Discount Rate
The Discount Rate is the interest rate charged by the central bank when providing liquidity to financial institutions through rediscount operations. As a policy-related rate, it signals the cost of short-term central bank funding to the banking system and is widely used to interpret monetary conditions. This financial-markets indicator is part of the Latin Macro Watch (LMW) dataset published by the Inter-American Development Bank (IDB) on data.iadb.org, supporting interest-rate and monetary-policy analysis across Latin America and the Caribbean.
Coverage
Data are available for 2 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering 1990 to 2026. The rate is reported in nominal terms and in real terms, each available end-of-period and average-of-period.
Sources
Figures are compiled from official national authorities — the Central Bank of The Bahamas and the Algemeen Bureau voor de Statistiek in Suriname — and harmonized by the IDB for cross-country comparability.
Metadata & use
| Format | CSV |
|---|---|
| Language | en |
| Country |
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
|
| Data notes |
What does the Discount Rate indicator measure?It measures the interest rate charged by the central bank when providing liquidity to financial institutions through rediscount operations, reflecting the cost of short-term central bank funding to the banking system. How many countries and which frequencies and period are covered?The indicator covers 2 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, spanning 1990 to 2026. In what units is the Discount Rate reported?The rate is reported in nominal terms and in real terms, each available end-of-period and average-of-period. Where does the data come from?Data are compiled from official national authorities — the Central Bank of The Bahamas and the Algemeen Bureau voor de Statistiek in Suriname — and then harmonized by the IDB. What are typical uses of this indicator?Analysts and researchers use it to interpret monetary policy stance, study the cost of central bank liquidity, and compare interest-rate conditions across Latin American and Caribbean economies. How do I cite this indicator?Cite as: Inter-American Development Bank (IDB), Latin Macro Watch — "Discount Rate". data.iadb.org/dataset/latin-macro-watch-dataset. |