Guatemala: base interest rate 2010-2018

Guatemala is one of the Latin American countries with relatively low monetary policy rates. This indicator, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy, and it serves as a guide for other financial institutions to set their own interest rates. In 2018, Guatemala's Central Bank set the base interest rate at 2.75 percent.

Monetary policy rate in Guatemala from 2010 to 2018

Monetary policy rate
20182.75%
2017 2.96%
2016 3%
2015 3.31%
2014 4.6%
2013 5.13%
2012 5.21%
2011 4.92%
2010 4.5%
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Source

Release date

December 2018

Region

Guatemala

Survey time period

2010 to 2018

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