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PBOC · CNY•Est. 1948 · Beijing•Mandate Target: ~3.0% Annual CPI Ceiling

People's Bank of China (PBOC) - Monetary Ledger

Maintain the stability of the value of the currency and thereby promote economic growth. Explore all six canonical primary-source time series for China (Chinese Yuan Renminbi, CNY): policy rate history, CPI inflation vs. target, consolidated central bank assets in USD and % of GDP, international gold & FX reserves, and real effective exchange rates.

Six Canonical People's Bank of China Datasets

People's Bank of China Policy Rate & Balance Sheet Trajectories

People's Bank of China · CNY

China PBoC Benchmark Interest Rate (China) (1996-2026)

% p.a.

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Source: Bank for International Settlements (BIS) & People's Bank of China (WS_CBPOL:M:CN) Latest: 3.00% (Sep 2026) · Real Rate: +2.20%
People's Bank of China · CNY

People's Bank of China Balance Sheet Total Assets (USD) (1985-2026)

USD Billions

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Source: Bank for International Settlements (BIS) (WS_CBTA:M:CN:B:USD:_Z:B) Latest: $7,285.17B (Jun 2026)

People's Bank of China Bilateral Rate Differentials

Consolidated Annual Monetary Ledger - People's Bank of China

Annual policy rate, headline CPI, ex-post real rate, balance sheet assets ($B & % GDP), reserves ($B), and REER index

YearPolicy RateCPI (YoY)Real RateAssets ($B USD)Assets (% GDP)Reserves ($B)REER (2020=100)
20263.00%0.90%+2.10%$7,285.17B34.37%-91.33
20253.00%0.05%+2.95%$6,878.87B34.37%$3,748.74B88.56
20243.10%0.24%+2.86%$6,034.96B32.69%$3,456.02B92.40
20233.45%0.24%+3.21%$6,431.40B35.30%$3,449.54B94.61
20223.65%1.91%+1.74%$6,041.44B33.77%$3,306.84B103.53
20213.80%0.85%+2.95%$6,229.20B33.75%$3,427.93B103.02
20203.85%2.58%+1.27%$5,929.78B37.61%$3,357.24B100.00
20194.15%3.03%+1.12%$5,331.22B36.95%$3,222.89B98.25
20184.35%1.93%+2.42%$5,415.85B39.87%$3,168.22B98.64
20174.35%1.52%+2.83%$5,577.16B42.91%$3,235.68B97.40
20164.35%2.12%+2.23%$4,949.41B45.23%$3,097.66B100.40
20154.35%1.54%+2.81%$4,900.71B45.29%$3,405.25B104.30
20145.60%2.06%+3.54%$5,449.56B51.66%$3,900.04B95.35
20136.00%2.57%+3.43%$5,240.79B52.67%$3,880.37B93.17
20126.00%2.61%+3.39%$4,727.24B53.90%$3,387.51B87.56
20116.56%5.56%+1.00%$4,456.01B56.82%$3,254.67B82.59
20105.81%3.17%+2.64%$3,927.04B62.04%$2,913.71B80.52
20095.31%-0.72%+6.03%$3,332.86B64.39%$2,452.90B81.18
20085.31%5.97%-0.66%$3,035.25B63.97%$1,966.04B77.61
20077.47%4.82%+2.65%$2,315.68B61.90%$1,546.36B71.45
20066.12%1.65%+4.47%$1,647.32B57.92%$1,080.76B69.01
20055.58%1.76%+3.82%$1,284.68B54.71%$831.41B68.10
20045.58%3.87%+1.71%$950.29B47.99%$622.95B68.82
20035.31%1.08%+4.23%$749.11B44.55%$416.20B71.00
20025.31%-0.71%+6.02%$617.46B41.49%$297.74B76.45
20015.85%0.73%+5.12%$516.33B38.12%$220.06B78.47
20005.85%0.35%+5.50%$475.96B38.93%$171.76B75.02
19995.85%-1.40%+7.25%$426.96B38.73%$161.41B74.69
19986.39%-0.77%+7.16%$377.68B36.47%$152.84B78.59
19978.64%2.81%+5.83%$378.02B39.23%$146.45B74.21
199610.08%8.33%+1.75%$317.47B36.76%$111.73B68.88
1995-17.08%-$247.37B33.64%$80.29B62.27
1994-24.13%-$207.75B36.26%$57.78B55.86
1993-14.70%-$235.20B38.47%$27.35B-
1992-6.39%-$180.15B38.28%$24.85B-
1991-3.42%-$168.97B42.39%$48.17B-
1990-3.10%-$141.00B39.69%$34.48B-
1989-17.99%-$123.95B34.53%$23.05B-
1988-18.76%-$126.69B31.52%$23.75B-
1987-7.31%-$105.09B32.60%$22.45B-
1986-6.48%-$91.57B33.29%$16.42B-
1985-9.34%-$87.08B31.05%$16.88B-
1984-2.74%---$21.28B-
1983-2.01%---$19.83B-
1982-1.96%---$17.15B-
1981-2.47%---$10.11B-
1980-7.46%---$10.09B-
1979-1.90%---$8.71B-
1978-----$4.45B-
1977-----$4.46B-