Latest decision: On 30 July, the Central Bank voted to keep the bank rate at 3.75%, following cuts of 150...
Refinancing Rate in Belarus
The Refinancing Rate (%, eop) ended 2024 at 9.50%, unchanged from the 9.50% end-2024 value and up from the reading of 20.00% 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.
Belarus Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Belarus from 2014 to 2025.
Source: Macrobond.
Belarus Interest Rate Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Refinancing Rate (%, eop) | 9.25 | 12.00 | 9.50 | 9.50 | 9.75 |
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 Belarusian interest rate projections for the next ten years from a panel of 3 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 Belarusian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Belarusian interest rate projections.
Want to get access to the full dataset of Belarusian interest rate forecasts? Send an email to info@focus-economics.com.
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