Japan Interest Rate

Japan Benchmark Rate Holds at 1%

Brief · Published 2026-08-31 · Data period 2026-08-31

This brief was generated automatically from the published data; no human byline is attached. Read the methodology.

Japan's benchmark interest rate held at 1% in August, unchanged from July. The rate has been at 1% since June, following an increase from 0.75% in May. It stands 0.5 percentage point above its year-ago level of 0.5%. The current rate is well below the all-time high of 9% recorded in July 1980 and far above the record low of -0.1% from February 2024, according to Bank for International Settlements.

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Source & methodology

Data source: Bank for International Settlements.

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