The benchmark interest rate In the Euro Area was last recorded at 0 percent. Interest Rate in the Euro Area averaged 1.90 percent from 1998 until 2019, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides the latest reported value for – Spain Interest Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.