Germany Interest Rate

The European Central Bank's key interest rate, the anchor for borrowing costs across the euro area, including Germany.

2.50%

No change vs Oct 2026

Nov 2026 · Monthly data

Not applicable, interest rates are not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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Interest Rate

Jan 1999 to Nov 2026

Source: FRED series ECBDFR · end-of-month value.

Germany Interest Rate in context

Worked out from the published series shown above.

In Germany, the interest rate rose by 0.50pp over the year to Nov 2026, from 2.00% in Nov 2025.

Over the past five years it has ranged from −0.50% in Nov 2021 to 4.00% in Sep 2023.

Its average since Jan 1999 is 1.11%, and the latest reading is above that.

Germany is 33rd of 40 countries in our Interest Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
ECB via FRED
Series
ECBDFR
Frequency
Monthly
Unit
%
Seasonal adjustment
Not applicable, interest rates are not seasonally adjusted
Latest observation
Nov 2026
Revision status
Latest published estimate, subject to revision

This is the deposit facility rate specifically, one of the ECB's three main policy rates.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

More Germany indicators

Latest readings. Open any one for its full history.

Rankings

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