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Colombia raised its benchmark interest rate to 11.25% in February 2026, up from 10.25%, marking a continued tightening of monetary policy. The move, implemented and effective in February, reflects efforts by Colombian authorities to further restrain economic pressures. Both the previous and current rate decisions took place in the same month, indicating a relatively rapid adjustment of borrowing costs.
The one percentage point increase suggests a firm stance on maintaining restrictive financial conditions, with higher rates likely to influence credit costs for businesses and consumers. The updated data, current as of 31 March 2026, confirm that the 11.25% level is now the prevailing policy rate, signaling an extended period of elevated interest rates in Colombia’s economy.
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