Argentina Policy Rate

1985 - 2026 | Monthly | % | Central Bank of Argentina

Key information about Argentina Policy Rate

  • Argentina cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 28.28 % in Feb 2026, compared with 28.57 % in the previous Jan 2026.
  • Argentina Policy Rate averaged 5.04 % and is updated monthly, available from Jan 1985 to Feb 2026.
  • The data reached an all-time high of 1,010.56 % in May 1989 and a record low of 0.00 % in Jul 1990.




Related information about Argentina Policy Rate

  • In the latest reports, Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.80 % pa in Jul 2021.
  • Argentina Exchange Rate against USD averaged 1,429.57 (USD/ARS) in Nov 2025.
  • Its Real Effective Exchange Rate was 56.00 in Feb 2026.

View Argentina's Policy Rate from Jan 1985 to Feb 2026 in the chart:

Argentina Policy Rate

What was Argentina's Policy Rate in Feb 2026?

Argentina cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 28.28 % in Feb 2026, compared with 28.57 % in the previous Jan 2026. See the table below for more data.

Last Previous Min Max Unit Frequency Range
28.28 Feb 2026 28.57 Jan 2026 0.00 Jul 1990 1,010.56 May 1989 % monthly Jan 1985 - Feb 2026

Policy Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.50 Feb 2026 monthly Jan 2000 - Feb 2026
Algeria (% pa) 2.75 Feb 2026 monthly Jan 1963 - Feb 2026
Argentina (%) 28.28 Feb 2026 monthly Jan 1985 - Feb 2026
Armenia (% pa) 6.50 Feb 2026 monthly May 2001 - Feb 2026
Australia (% pa) 3.85 Feb 2026 monthly Aug 1990 - Feb 2026
Austria (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Azerbaijan (% pa) 6.50 Feb 2026 monthly Jan 2005 - Feb 2026
Bahrain (% pa) 4.50 Feb 2026 monthly Jan 2007 - Feb 2026
Bangladesh (% pa) 10.00 Jan 2026 monthly Sep 2009 - Jan 2026
Belarus (% pa) 9.75 Feb 2026 monthly Jul 1991 - Feb 2026
Belgium (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Bolivia (% pa) 3.41 Feb 2026 monthly Jan 2013 - Feb 2026
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 15.00 Jan 2026 monthly Mar 1999 - Jan 2026
Bulgaria (% pa) 1.81 Dec 2025 monthly Feb 1991 - Dec 2025
Canada (% pa) 2.25 Feb 2026 monthly Dec 1992 - Feb 2026
Chile (% pa) 4.50 Feb 2026 monthly May 1995 - Feb 2026
China (% pa) 1.40 Nov 2025 monthly May 2012 - Nov 2025
Colombia (% pa) 10.25 Feb 2026 monthly Apr 1995 - Feb 2026
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Czech Republic (% pa) 2.50 Feb 2026 monthly Jan 1993 - Feb 2026
Denmark (% pa) 1.60 Feb 2026 monthly Aug 1914 - Feb 2026
Ecuador (% pa) 7.54 Feb 2026 monthly Jul 1995 - Feb 2026
Egypt (% pa) 19.50 Feb 2026 monthly Jan 1991 - Feb 2026
Estonia (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
European Union (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Finland (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
France (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Georgia (% pa) 8.00 Feb 2026 monthly Jan 2008 - Feb 2026
Germany (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Ghana (% pa) 25.00 Nov 2025 monthly Nov 2002 - Nov 2025
Greece (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Hong Kong SAR, China (% pa) 4.00 Feb 2026 monthly Jun 1992 - Feb 2026
Hungary (% pa) 6.25 Feb 2026 monthly Oct 1990 - Feb 2026
Iceland (% pa) 8.00 Jan 2026 monthly Jan 1994 - Jan 2026
India (% pa) 5.25 Feb 2026 monthly Apr 2001 - Feb 2026
Indonesia (% pa) 4.75 Feb 2026 monthly Jun 2015 - Feb 2026
Ireland (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Israel (% pa) 4.00 Feb 2026 monthly Dec 1998 - Feb 2026
Italy (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) 0.50 Nov 2025 monthly Mar 2006 - Nov 2025
Jordan (% pa) 6.75 Jan 2026 monthly Dec 1965 - Jan 2026
Kazakhstan (% pa) 18.00 Feb 2026 monthly Feb 1992 - Feb 2026
Kenya (% pa) 8.75 Feb 2026 monthly Jul 2003 - Feb 2026
South Korea (% pa) 2.50 Feb 2026 monthly May 1999 - Feb 2026
Kosovo (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Kuwait (% pa) 3.50 Feb 2026 monthly Jul 1999 - Feb 2026
Kyrgyzstan (% pa) 11.00 Jan 2026 monthly Jan 1999 - Jan 2026
Laos (% pa) 8.50 Nov 2025 monthly Dec 1992 - Nov 2025
Latvia (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Lebanon (% pa) 20.00 Sep 2025 monthly Apr 1964 - Sep 2025
Lithuania (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Luxembourg (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Macau SAR, China (% pa) 4.00 Feb 2026 monthly Dec 1999 - Feb 2026
North Macedonia (% pa) 4.00 Feb 2026 monthly Jan 2002 - Feb 2026
Malawi (% pa) 26.00 Feb 2026 monthly Jan 1980 - Feb 2026
Malaysia (% pa) 2.75 Feb 2026 monthly Apr 2004 - Feb 2026
Malta (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Mauritius (% pa) 4.50 Feb 2026 monthly Dec 1999 - Feb 2026
Mexico (% pa) 7.00 Feb 2026 monthly Jan 2008 - Feb 2026
Moldova (% pa) 5.00 Feb 2026 monthly Feb 2001 - Feb 2026
Mongolia (% pa) 12.00 Feb 2026 monthly Jul 2007 - Feb 2026
Montenegro (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Morocco (% pa) 2.25 Feb 2026 monthly Jun 1995 - Feb 2026
Myanmar (% pa) 9.00 2025 yearly 1986 - 2025
Nepal (% pa) 5.75 Dec 2025 monthly Jul 2003 - Dec 2025
Netherlands (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
New Zealand (% pa) 2.25 Nov 2025 monthly Mar 1999 - Nov 2025
Nigeria (% pa) 26.50 Feb 2026 monthly Jan 2000 - Feb 2026
Norway (% pa) 4.00 Feb 2026 monthly Jan 1991 - Feb 2026
Oman (% pa) 4.25 Feb 2026 monthly May 2007 - Feb 2026
Pakistan (% pa) 11.50 Jan 2026 monthly Feb 1992 - Jan 2026
Paraguay (% pa) 5.50 Feb 2026 monthly Jul 2010 - Feb 2026
Peru (% pa) 4.25 Feb 2026 monthly Sep 2003 - Feb 2026
Philippines (% pa) 5.25 Nov 2025 monthly Jun 2016 - Nov 2025
Poland (% pa) 4.00 Jan 2026 monthly Jan 2005 - Jan 2026
Portugal (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Qatar (% pa) 4.35 Feb 2026 monthly Mar 2003 - Feb 2026
Romania (% pa) 6.50 Feb 2026 monthly Jan 2003 - Feb 2026
Russia (% pa) 15.50 Feb 2026 monthly Sep 2013 - Feb 2026
Saudi Arabia (% pa) 4.25 Feb 2026 monthly Jan 2000 - Feb 2026
Serbia (% pa) 5.75 Feb 2026 monthly Jan 2001 - Feb 2026
Singapore (% pa) 1.05 Nov 2025 monthly Jul 2005 - Nov 2025
Slovakia (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Slovenia (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
South Africa (% pa) 6.75 Feb 2026 monthly Nov 1999 - Feb 2026
Spain (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Sri Lanka (% pa) 7.25 Feb 2026 monthly Jan 1997 - Feb 2026
Sweden (% pa) 1.75 Feb 2026 monthly Jan 1987 - Feb 2026
Switzerland (% pa) -0.08 Feb 2026 monthly Jun 1999 - Feb 2026
Syria (% pa) 5.00 Jan 2026 monthly Jan 1962 - Jan 2026
Taiwan, China (% pa) 2.00 Nov 2025 monthly Jul 1961 - Nov 2025
Tajikistan (% pa) 7.50 Dec 2025 monthly Jun 1995 - Dec 2025
Thailand (% pa) 1.00 Feb 2026 monthly May 2000 - Feb 2026
Tunisia (% pa) 7.00 Feb 2026 monthly Jan 2000 - Feb 2026
Turkey (% pa) 37.00 Feb 2026 monthly Jun 1996 - Feb 2026
Ukraine (% pa) 15.00 Feb 2026 monthly Dec 1992 - Feb 2026
United Arab Emirates (% pa) 3.65 Feb 2026 monthly Nov 2007 - Feb 2026

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Consolidated Fiscal Balance (USD mn) 764.224 Jan 2026 monthly Jan 1993 - Jan 2026
Tax Revenue (USD mn) 7,868.887 Feb 2026 monthly Jan 1997 - Feb 2026
Tax Revenue: % of GDP (%) 14.0 Sep 2025 quarterly Mar 2004 - Sep 2025
National Government Debt (USD mn) 454,037.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Government Debt: % of GDP (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Forecast: Government Expenditure (ARS bn) 527,411.583 2030 yearly 1993 - 2030
Forecast: Government Net Debt (ARS bn) 935,916.833 2030 yearly 1992 - 2030
Forecast: Government Revenue (ARS bn) 540,015.956 2030 yearly 1993 - 2030
Government Revenue: Taxes: Net Vat (ARS mn) 5,405,500.663 Feb 2026 monthly Jan 1997 - Feb 2026
Government Revenue: Social Security (ARS mn) 4,284,520.427 Feb 2026 monthly Jan 1997 - Feb 2026
Public Debt: Medium & Long Term (USD mn) 411,082.876 Sep 2025 quarterly Dec 1997 - Sep 2025
NFPS 2017: Current Revenue (ARS mn) 13,473,378.400 Jan 2026 monthly Jan 2015 - Jan 2026
NFPS 2017: Current Expenditure (ARS mn) 13,268,225.600 Jan 2026 monthly Jan 2015 - Jan 2026
NFPS 2017: Capital Expenditure (ARS mn) 143,873.000 Jan 2026 monthly Jan 2015 - Jan 2026
NFPS 2017: Total Revenue (ARS mn) 14,517,257.600 Jan 2026 monthly Jan 2015 - Jan 2026
NFPS 2017: Total Expenditure (ARS mn) 13,412,098.600 Jan 2026 monthly Jan 2015 - Jan 2026
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 1,105,159.000 Jan 2026 monthly Jan 2015 - Jan 2026
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,569.0 Jan 2026 monthly Jan 1991 - Jan 2026
Total Exports (USD mn) 8,188.8 Jan 2026 monthly Jan 1991 - Jan 2026
Total Exports Growth (%) 9.3 Oct 2025 monthly Jan 1992 - Oct 2025
Aluminum: Exports (USD th) 2,077.905 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 468,925.080 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 58,673.181 2024 yearly 1995 - 2024
Total Imports (USD mn) 5,619.8 Jan 2026 monthly Jan 1991 - Jan 2026
Total Imports Growth (%) -9.0 Jan 2026 monthly Jan 1992 - Jan 2026
Imports: Medicament (USD th) 1,250,723.052 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,428,643.832 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 938.996 Jan 2026 monthly Dec 1995 - Jan 2026
Total Imports from USA (USD mn) 467.139 Jan 2026 monthly Dec 1995 - Jan 2026
Total Exports to China (USD mn) 401.350 Jan 2026 monthly Jan 2003 - Jan 2026
Total Imports from China (USD mn) 1,435.348 Jan 2026 monthly Apr 1983 - Jan 2026
Exports: ytd: America: United States (USD mn) 938.996 Jan 2026 monthly Dec 2002 - Jan 2026
Exports: ytd: Asia: China (USD mn) 401.350 Jan 2026 monthly Dec 2002 - Jan 2026
Motor Vehicle Export (Unit) 19,908.000 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: ytd: Asia: China (USD mn) 1,435.348 Jan 2026 monthly Dec 2002 - Jan 2026
Imports: ytd: America: United States (USD mn) 467.139 Jan 2026 monthly Dec 2002 - Jan 2026
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 637.6 Jun 2025 quarterly Mar 1992 - Jun 2025
Current Account Balance (USD mn) -1,580.8 Sep 2025 quarterly Mar 1976 - Sep 2025
Current Account Balance: % of GDP (%) -1.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment (USD mn) 4,248.0 Sep 2025 quarterly Mar 1977 - Sep 2025
Foreign Direct Investment: % of GDP (%) 2.5 Sep 2025 quarterly Mar 2004 - Sep 2025
Foreign Portfolio Investment (USD mn) -2,654.552 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -209.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -2,445.476 Sep 2025 quarterly Mar 1994 - Sep 2025
External Debt (USD mn) 305,042.7 Jun 2025 quarterly Mar 2006 - Jun 2025
External Debt: % of GDP (%) 43.5 2024 yearly 1994 - 2024
External Debt: Short Term (USD mn) 91,514.4 Sep 2025 quarterly Sep 2003 - Sep 2025
External Debt: Short Term: % of GDP (%) 13.1 2024 yearly 2003 - 2024
Forecast: Current Account Balance (USD bn) 2.531 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 30,322.646 Sep 2025 quarterly Mar 2016 - Sep 2025
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,242.361 Sep 2025 quarterly Mar 2006 - Sep 2025
BoP: Financial Account: Other Investments (USD mn) -2,097.655 Sep 2025 quarterly Mar 2006 - Sep 2025
BoP: FA: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -8.156 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 658.550 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) 197.715 Sep 2025 quarterly Mar 2017 - Sep 2025
Foreign Direct Investment: Mining & Quarrying (USD mn) 336.125 Sep 2025 quarterly Mar 2017 - Sep 2025
Foreign Direct Investment: Manufacturing (USD mn) 2,774.108 Sep 2025 quarterly Mar 2017 - Sep 2025
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 326.305 Sep 2025 quarterly Mar 2017 - Sep 2025
Foreign Direct Investment (USD mn) 4,248.043 Sep 2025 quarterly Mar 2017 - Sep 2025
AR: BOP: Financial Account: Portfolio Investment: Net (USD mn) 4,689.510 2024 yearly 1976 - 2024
AR: BOP: Net Errors and Omissions (USD mn) -4,468.784 2024 yearly 1976 - 2024
AR: BOP: Current Account: Personal Remittances: Paid (USD mn) 569.567 2024 yearly 1978 - 2024
AR: BOP: Current Account: Personal Remittances: Received (USD mn) 1,044.365 2024 yearly 1978 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Sep 2025 monthly Dec 2002 - Sep 2025
Household Debt: % of GDP (%) 6.6 Sep 2025 quarterly Dec 2004 - Sep 2025
Money Supply M1 (USD mn) 42,566.746 Dec 2025 monthly Jan 1990 - Dec 2025
Money Supply M2 (USD mn) 95,288.996 Dec 2025 monthly Jan 1990 - Dec 2025
M2 Growth (%) 36.9 Dec 2025 monthly Jan 1991 - Dec 2025
Reserve Requirement Ratio (%) 39.6 Jul 2025 monthly Apr 1985 - Jul 2025
Foreign Exchange Reserves (USD mn) 33,903.7 Jan 2026 monthly Dec 1956 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 4.714 Sep 2025 quarterly Dec 2004 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 4.3 Oct 2025 monthly Jan 1990 - Oct 2025
Gold Reserves (USD mn) 9,644.600 Jan 2026 monthly Dec 1956 - Jan 2026
Total Deposits (USD mn) 95,411.903 Feb 2026 monthly Jul 2002 - Feb 2026
Total Deposits Growth (%) 31.1 Feb 2026 monthly Jul 2003 - Feb 2026
Domestic Credit (USD mn) 227,327.9 Dec 2025 monthly Jan 1990 - Dec 2025
Domestic Credit Growth (%) 59.0 Dec 2025 monthly Jan 1991 - Dec 2025
Credit to Households (USD bn) 33.083 Jun 2025 quarterly Mar 1994 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 153.388 Jun 2025 quarterly Mar 1990 - Jun 2025
Household Debt (USD mn) 39,707.1 Dec 2025 monthly Dec 1999 - Dec 2025
Total Loans (USD mn) 241,568.482 Dec 2025 monthly Jan 1990 - Dec 2025
Total Loans Growth (%) 52.28 Dec 2025 monthly Jan 1991 - Dec 2025
Private Debt: % of Nominal GDP (%) 13.08 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply: Month End: M1 (ARS th) 61,934,615,574.000 Dec 2025 monthly Jan 1990 - Dec 2025
Money Supply: Month End: M3 (ARS th) 220,359,068,703.000 Dec 2025 monthly Jan 1990 - Dec 2025
Money Supply: Month End: M2 (ARS th) 138,645,489,246.000 Dec 2025 monthly Jan 1990 - Dec 2025
Official Reserve Assets (ORA) (USD mn) 44,503.120 Jan 2026 monthly Dec 1999 - Jan 2026
ORA: Foreign Currency Reserves (FCR) (USD mn) 33,903.740 Jan 2026 monthly Jul 2006 - Jan 2026
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) 9,644.600 Jan 2026 monthly Dec 1999 - Jan 2026
Deposits: ARS (ARS mn) 133,290,428.214 Feb 2026 monthly Jul 2002 - Feb 2026
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 6,906,037.464 Feb 2026 monthly Jul 2002 - Feb 2026
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.073 Feb 2026 monthly Jan 1985 - Feb 2026

More Indicators for Argentina

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