Base Rate in Hong Kong
The Base Rate (%, eop) ended 2024 at 4.75%, down from the 5.75% end-2024 value and up from the reading of 0.5% a decade earlier. For reference, the average interest rate in East & South Asia was 4.75% at end-2024. For more information on interest rate, visit our dedicated page
Hong Kong Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Hong Kong from 2024 to 2022.
Source: Macrobond.
Hong Kong Interest Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Base Rate (%, eop) | 0.50 | 0.50 | 4.75 | 5.75 | 4.75 |
| 91-Day HIBOR (%, eop) | 0.35 | 0.26 | 4.99 | 5.15 | 4.37 |
| 10-Year Bond Yield (%, eop) | 0.75 | 1.50 | 3.63 | 3.23 | 3.74 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Hong Kong interest rate projections for the next ten years from a panel of 11 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 Hong Kong interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Hong Kong interest rate projections.
Want to get access to the full dataset of Hong Kong interest rate forecasts? Send an email to info@focus-economics.com.