At its meeting on 2 September, the Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate (OCR) by...
Policy Interest Rate in Ukraine
The Policy Interest Rate (%, eop) ended 2024 at 13.50%, down from the 15.00% end-2024 value and down from the reading of 14.00% a decade earlier. For reference, the average interest rate in CIS Countries was 18.77% at end-2024. For more information on interest rate, visit our dedicated page.
Ukraine Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Ukraine from 2014 to 2025.
Source: Macrobond.
Ukraine Interest Rate Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%, eop) | 9.00 | 25.00 | 15.00 | 13.50 | 15.50 |
Panelist insight: Andrew Matheny, Johan Allen and Alberto Dario Zanettin at Goldman Sachs commented: “We would characterise the [Bank’s] guidance as unambiguously hawkish, with the NBU explicitly referring to further tightening. […] Accordingly, we are revising our forecast as we expect the NBU to increase its key policy rate by another 50bp at the coming meeting, with the NBU remaining on hold until Q2 next year before starting to loosen monetary conditions again.”
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ukrainian interest rate projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Ukrainian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ukrainian interest rate projections.
Want to get access to the full dataset of Ukrainian interest rate forecasts? Send an email to info@focus-economics.com.
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