The Riksbank left its key repo rate unchanged at 0% during its April 2021 meeting, in line with expectations and will continue to purchase assets within the envelope of SEK 700 billion. Policymakers said growth is expected to gear up both in Sweden and abroad but there is still considerable uncertainty and the speed of the recovery varies substantially between different sectors and countries while cost pressures are expected to rise relatively slowly in the country source: Sveriges Riksbank
Interest Rate in Sweden averaged 2.88 percent from 1994 until 2021, 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. This page provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
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 2022, according to our econometric models.