Chile Tasa de Política Monetaria (TPM)
Chile Tasa de Política Monetaria (TPM) is 4.5 percent, in force since 16 Dec 2025. It was 4.75 percent before that. Last checked against the official source on 10 Aug 2026.
Banco Central de Chile Tasa de Política Monetaria (Monetary Policy Rate), set at each Reunión de Política Monetaria (RPM).
Compare policy interest rate across all 22 Latin American countries →
| Current value | 4.5 percent |
|---|---|
| In force from | 2025-12-16 |
| Official source | Banco Central de Chile — Comunicado RPM junio 2026 (mantiene TPM en 4,5%, decisión unánime) |
| Last verified | 2026-08-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Cut 25bps to 4.5% at the December 2025 RPM (16 Dec 2025) — the lowest level in nearly four years — then held unanimously at the January (27 Jan), March (24 Mar), April (28 Apr) and June (16 Jun 2026) meetings. The Board states the future path will be evaluated meeting by meeting. The RPM of 27-28 July 2026 HELD the TPM at 4.5% by unanimous vote (comunicado RPM julio 2026: 'decided to hold the monetary policy interest rate at 4.5%'). Next RPM: Tuesday 8 September 2026, per the comunicado.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-07-29 | 4.75 | Banco Central de Chile — Comunicado RPM julio 2025 (recorte… |
| 2024-12-17 | 5 | Banco Central de Chile — RPM diciembre 2024 (TPM en 5,0%… |
| 2024-10-18 | 5.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-09-04 | 5.5 | Bank for International Settlements - Central Bank Policy… |
| 2024-06-19 | 5.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-05-24 | 6 | Bank for International Settlements - Central Bank Policy… |
| 2024-04-03 | 6.5 | Bank for International Settlements - Central Bank Policy… |
| 2024-02-01 | 7.25 | Bank for International Settlements - Central Bank Policy… |
| 2023-12-20 | 8.25 | Bank for International Settlements - Central Bank Policy… |
| 2023-10-30 | 9 | Bank for International Settlements - Central Bank Policy… |
| 2023-09-06 | 9.5 | Bank for International Settlements - Central Bank Policy… |
| 2023-07-31 | 10.25 | Bank for International Settlements - Central Bank Policy… |
Get it programmatically
curl https://latamref.dev/v1/cl/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/cl/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/cl/policy-rate
Other Chile series: Statutory legal interest (interés corriente) · IVA tasa general · VAT registration threshold · Ingreso Mínimo Mensual (IMM) · Feriados legales · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Personal income tax brackets · Statutory social-insurance contributions
The same figure elsewhere: Colombia · Costa Rica · Dominican Republic · Ecuador · El Salvador · all 22