Key data points
Last release
—
Observation period
Oct 31, 2024
Next release
—
Forecast
—
Highest
300.00 % on Nov 30, 1994
Lowest
6.00 % on Feb 28, 2021
About Ukraine interest rate
In Ukraine, interest rate decisions are taken by the National Bank of Ukraine. The official interest rate is the discount rate.
Related indicators
Frequently Asked Questions
Ukraine interest rate is 13% at the moment.
Last month Ukraine interest rate was 13%, and the month before that it amounted to 13%.
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.