The National Bank of Serbia kept its benchmark interest rate at 1% for a 6th straight month, as expected, during its July meeting. The central bank noted that Serbia is one of the few economies that exceeded pre-crisis levels of economic activity already in Q1, amid well-coordinated monetary and fiscal policies. The inflation rate increased to 3.6% in May but is seen falling to around the target midpoint of 3% in the coming months. source: National Bank of Serbia
Interest Rate in Serbia averaged 7.82 percent from 2006 until 2021, reaching an all time high of 18 percent in October of 2006 and a record low of 1 percent in December of 2020. This page provides - Serbia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Interest Rate in Serbia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Serbia to stand at 1.50 in 12 months time. In the long-term, the Serbia Interest Rate is projected to trend around 1.75 percent in 2022 and 2.50 percent in 2023, according to our econometric models.