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NBP reference rate, interest rate central bank of Poland

Charts - historic NBP interest rates

Graph Polish interest rate - interest rates last year

Graph Polish interest rate - long-term graph

The current Polish interest rate (base rate) is 0.500 %

Narodowy Bank Polski (NBP)

The central bank of Poland is the NBP, also known as the Narodowy Bank Polski or National Bank of Poland. The main objective of the NBP is to maintain price stability, or a moderate inflation, in the republic of Poland. For an overview of current CPI inflation in Poland, click here. For current inflation in Poland based upon HICP, click here. The main tasks of the Polish central bank are:
  • the NBP is an issuing bank: has the exclusive right to issue money;
  • to maintain full employment;
  • the NBP acts as a bank for commercial banks: the bank is responsible for the stability and safety of the Polish banking system;
  • the NBP is a central bank for the government, it offers banking services tt the Polish government.

NBP reference rate

When reference is made to the Polish interest rate this often refers to the NBP reference rate. The NBP reference rate is a base rate. The central bank is determining the inflation level objective and uses the NBP reference rate as a tool to achieve this objective. Increasing or decreasing the reference rate the central bank of Poland is trying to influence the short term interest rates in the money market. This has a direct effect on the interest rates of products like a mortgage, loan / credit or savings account.

This page shows the current and historic values of the NBP reference rate.

For a summary of the current interest rates of a large number of central banks please click here.

Tables - current and historic Polish central bank interest rates

NBP latest interest rate changes

 change date percentage
 october 06 2021 0.500 %
 may 28 2020 0.100 %
 april 08 2020 0.500 %
 march 17 2020 1.000 %
 march 04 2015 1.500 %
 october 08 2014 2.000 %
 july 03 2013 2.500 %
 june 05 2013 2.750 %
 may 08 2013 3.000 %
 march 06 2013 3.250 %

Summary of other central banks’ interest rates

 central bank interest rate region percentage date
 FED interest rate United States 0.250 % 03-15-2020
 RBA interest rate Australia 0.100 % 11-03-2020
 BACEN interest rate Brazil 6.250 % 09-22-2021
 BoE interest rate Great Britain 0.100 % 03-19-2020
 BOC interest rate Canada 0.250 % 03-27-2020
 PBC interest rate China 3.850 % 04-20-2020
 ECB interest rate Europe 0.000 % 03-10-2016
 BoJ interest rate Japan -0.100 % 02-01-2016
 CBR interest rate Russia 7.500 % 10-22-2021
 SARB interest rate South Africa 3.500 % 07-23-2020

In order to be able to show the data on this page, we make use of a large number of sources of information that we believe to be reliable. For more information and our disclaimer, click here.

American interest rate (Fed)0.25 %03-15-2020
Australian interest rate (RBA)0.10 %11-03-2020
British interest rate (BoE)0.10 %03-19-2020
Canadian interest rate (BOC)0.25 %03-27-2020
European interest rate (ECB)-03-10-2016
Japanese interest rate (BoJ)-0.10 %02-01-2016
All central banks interest rates, click here
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