %1972-04: 5 %1972-05: 5 %1972-06: 5 %1972-07: 5 %1972-08: 5 %1972-09: 5 %1972-10: 5 %1972-11: 5 %1972-12: 5 %1973-01: 5 %1973-02: 5 %1973-03: 5 %1973-04: 5 %1973-05: 5 %1973-06: 5 %1973-07: 6 %1973-08: 6 %1973-09: 6 %1973-10: 6 %1973-11: 6 %1973-12: 6 %1974-01: 6 %1974-02: 6 %1974-03: 6 %1974-04: 6 %1974-05: 6 %1974-06: 6 %1974-07: 6 %1974-08: 7 %1974-09: 7 %1974-10: 7 %1974-11: 7 %1974-12: 7 %1975-01: 7 %1975-02: 7 %1975-03: 7 %1975-04: 7 %1975-05: 7 %1975-06: 7 %1975-07: 7 %1975-08: 7 %1975-09: 7 %1975-10: 7 %1975-11: 7 %1975-12: 7 %1976-01: 7 %1976-02: 7 %1976-03: 7 %1976-04: 7 %1976-05: 7 %1976-06: 7 %1976-07: 7 %1976-08: 7 %1976-09: 7 %1976-10: 7 %1976-11: 7 %1976-12: 7 %1977-01: 7 %1977-02: 7 %1977-03: 7 %1977-04: 7 %1977-05: 7 %1977-06: 7 %1977-07: 8 %1977-08: 8 %1977-09: 18.55 %1977-10: 19.188 %1977-11: 9.063 %1977-12: 6.563 %1978-01: 2 %1978-02: 0.063 %1978-03: 2 %1978-04: 11.563 %1978-05: 17.875 %1978-06: 19.875 %1978-07: 29.688 %1978-08: 30.5 %1978-09: 21.5 %1978-10: 36.5 %1978-11: 26.375 %1978-12: 13.313 %1979-01: 10.125 %1979-02: 9 %1979-03: 15.5 %1979-04: 23.125 %1979-05: 15.188 %1979-06: 10.313 %1979-07: 10.313 %1979-08: 12 %1979-09: 10.563 %1979-10: 10.313 %1979-11: 9.625 %1979-12: 11.125 %1980-01: 12.125 %1980-02: 13.188 %1980-03: 16.313 %1980-04: 18.063 %1980-05: 17.625 %1980-06: 14.125 %1980-07: 14 %1980-08: 13.875 %1980-09: 14.332 %1980-10: 15.563 %1980-11: 17.625 %1980-12: 19.063 %1981-01: 14.5 %1981-02: 13.25 %1981-03: 13.063 %1981-04: 15.625 %1981-05: 18 %1981-06: 19.188 %1981-07: 16 %1981-08: 17.875 %1981-09: 16.938 %1981-10: 17.563 %1981-11: 18.75 %1981-12: 19 %1982-01: 16 %1982-02: 15.125 %1982-03: 15.375 %1982-04: 17.25 %1982-05: 18.5 %1982-06: 23.25 %1982-07: 15.938 %1982-08: 15 %1982-09: 16.438 %1982-10: 20.75 %1982-11: 22.563 %1982-12: 18.313 %1983-01: 23 %1983-02: 16.5 %1983-03: 18.625 %1983-04: 20.625 %1983-05: 22.313 %1983-06: 20.063 %1983-07: 23.25 %1983-08: 24.125 %1983-09: 22.75 %1983-10: 22.688 %1983-11: 19.688 %1983-12: 20.563 %1984-01: 16.125 %1984-02: 19.75 %1984-03: 18.625 %1984-04: 18.625 %1984-05: 15 %1984-06: 13 %1984-07: 13 %1984-08: 13 %1984-09: 13 %1984-10: 11.5 %1984-11: 12.5 %1984-12: 12.5 %1985-01: 12.5 %1985-02: 12.25 %1985-03: 12.375 %1985-04: 12.875 %1985-05: 12.938 %1985-06: 14.125 %1985-07: 14.25 %1985-08: 12.75 %1985-09: 11 %1985-10: 11 %1985-11: 10.5 %1985-12: 10.5 %1986-01: 10.5 %1986-02: 10.5 %1986-03: 11.5 %1986-04: 12 %1986-05: 11.75 %1986-06: 11.875 %1986-07: 12.25 %1986-08: 12.25 %1986-09: 11.75 %1986-10: 11.625 %1986-11: 11.625 %1986-12: 11.813 %1987-01: 12.375 %1987-02: 13 %1987-03: 14 %1987-04: 16.875 %1987-05: 19.125 %1987-06: 19.125 %1987-07: 18.5 %1987-08: 17.375 %1987-09: 17.375 %1987-10: 14.875 %1987-11: 14.5 %1987-12: 13.5 %1988-01: 12.5 %1988-02: 11.5 %1988-03: 11 %1988-04: 11 %1988-05: 10.5 %1988-06: 10.5 %1988-07: 10.5 %1988-08: 10.375 %1988-09: 11.375 %1988-10: 11.375 %1988-11: 11.4 %1988-12: 12.4 %1989-01: 12.4 %1989-02: 13.4 %1989-03: 13.75 %1989-04: 13.75 %1989-05: 13.75 %1989-06: 13.75 %1989-07: 14.5 %1989-08: 14.5 %1989-09: 14.5 %1989-10: 14.5 %1989-11: 14.5 %1989-12: 14.5 %1990-01: 14.5 %1990-02: 14.5 %1990-03: 14.5 %1990-04: 14.5 %1990-05: 14.6 %1990-06: 14.65 %1990-07: 14.65 %1990-08: 14.65 %1990-09: 14.65 %1990-10: 14.65 %1990-11: 14.649 %1990-12: 14.7 %1991-01: 14.7 %1991-02: 14.5 %1991-03: 13.5 %1991-04: 13.5 %1991-05: 12.75 %1991-06: 12.75 %1991-07: 12.75 %1991-08: 12.6 %1991-09: 12.6 %1991-10: 12.6 %1991-11: 12.5 %1991-12: 12.5 %1992-01: 12.65 %1992-02: 12.4 %1992-03: 12.4 %1992-04: 12.4 %1992-05: 12.4 %1992-06: 12.4 %1992-07: 13 %1992-08: 13 %1992-09: 12.999 %1992-10: 13 %1992-11: 13.75 %1992-12: 13.75 %1993-01: 13.249 %1993-02: 13 %1993-03: 12.996 %1993-04: 13 %1993-05: 11.25 %1993-06: 11.25 %1993-07: 11 %1993-08: 10.5 %1993-09: 10 %1993-10: 9.25 %1993-11: 9.25 %1993-12: 9 %1994-01: 8.75 %1994-02: 8.5 %1994-03: 8 %1994-04: 7.75 %1994-05: 7.5 %1994-06: 7.5 %1994-07: 7.5 %1994-08: 7.35 %1994-09: 7.35 %1994-10: 7.35 %1994-11: 7.35 %1994-12: 7.35 %1995-01: 8 %1995-02: 8 %1995-03: 8.5 %1995-04: 8.5 %1995-05: 8.5 %1995-06: 9.25 %1995-07: 9.25 %1995-08: 9.25 %1995-09: 9.25 %1995-10: 9.25 %1995-11: 9.25 %1995-12: 9 %1996-01: 8.75 %1996-02: 8.75 %1996-03: 8.25 %1996-04: 7.75 %1996-05: 7.5 %1996-06: 7.25 %1996-07: 7.25 %1996-08: 7.25 %1996-09: 7.25 %1996-10: 6.75 %1996-11: 6.75 %1996-12: 6.25 %1997-01: 6 %1997-02: 6 %1997-03: 5.75 %1997-04: 5.5 %1997-05: 5.25 %1997-06: 5.25 %1997-07: 5.25 %1997-08: 5.25 %1997-09: 5.25 %1997-10: 5 %1997-11: 5 %1997-12: 4.75 %1998-01: 4.75 %1998-02: 4.5 %1998-03: 4.5 %1998-04: 4.5 %1998-05: 4.25 %1998-06: 4.25 %1998-07: 4.25 %1998-08: 4.25 %1998-09: 4.25 %1998-10: 3.75 %1998-11: 3.5 %1998-12: 3 %
%. Source: BIS. Retrieved 2026-10-09.
All 600 values
Period%
1998-123
1998-113.5
1998-103.75
1998-094.25
1998-084.25
1998-074.25
1998-064.25
1998-054.25
1998-044.5
1998-034.5
1998-024.5
1998-014.75
1997-124.75
1997-115
1997-105
1997-095.25
1997-085.25
1997-075.25
1997-065.25
1997-055.25
1997-045.5
1997-035.75
1997-026
1997-016
1996-126.25
1996-116.75
1996-106.75
1996-097.25
1996-087.25
1996-077.25
1996-067.25
1996-057.5
1996-047.75
1996-038.25
1996-028.75
1996-018.75
1995-129
1995-119.25
1995-109.25
1995-099.25
1995-089.25
1995-079.25
1995-069.25
1995-058.5
1995-048.5
1995-038.5
1995-028
1995-018
1994-127.35
1994-117.35
1994-107.35
1994-097.35
1994-087.35
1994-077.5
1994-067.5
1994-057.5
1994-047.75
1994-038
1994-028.5
1994-018.75
1993-129
1993-119.25
1993-109.25
1993-0910
1993-0810.5
1993-0711
1993-0611.25
1993-0511.25
1993-0413
1993-0312.996
1993-0213
1993-0113.249
1992-1213.75
1992-1113.75
1992-1013
1992-0912.999
1992-0813
1992-0713
1992-0612.4
1992-0512.4
1992-0412.4
1992-0312.4
1992-0212.4
1992-0112.65
1991-1212.5
1991-1112.5
1991-1012.6
1991-0912.6
1991-0812.6
1991-0712.75
1991-0612.75
1991-0512.75
1991-0413.5
1991-0313.5
1991-0214.5
1991-0114.7
1990-1214.7
1990-1114.649
1990-1014.65
1990-0914.65
1990-0814.65
1990-0714.65
1990-0614.65
1990-0514.6
1990-0414.5
1990-0314.5
1990-0214.5
1990-0114.5
1989-1214.5
1989-1114.5
1989-1014.5
1989-0914.5
1989-0814.5
1989-0714.5
1989-0613.75
1989-0513.75
1989-0413.75
1989-0313.75
1989-0213.4
1989-0112.4
1988-1212.4
1988-1111.4
1988-1011.375
1988-0911.375
1988-0810.375
1988-0710.5
1988-0610.5
1988-0510.5
1988-0411
1988-0311
1988-0211.5
1988-0112.5
1987-1213.5
1987-1114.5
1987-1014.875
1987-0917.375
1987-0817.375
1987-0718.5
1987-0619.125
1987-0519.125
1987-0416.875
1987-0314
1987-0213
1987-0112.375
1986-1211.813
1986-1111.625
1986-1011.625
1986-0911.75
1986-0812.25
1986-0712.25
1986-0611.875
1986-0511.75
1986-0412
1986-0311.5
1986-0210.5
1986-0110.5
1985-1210.5
1985-1110.5
1985-1011
1985-0911
1985-0812.75
1985-0714.25
1985-0614.125
1985-0512.938
1985-0412.875
1985-0312.375
1985-0212.25
1985-0112.5
1984-1212.5
1984-1112.5
1984-1011.5
1984-0913
1984-0813
1984-0713
1984-0613
1984-0515
1984-0418.625
1984-0318.625
1984-0219.75
1984-0116.125
1983-1220.563
1983-1119.688
1983-1022.688
1983-0922.75
1983-0824.125
1983-0723.25
1983-0620.063
1983-0522.313
1983-0420.625
1983-0318.625
1983-0216.5
1983-0123
1982-1218.313
1982-1122.563
1982-1020.75
1982-0916.438
1982-0815
1982-0715.938
1982-0623.25
1982-0518.5
1982-0417.25
1982-0315.375
1982-0215.125
1982-0116
1981-1219
1981-1118.75
1981-1017.563
1981-0916.938
1981-0817.875
1981-0716
1981-0619.188
1981-0518
1981-0415.625
1981-0313.063
1981-0213.25
1981-0114.5
1980-1219.063
1980-1117.625
1980-1015.563
1980-0914.332
1980-0813.875
1980-0714
1980-0614.125
1980-0517.625
1980-0418.063
1980-0316.313
1980-0213.188
1980-0112.125
1979-1211.125
1979-119.625
1979-1010.313
1979-0910.563
1979-0812
1979-0710.313
1979-0610.313
1979-0515.188
1979-0423.125
1979-0315.5
1979-029
1979-0110.125
1978-1213.313
1978-1126.375
1978-1036.5
1978-0921.5
1978-0830.5
1978-0729.688
1978-0619.875
1978-0517.875
1978-0411.563
1978-032
1978-020.063
1978-012
1977-126.563
1977-119.063
1977-1019.188
1977-0918.55
1977-088
1977-078
1977-067
1977-057
1977-047
1977-037
1977-027
1977-017
1976-127
1976-117
1976-107
1976-097
1976-087
1976-077
1976-067
1976-057
1976-047
1976-037
1976-027
1976-017
1975-127
1975-117
1975-107
1975-097
1975-087
1975-077
1975-067
1975-057
1975-047
1975-037
1975-027
1975-017
1974-127
1974-117
1974-107
1974-097
1974-087
1974-076
1974-066
1974-056
1974-046
1974-036
1974-026
1974-016
1973-126
1973-116
1973-106
1973-096
1973-086
1973-076
1973-065
1973-055
1973-045
1973-035
1973-025
1973-015
1972-125
1972-115
1972-105
1972-095
1972-085
1972-075
1972-065
1972-055
1972-045
1972-035
1972-025
1972-015
1971-125
1971-115
1971-105
1971-096
1971-086
1971-076
1971-066
1971-056
1971-046
1971-036.25
1971-026.25
1971-016.25
1970-126.5
1970-116.5
1970-106.5
1970-096.5
1970-086.5
1970-076.5
1970-066.5
1970-056.5
1970-046.5
1970-036.5
1970-025.5
1970-015.5
1969-125.5
1969-115.5
1969-105.5
1969-095.5
1969-085.5
1969-075.5
1969-064.5
1969-054.5
1969-044.5
1969-034.5
1969-024.5
1969-014.5
1968-124.5
1968-114.5
1968-104.5
1968-094.5
1968-084.5
1968-074.5
1968-064.5
1968-054.5
1968-044.5
1968-034.5
1968-024.5
1968-014.5
1967-124.5
1967-114.5
1967-104
1967-094
1967-084
1967-074
1967-064
1967-054
1967-044
1967-034
1967-024
1967-014
1966-124
1966-114
1966-104
1966-094
1966-084
1966-074
1966-064
1966-054
1966-044
1966-034
1966-024
1966-014
1965-124
1965-114
1965-104
1965-094
1965-084
1965-074
1965-064
1965-054
1965-044
1965-034
1965-024
1965-014
1964-124
1964-114
1964-104
1964-094
1964-084
1964-074
1964-064
1964-054
1964-044
1964-034
1964-024
1964-014
1963-124
1963-114
1963-104
1963-094
1963-084
1963-074
1963-064
1963-054
1963-044
1963-034
1963-024
1963-014
1962-124
1962-114
1962-104
1962-094
1962-084
1962-074
1962-064
1962-054
1962-044
1962-034
1962-024
1962-014
1961-124
1961-114
1961-104
1961-094
1961-084
1961-074
1961-064
1961-054.6
1961-044.6
1961-034.6
1961-024.6
1961-014.6
1960-124.6
1960-114.6
1960-104.6
1960-094.6
1960-084.6
1960-074.6
1960-064.6
1960-054.6
1960-044.6
1960-035
1960-025
1960-015
1959-125
1959-115
1959-105
1959-095
1959-085
1959-074
1959-064
1959-054
1959-044
1959-034
1959-024
1959-014
1958-124
1958-114
1958-104
1958-094
1958-084
1958-074
1958-064
1958-054
1958-044
1958-034
1958-024
1958-014
1957-124
1957-114
1957-104
1957-094
1957-084
1957-074
1957-063.4
1957-053.4
1957-043.4
1957-033.4
1957-023.4
1957-013.4
1956-123.4
1956-113.4
1956-103.4
1956-093.4
1956-083
1956-073
1956-063
1956-053
1956-043
1956-033
1956-023
1956-013
1955-123
1955-113
1955-103
1955-093
1955-083
1955-073
1955-063
1955-053
1955-043
1955-033
1955-023
1955-013
1954-123
1954-113
1954-103
1954-093
1954-083
1954-073
1954-063.2
1954-053.2
1954-043.2
1954-033.2
1954-023.2
1954-013.2
1953-123.2
1953-113.2
1953-103.2
1953-093.2
1953-083.2
1953-073.2
1953-063.2
1953-053.2
1953-043.2
1953-033.2
1953-023.2
1953-013.2
1952-123.2
1952-113.2
1952-103.2
1952-093.2
1952-083.2
1952-073.2
1952-063.2
1952-053.2
1952-043.2
1952-033.2
1952-023.2
1952-013.2
1951-123.2
1951-113.2
1951-103.2
1951-093.2
1951-083.2
1951-073.2
1951-063.2
1951-053.2
1951-043.2
1951-033.2
1951-023.2
1951-013.2
1950-123.2
1950-113.2
1950-103.2
1950-093.2
1950-083.2
1950-073.2
1950-063.2
1950-053.2
1950-043.2
1950-033.2
1950-023.2
1950-013.2
1949-123.2
1949-113.2
1949-103.2
1949-093.2
1949-083.2
1949-073.2
1949-063.2
1949-053.2
1949-043.2
1949-033.2
1949-023.6
1949-013.6

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.ES?format=csv. Retrieved 2026-10-09.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

What is the latest central bank policy rate in Spain? Cite the source.
get_value {"indicator":"policy_interest_rate","place":"es"}
GET https://invokely.ai/api/v1/value?indicator=policy_interest_rate&place=es

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

What is the central bank policy rate in Spain?

Central bank policy rate in Spain was 3% in December 1998, according to Bank for International Settlements. That is down 1.75 pts from December 1997. That is the 10th highest of 15 EU countries in December 1998.

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 Spain?

36.5% in October 1978, the highest value since January 1949 in this series.

More statistics for Spain

All statistics for Spain