Denmark Interest Rate
Aug 2026 · Monthly
Denmark's policy benchmark interest rate held at 1.85% in August 2026, unchanged from July 2026. The rate has been at 1.85% since June 2026, when it rose from 1.60%, a level that had held for the prior ten months. The all-time high was 15% in November 1992 and the all-time low was -0.75% in February 2020, according to the Bank for International Settlements.
source: Bank for International Settlements
Denmark's policy interest rate stood at 1.85% in August 2026, unchanged from the previous month. The rate remains well below the all-time high of 15% recorded in November 1992 and above the record low of -0.75% from February 2020. The series dates back to January 1946.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.9% | 1.9% | 15.0%Nov 1992 | -0.8%Feb 2020 | 1946 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Exchange Rate | 6.45 per USD | 6.55 per USD | 11.83 per USD | 4.73 per USD | Aug 2026 | Monthly |
| Inflation Rate | 1.7% | 1.9% | 16.8% | -0.1% | Jul 2026 | Monthly |
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About this series
Interest Rate in Denmark averaged 2.8% from 1946 until 2026, reaching an all-time high of 15.0% in Nov 1992 and a record low of -0.8% in Feb 2020. The series is reported monthly with history from 1946.
The policy or benchmark interest rate is the rate set by the central bank to influence monetary conditions in Denmark. It is expressed as an annual percentage and reported on a monthly basis. The series spans from January 1946 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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