Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
5.75%
Highest
24.00% on Apr 1, 1998
Lowest
0.10% on Sep 8, 2021
About Poland interest rate
In Poland interest rates decisions are taken by the National Bank of Poland (Narodowy Bank Polski, NBP). The official interest rate is the Reference Rate.
Related indicators
Frequently Asked Questions
Poland interest rate is 5.75% at the moment.
Last month Poland interest rate was 5.75%, and the month before that it amounted to 5.75%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.