Canada Short Term Interest Rate
1993 - 2025 | Monthly | % pa | Bank of Canada
Key information about Canada Short Term Interest Rate
- Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025, compared with 2.85 % pa in the previous month.
- Canada Short Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
- The data reached an all-time high of 8.30 % pa in Mar 1995 and a record low of 0.06 % pa in Nov 2021.
- Short Term Interest Rate is reported by reported by Bank of Canada.
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Related information about Canada Short Term Interest Rate
- In the latest reports, Canada Government Benchmark Bonds Yield: Month End: 10 Years was reported at 2.90 % pa in Feb 2025.
- The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025.
- Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.
View Canada's Short Term Interest Rate from Jan 1993 to Feb 2025 in the chart:
What was Canada's Short Term Interest Rate in Feb 2025?
Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025, compared with 2.85 % pa in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.82 Feb 2025 | 2.85 Jan 2025 | 0.06 Nov 2021 | 8.30 Mar 1995 | % pa | monthly | Jan 1993 - Feb 2025 |
Short Term Interest Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 3.05 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
| Algeria (% pa) | 1.18 Mar 2024 | monthly | Jun 2006 - Mar 2024 |
| Argentina (% pa) | 31.80 Jul 2021 | monthly | Jan 1999 - Jul 2021 |
| Armenia (% pa) | 10.37 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Australia (% pa) | 4.12 Feb 2025 | monthly | Jun 1969 - Feb 2025 |
| Austria (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Azerbaijan (% pa) | 7.50 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Bahrain (% pa) | 5.12 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Bangladesh (% pa) | 6.63 May 2023 | monthly | Sep 2003 - May 2023 |
| Belarus (% pa) | 14.00 Feb 2025 | monthly | Apr 2003 - Feb 2025 |
| Belgium (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Bolivia (% pa) | 6.35 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
| Botswana (% pa) | 2.71 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Bulgaria (% pa) | -0.05 Jun 2018 | monthly | Feb 2003 - Jun 2018 |
| Cambodia (% pa) | 1.15 Feb 2025 | monthly | Dec 2016 - Feb 2025 |
| Canada (% pa) | 2.82 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| China (% pa) | 1.92 Feb 2025 | monthly | Oct 2006 - Feb 2025 |
| Colombia (% pa) | 13.02 Jun 2023 | monthly | Jan 1986 - Jun 2023 |
| Croatia (% pa) | 0.39 Dec 2019 | monthly | Sep 2002 - Dec 2019 |
| Cyprus (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Czech Republic (% pa) | 3.73 Feb 2025 | monthly | Apr 1992 - Feb 2025 |
| Denmark (% pa) | -0.43 Sep 2019 | monthly | Jun 1988 - Sep 2019 |
| Ecuador (% pa) | 4.64 May 2023 | monthly | Apr 2000 - May 2023 |
| Egypt (% pa) | 27.54 Feb 2025 | monthly | Jan 2001 - Feb 2025 |
| Estonia (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| European Union (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Finland (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| France (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Georgia (% pa) | 7.45 Feb 2025 | monthly | Feb 2008 - Feb 2025 |
| Germany (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Ghana (% pa) | 27.73 Dec 2024 | monthly | Aug 1996 - Dec 2024 |
| Greece (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Hong Kong SAR, China (% pa) | 4.01 Feb 2025 | monthly | Jul 1996 - Feb 2025 |
| Hungary (% pa) | 6.50 Jan 2025 | monthly | Aug 1996 - Jan 2025 |
| Iceland (% pa) | 8.31 Jan 2025 | monthly | Aug 1998 - Jan 2025 |
| India (% pa) | 7.14 May 2023 | monthly | Sep 2015 - May 2023 |
| Indonesia (% pa) | 6.76 May 2023 | monthly | Dec 1995 - May 2023 |
| Ireland (% pa) | 1.72 Dec 2021 | monthly | Dec 1998 - Dec 2021 |
| Israel (% pa) | 4.50 Feb 2025 | monthly | Mar 2007 - Feb 2025 |
| Italy (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Japan (% pa) | 0.79 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
| Jordan (% pa) | 7.34 Feb 2025 | monthly | Aug 2005 - Feb 2025 |
| Kazakhstan (% pa) | 10.50 Nov 2020 | monthly | Jul 2000 - Nov 2020 |
| Kenya (% pa) | 13.06 Nov 2024 | monthly | Jul 1991 - Nov 2024 |
| South Korea (% pa) | 2.89 Feb 2025 | monthly | Jul 2004 - Feb 2025 |
| Kosovo (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Kuwait (% pa) | 3.94 Feb 2025 | monthly | Nov 2001 - Feb 2025 |
| Latvia (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Lebanon (% pa) | 79.65 Nov 2024 | monthly | Mar 1972 - Nov 2024 |
| Lithuania (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Luxembourg (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Macau SAR, China (% pa) | 4.97 Jun 2023 | monthly | Jun 1988 - Jun 2023 |
| North Macedonia (% pa) | 4.38 Jan 2025 | monthly | Jul 2007 - Jan 2025 |
| Malawi (% pa) | 16.00 Jan 2025 | monthly | Jan 1983 - Jan 2025 |
| Malaysia (% pa) | 3.66 Feb 2025 | monthly | Jan 1988 - Feb 2025 |
| Malta (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Mauritius (% pa) | 4.02 Jan 2025 | monthly | Apr 1998 - Jan 2025 |
| Mexico (% pa) | 9.83 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
| Moldova (% pa) | 10.13 Feb 2025 | monthly | Dec 2005 - Feb 2025 |
| Montenegro (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Morocco (% pa) | 2.50 Feb 2025 | monthly | Jan 1995 - Feb 2025 |
| Mozambique (% pa) | 13.40 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| Myanmar (% pa) | 4.00 2023 | yearly | 1986 - 2023 |
| Nepal (% pa) | 2.86 Feb 2025 | monthly | Feb 1993 - Feb 2025 |
| Netherlands (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| New Zealand (% pa) | 5.71 Jun 2023 | monthly | Jan 1985 - Jun 2023 |
| Nigeria (% pa) | 27.36 Feb 2025 | monthly | Jan 2010 - Feb 2025 |
| Norway (% pa) | 1.77 Jan 2020 | monthly | Jan 1986 - Jan 2020 |
| Oman (% pa) | 0.00 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Pakistan (% pa) | 22.91 Jun 2023 | monthly | Nov 2004 - Jun 2023 |
| Panama (% pa) | 4.65 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
| Philippines (% pa) | 5.21 Feb 2025 | monthly | Jan 1975 - Feb 2025 |
| Poland (% pa) | 5.86 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Portugal (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Qatar (% pa) | 4.67 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
| Romania (% pa) | 5.93 Feb 2025 | monthly | Aug 1995 - Feb 2025 |
| Russia (% pa) | 9.71 Jul 2023 | monthly | Aug 2000 - Jul 2023 |
| Saudi Arabia (% pa) | 5.40 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Serbia (% pa) | 4.70 Feb 2025 | monthly | Aug 2005 - Feb 2025 |
| Singapore (% pa) | 3.30 Nov 2024 | monthly | Oct 1995 - Nov 2024 |
| Slovakia (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Slovenia (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| South Africa (% pa) | 7.41 Feb 2025 | monthly | Dec 1980 - Feb 2025 |
| Spain (% pa) | -0.57 Nov 2021 | monthly | Dec 1998 - Nov 2021 |
| Sri Lanka (% pa) | 6.96 Jun 2020 | monthly | Jul 2000 - Jun 2020 |
| Sweden (% pa) | 0.03 Jul 2020 | monthly | Jan 1987 - Jul 2020 |
| Switzerland (% pa) | 0.37 Feb 2025 | monthly | Jul 1999 - Feb 2025 |
| Taiwan (% pa) | 1.68 Nov 2024 | monthly | Oct 2005 - Nov 2024 |
| Thailand (% pa) | 2.15 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
| Turkey (% pa) | 16.01 Jun 2022 | monthly | Aug 2002 - Jun 2022 |
| Ukraine (% pa) | 4.42 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| United Arab Emirates (% pa) | 4.20 Feb 2025 | monthly | Oct 2009 - Feb 2025 |
| United Kingdom (% pa) | 0.09 Apr 2021 | monthly | Jan 1986 - Apr 2021 |
| United States (% pa) | 4.20 Feb 2025 | monthly | Jan 1954 - Feb 2025 |
| Uruguay (% pa) | 9.58 Feb 2025 | monthly | Sep 2002 - Feb 2025 |
| Venezuela (% pa) | 43.78 Jun 2023 | monthly | Jan 1998 - Jun 2023 |
| Vietnam (% pa) | 5.50 Feb 2025 | monthly | Jul 2004 - Feb 2025 |
| Yemen (% pa) | 16.07 Jan 2015 | monthly | Dec 1995 - Jan 2015 |
| Zambia (% pa) | 10.10 Apr 2023 | monthly | Jan 2006 - Apr 2023 |
Canada Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2024 | quarterly | Jun 1993 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Tax Revenue (USD mn) | 26,706.675 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 13.0 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| National Government Debt (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 69.4 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,472.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 1,002.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 38,049.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Budgetary Revenue (CAD mn) | 44,335.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Expense (CAD mn) | -43,333.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
| Net Financing Activities (CAD mn) | 18,326.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 2,760.8 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports (USD mn) | 51,751.0 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports Growth (%) | 20.3 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 8,523,307.384 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,163,157.014 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 48,990.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports Growth (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Imports: Medicament (USD th) | 11,834,156.934 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 7,945,480.562 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 40,444.298 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports from USA (USD mn) | 30,440.336 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Exports to China (USD mn) | 2,133.435 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Imports from China (USD mn) | 3,731.323 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Household Debt: % of GDP (%) | 99.0 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply M1 (USD mn) | 1,118,688.194 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply M2 (USD mn) | 1,832,025.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| M2 Growth (%) | 6.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 91,801.0 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.192 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 4,370,496.703 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| Total Deposits Growth (%) | 6.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Domestic Credit (USD mn) | 4,531,668.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Domestic Credit Growth (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Debt Service Ratio: Households (%) | 14.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 2,245.143 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 4,889.449 Sep 2024 | quarterly | Mar 1954 - Sep 2024 |
| Household Debt (USD mn) | 2,110,945.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans (USD mn) | 3,076,370.833 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans Growth (%) | 3.38 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 212.62 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Official International Reserves (USD mn) | 119,595.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.8 Feb 2025 | monthly | Dec 2001 - Feb 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
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