Sweden's central bank raised its benchmark repo rate by 25bps to 0 percent during its December meeting, ending five years of negative interest rates, saying inflation has been close to the target of 2 percent since the start of 2017 while the economic prospects and outlook for inflation are largely unchanged. Policymakers also said the repo rate will remain at zero percent in the coming years. Interest Rate in Sweden averaged 3 percent from 1994 until 2019, reaching an all time high of 8.91 percent in July of 1995 and a record low of -0.50 percent in February of 2016. source: Sveriges Riksbank
Interest Rate in Sweden is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Sweden to stand at 0.00 in 12 months time. In the long-term, the Sweden Interest Rate is projected to trend around 0.00 percent in 2020, according to our econometric models.