Japan Interest Rate
The overnight interbank rate, the closest market measure of the Bank of Japan's policy stance.
1.04%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full Japan economy18 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Interest Rate
Jul 1985 to Sep 2026
Source: FRED series IRSTCI01JPM156N · monthly average (OECD).
Japan Interest Rate in context
Worked out from the published series shown above.
In Japan, the interest rate rose by 0.57pp over the year to Sep 2026, from 0.48% in Sep 2025.
It is the highest reading since Jun 1995.
Over the past five years it has ranged from −0.07% in Dec 2022 to 1.04% in Sep 2026.
Its average since Jul 1985 is 1.24%, and the latest reading is below that.
Japan is 40th 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
- OECD via FRED
- Series
- IRSTCI01JPM156N
- Frequency
- Monthly
- Unit
- %
- Seasonal adjustment
- Not applicable, interest rates are not seasonally adjusted
- Latest observation
- Sep 2026
- Revision status
- Latest published estimate, subject to revision
Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.
More Japan indicators
Latest readings. Open any one for its full history.
Rankings
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