Sveriges Riksbank · Policy rate
Sweden · SEK · Policy rate
The Sveriges Riksbank’s Policy rate is 1.75 %, last changed on 1 Oct 2025 when it was cut by 25 bp from 2.00 %. The next scheduled decision is on .
1.75 %
- Last change
- cut −25 bp·announced 23 Sep 2025
- Previous rate
- 2.00 %
- Next decision
- Latest observation
- Source
- BIS + Riksbank
1.75 % ·
2 Nov 20210.00 – 4.00 %2 Nov 2026
Recent decisions
| Date | Rate | Change |
|---|---|---|
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| announced 23 Sep 2025 | 1.75 % | −25 bp |
Changes are dated by when they took effect; holds by the announcement day.
At a glance
- Economy
- Sweden
- Currency
- SEK
- Type
- Policy rate
- Set by
- Sveriges Riksbank
- History since
- 1946
- Changes in the last 12 months
- 0
Questions and answers
- What is the current Sveriges Riksbank interest rate?
- The Sveriges Riksbank’s Policy rate is 1.75 %, last changed on 1 Oct 2025 when it was cut by 25 bp from 2.00 %.
- When did the Sveriges Riksbank last change its rate?
- On 1 Oct 2025, when the Policy rate was cut by 25 bp to 1.75 % from 2.00 %.
- What did the Sveriges Riksbank decide at its last meeting?
- On 24 Sep 2026 it held the Policy rate at 1.75 %.
- When is the next Sveriges Riksbank rate decision?
- The next scheduled announcement is on 4 Nov 2026.
Decisions by year since 2019
2026no net change
| Date | Rate | Change |
|---|---|---|
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold | |
| 1.75 % | hold |
2025net −100 bp
| Date | Rate | Change |
|---|---|---|
| 1.75 % | hold | |
| 1.75 % | hold | |
| announced 23 Sep 2025 | 1.75 % | −25 bp |
| 2.00 % | hold | |
| announced 18 Jun 2025 | 2.00 % | −25 bp |
| 2.25 % | hold | |
| 2.25 % | hold | |
| announced 29 Jan 2025 | 2.25 % | −25 bp |
| 2.50 % | −25 bp |
2024net −125 bp
| Date | Rate | Change |
|---|---|---|
| 2.75 % | −50 bp | |
| 3.25 % | −25 bp | |
| 3.50 % | −25 bp | |
| 3.75 % | −25 bp |
2023net +150 bp
| Date | Rate | Change |
|---|---|---|
| 4.00 % | +25 bp | |
| 3.75 % | +25 bp | |
| 3.50 % | +50 bp | |
| 3.00 % | +50 bp |
2022net +250 bp
| Date | Rate | Change |
|---|---|---|
| 2.50 % | +75 bp | |
| 1.75 % | +100 bp | |
| 0.75 % | +50 bp | |
| 0.25 % | +25 bp |
2020net +25 bp
| Date | Rate | Change |
|---|---|---|
| 0.00 % | +25 bp |
2019net +25 bp
| Date | Rate | Change |
|---|---|---|
| -0.25 % | +25 bp |
Dates before 2021 are month precision (monthly BIS data).
Other rates in Europe
- Euro area · European Central Bank2.50 %
- United Kingdom · Bank of England3.75 %
- Switzerland · Swiss National Bank0.00 %
- Norway · Norges Bank4.50 %
- Czechia · Czech National Bank3.75 %
- Denmark · Danmarks Nationalbank2.10 %
- Hungary · Magyar Nemzeti Bank5.50 %
- Iceland · Central Bank of Iceland8.00 %
- North Macedonia · National Bank of the Republic of North Macedonia4.25 %
- Poland · Narodowy Bank Polski3.75 %
- Romania · National Bank of Romania6.50 %
- Russia · Bank of Russia14.00 %
- Serbia · National Bank of Serbia5.75 %
- Türkiye · Central Bank of the Republic of Türkiye36.00 %
Source: BIS central bank policy rates, Sveriges Riksbank. Latest observation 2 Nov 2026. Refreshed every 30 minutes.