Calculate basis points from percentages, convert bps to percent, or find the rate change between two rates in bps and decimal equivalents.

Basis Points Calculator

Pick what you want to do, enter one or two numbers, press Calculate.

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How this is calculated ▾

BPS Formula

The following equation can be used to calculate basis points (bps) from a percentage expressed in percent units (for example, use 2 for 2%).

\mathrm{BPS} = P \times 100
  • BPS is the basis points (bps)
  • P is the percentage expressed in percent units (e.g., 2% is entered as 2)
  • If your percentage is expressed as a decimal (e.g., 0.02 for 2%), then BPS = decimal × 10,000

To convert a percentage to basis points, multiply the percentage (in percent units) by 100.

BPS Definition

BPS, short for basis points, is a term used to describe one hundredth of a percentage point. That is, 1 basis point = 0.01% (which equals 0.0001 in decimal form).

Basis Points Example

How to calculate basis points

  1. First, determine the percentage amount

    This should be in the decimal form of the percentage. For example, 50% would be 0.50.

  2. Next, calculate the basis points

    Multiply the decimal value from step one by 10,000 to get your basis points (for example, 0.50 × 10,000 = 5,000 bps).

FAQ

What is a basis point?

A basis point (bp) is one hundredth of a percentage point, equal to 0.01% (0.0001 in decimal form).

What are basis points used for?

Basis points are commonly used in finance to describe small changes or differences in interest rates, yields, spreads, fees, and other percentages (for example, a change from 5.00% to 5.25% is an increase of 25 bps).