Poland interest rate: National Bank of Poland policy rate
The National Bank of Poland policy rate is 3.75%, in force since Mar 5, 2026. Source: Bank for International Settlements, data to Oct 27, 2026. Cut from 4.00% on Mar 5, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Mar 5, 2026 | 3.75% | -0.25 |
| Dec 4, 2025 | 4.00% | -0.25 |
| Nov 6, 2025 | 4.25% | -0.25 |
| Oct 9, 2025 | 4.50% | -0.25 |
| Sep 4, 2025 | 4.75% | -0.25 |
| Jul 3, 2025 | 5.00% | -0.25 |
| May 8, 2025 | 5.25% | -0.50 |
| Oct 5, 2023 | 5.75% | -0.25 |
| Sep 7, 2023 | 6.00% | -0.75 |
| Sep 8, 2022 | 6.75% | +0.25 |
| Jul 8, 2022 | 6.50% | +0.50 |
| Jun 9, 2022 | 6.00% | +0.75 |
| May 6, 2022 | 5.25% | +0.75 |
| Apr 7, 2022 | 4.50% | +1.00 |
| Mar 9, 2022 | 3.50% | +0.75 |
| Feb 9, 2022 | 2.75% | +0.50 |
| Jan 5, 2022 | 2.25% | +0.50 |
| Dec 9, 2021 | 1.75% | +0.50 |
| Nov 4, 2021 | 1.25% | +0.75 |
| Oct 7, 2021 | 0.50% | +0.40 |
| May 29, 2020 | 0.10% | -0.40 |
| Apr 9, 2020 | 0.50% | -0.50 |
| Mar 18, 2020 | 1.00% | -0.50 |
| Jan 4, 2016 | 1.50% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Poland?
The National Bank of Poland policy rate is 3.75% (since Mar 5, 2026).
When did the National Bank of Poland last change its policy rate?
On Mar 5, 2026, from 4.00% to 3.75%.
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