Short-term interest rate (per cent) - Euro area - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In the Euro area, the short-term interest rate was 2.51 per cent in August 2026, versus 2.43 in July 2026.
Sample. This monthly series has 392 records overall. The time period covered by the series extends from January 1994 to August 2026.
History. Here's a glimpse of a few simple statistics we calculated on the full sample: the interest rate hit a maximum of 7.58 per cent in March 1995; it reached a minimum of -0.58 in December 2021; it had a mean value of 2.25.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 2.339 |
| 2026-07-31 | 2.425391 |
| 2026-08-31 | 2.513143 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Short-term interest rate |
| Country | Euro area |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Short-term interest rates are the rates at which short-term borrowings are effected between financial institutions or the rate at which short-term government paper is issued or traded in the market. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.