The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent during its February 2021 meeting, as expected, amid efforts to cushion the adverse impact of the ongoing health crisis and support the economic recovery. Meantime, the annual inflation rate fell to 2.4 percent in December, its lowest level since May of 2019 and below the central bank’s medium-term target of 2.5 percent. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent. source: National Bank of Poland
Interest Rate in Poland averaged 6.39 percent from 1998 until 2021, reaching an all time high of 24 percent in March of 1998 and a record low of 0.10 percent in May of 2020. This page provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Interest Rate in Poland is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Poland to stand at 0.10 in 12 months time. In the long-term, the Poland Interest Rate is projected to trend around 0.50 percent in 2022, according to our econometric models.