Monetary policy-related, Rate, Percent per annum in Canada
Canada: Monetary policy-related, Rate, Percent per annum was 3.25 in 2024. ◆ Volatile
Monetary policy-related, Rate, Percent per annum in Canada, 1993–2024
Source: International Monetary Fund.
Analysis
In 2024, monetary policy-related, rate, percent per annum in Canada stood at 3.25.
The figure is down 35.0% on the previous year and up 225.0% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Canada peaked at 5.78 in 1995 and was at its lowest, 0.25, in 2009.
Canada ranks 58th of 80 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary policy-related, Rate, Percent per annum in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 4 | — |
| 1994 | 5.69 | +42.3% |
| 1995 | 5.78 | +1.6% |
| 1996 | 3 | -48.1% |
| 1997 | 4.25 | +41.7% |
| 1998 | 5 | +17.6% |
| 1999 | 4.75 | -5.0% |
| 2000 | 5.75 | +21.1% |
| 2001 | 2.25 | -60.9% |
| 2002 | 2.75 | +22.2% |
| 2003 | 2.75 | +0.0% |
| 2004 | 2.5 | -9.1% |
| 2005 | 3.25 | +30.0% |
| 2006 | 4.25 | +30.8% |
| 2007 | 4.25 | +0.0% |
| 2008 | 1.5 | -64.7% |
| 2009 | 0.25 | -83.3% |
| 2010 | 1 | +300.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 0.5 | -50.0% |
| 2016 | 0.5 | +0.0% |
| 2017 | 1 | +100.0% |
| 2018 | 1.75 | +75.0% |
| 2019 | 1.75 | +0.0% |
| 2020 | 0.25 | -85.7% |
| 2021 | 0.25 | +0.0% |
| 2022 | 4.25 | +1600.0% |
| 2023 | 5 | +17.6% |
| 2024 | 3.25 | -35.0% |
Canada compared with similar countries
- Canada's 3.25 is below the median for high income countries, which is 4, 81% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Monetary policy-related, Rate, Percent per annum in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +1600.0% | 0.25 | 4.25 |
| 2010 | +300.0% | 0.25 | 1 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.64 | 3 | 5.78 | 7 |
| 2000s | 2.95 | 0.25 | 5.75 | 10 |
| 2010s | 1.05 | 0.5 | 1.75 | 10 |
| 2020s | 2.6 | 0.25 | 5 | 5 |
Countries ranked near Canada
More financial sector data for Canada
- Reserve position in the IMF, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.02 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.02 % change on previous year (2025)
Frequently asked questions
- What is monetary policy-related, rate, percent per annum in Canada?
- Monetary policy-related, rate, percent per annum in Canada was 3.25 in 2024, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Canada?
- The highest recorded value was 5.78 in 1995.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Canada?
- The lowest recorded value was 0.25 in 2009.
- How does Canada rank for monetary policy-related, rate, percent per annum?
- Canada ranks 58th out of 80 countries with data for 2024.
- Is monetary policy-related, rate, percent per annum rising or falling in Canada?
- Over the last ten years it is up 225.0%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Monetary policy-related, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.