Global Interest Rates & Central Bank Statistics in 2021
Global monetary policy and central bank balance sheet ledger for 2021. Inspect 12 headline monetary indicators and 20 reporting central bank policy rates recorded in 2021.
Headline Monetary Indicators in 2021
Federal Reserve
Rank #65 of 73 yrs
Federal Funds Effective Rate (United States)
2021 Reading 0.12%
YoY Change 0.00 pp
European Central Bank
Rank #23 of 28 yrs
ECB Main Policy Interest Rate (Euro Area)
2021 Reading 0.00%
YoY Change 0.00 pp
Bank of England
Rank #79 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
2021 Reading 0.25%
YoY Change +0.15 pp
Bank of Japan
Rank #68 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
2021 Reading -0.10%
YoY Change 0.00 pp
Reserve Bank of Australia
Rank #50 of 51 yrs
RBA Cash Rate Target (Australia)
2021 Reading 0.10%
YoY Change 0.00 pp
Swiss National Bank
Rank #75 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
2021 Reading -0.75%
YoY Change 0.00 pp
Bank of Canada
Rank #65 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
2021 Reading 0.25%
YoY Change 0.00 pp
Federal Reserve
Rank #28 of 113 yrs
United States Inflation Rate (CPI YoY %)
2021 Reading 4.69%
YoY Change +3.45 pp
Bank of England
Rank #67 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
2021 Reading 2.58%
YoY Change +1.69 pp
Federal Reserve
Rank #1 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
2021 Reading $8,757.46B
YoY Change +$1,394.11B
Federal Reserve
Rank #4 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
2021 Reading $716.15B
YoY Change +$87.78B
Federal Reserve
Rank #26 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
2021 Reading 97.83
YoY Change -2.17
Central Bank Policy Rates & Real Interest Rates in 2021 (20 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 2021 Policy Rate | 2021 CPI Inflation | 2021 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Central Bank of Brazil (BCB) | Brazil (BRL) | 9.25% | 8.29% | +0.96% |
| #2 | Bank of Mexico (BANXICO) | Mexico (MXN) | 5.50% | 5.68% | -0.18% |
| #3 | Reserve Bank of India (RBI) | India (INR) | 4.00% | 5.15% | -1.15% |
| #4 | Central Bank of Chile (BCCH) | Chile (CLP) | 4.00% | 4.51% | -0.51% |
| #5 | People's Bank of China (PBOC) | China (CNY) | 3.80% | 0.85% | +2.95% |
| #6 | South African Reserve Bank (SARB) | South Africa (ZAR) | 3.75% | 4.55% | -0.80% |
| #7 | Bank Indonesia (BI) | Indonesia (IDR) | 3.50% | 1.56% | +1.94% |
| #8 | National Bank of Poland (NBP) | Poland (PLN) | 1.75% | 5.15% | -3.40% |
| #9 | Bank of Korea (BOK) | South Korea (KRW) | 1.00% | 2.50% | -1.50% |
| #10 | Reserve Bank of New Zealand (RBNZ) | New Zealand (NZD) | 0.75% | 3.94% | -3.19% |
| #11 | Norges Bank (NORGES) | Norway (NOK) | 0.50% | 3.47% | -2.97% |
| #12 | Bank of England (BOE) | United Kingdom (GBP) | 0.25% | 2.58% | -2.33% |
| #13 | Bank of Canada (BOC) | Canada (CAD) | 0.25% | 3.39% | -3.14% |
| #14 | Federal Reserve (FED) | United States (USD) | 0.12% | 4.69% | -4.57% |
| #15 | Reserve Bank of Australia (RBA) | Australia (AUD) | 0.10% | 2.87% | -2.77% |
| #16 | European Central Bank (ECB) | Euro Area (EUR) | 0.00% | 2.59% | -2.59% |
| #17 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 0.00% | 2.16% | -2.16% |
| #18 | Bank of Japan (BOJ) | Japan (JPY) | -0.10% | -0.24% | +0.14% |
| #19 | Danmarks Nationalbank (DNB) | Denmark (DKK) | -0.60% | 1.84% | -2.44% |
| #20 | Swiss National Bank (SNB) | Switzerland (CHF) | -0.75% | 0.58% | -1.33% |
Surrounding Decade Context (2016-2026)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 2016 | 0.62% | 0.25% | -0.10% | 1.26% | Bank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing |
| 2017 | 1.38% | 0.50% | -0.10% | 2.13% | Global monetary policy and central bank balance sheet ledger for 2017. |
| 2018 | 2.38% | 0.75% | -0.10% | 2.44% | Global monetary policy and central bank balance sheet ledger for 2018. |
| 2019 | 1.62% | 0.75% | -0.10% | 1.81% | Global monetary policy and central bank balance sheet ledger for 2019. |
| 2020 | 0.12% | 0.10% | -0.10% | 1.24% | COVID-19 pandemic emergency rate cuts and record balance sheet expansion |
| 2021 | 0.12% | 0.25% | -0.10% | 4.69% | Global monetary policy and central bank balance sheet ledger for 2021. |
| 2022 | 4.38% | 3.50% | -0.10% | 8.01% | Global inflation surge triggers fastest synchronized rate hiking cycle in four decades |
| 2023 | 5.38% | 5.25% | -0.10% | 4.14% | Global monetary policy and central bank balance sheet ledger for 2023. |
| 2024 | 4.38% | 4.75% | 0.25% | 2.95% | G10 policy rates peak and pivot toward gradual monetary normalization |
| 2025 | 3.62% | 3.75% | 0.75% | 2.69% | Post-tightening monetary recalibration across advanced and emerging central banks |
| 2026 | 3.88% | 3.75% | 1.25% | 3.30% | Global monetary policy and central bank balance sheet ledger for 2026. |