Sweden interest rate: Sveriges Riksbank policy rate
The Sveriges Riksbank policy rate is 1.75%, in force since Oct 1, 2025. Source: Bank for International Settlements, data to Oct 27, 2026. Cut from 2.00% on Oct 1, 2025.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Oct 1, 2025 | 1.75% | -0.25 |
| Jun 25, 2025 | 2.00% | -0.25 |
| Feb 5, 2025 | 2.25% | -0.25 |
| Jan 8, 2025 | 2.50% | -0.25 |
| Nov 13, 2024 | 2.75% | -0.50 |
| Oct 2, 2024 | 3.25% | -0.25 |
| Aug 21, 2024 | 3.50% | -0.25 |
| May 15, 2024 | 3.75% | -0.25 |
| Sep 27, 2023 | 4.00% | +0.25 |
| Jul 5, 2023 | 3.75% | +0.25 |
| May 3, 2023 | 3.50% | +0.50 |
| Feb 15, 2023 | 3.00% | +0.50 |
| Nov 30, 2022 | 2.50% | +0.75 |
| Sep 21, 2022 | 1.75% | +1.00 |
| Jul 6, 2022 | 0.75% | +0.50 |
| May 4, 2022 | 0.25% | +0.25 |
| Jan 8, 2020 | 0.00% | +0.25 |
| Jan 9, 2019 | -0.25% | +0.25 |
| Feb 17, 2016 | -0.50% | -0.15 |
| Jan 4, 2016 | -0.35% | — |
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 Sweden?
The Sveriges Riksbank policy rate is 1.75% (since Oct 1, 2025).
When did the Sveriges Riksbank last change its policy rate?
On Oct 1, 2025, from 2.00% to 1.75%.
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