Albania: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 6.79 percent as of December 2022, a decline compared to the previous value of 7.27 percent. Historically, the average for Albania from December 2015 to December 2022 is 6.4 percent. The minimum of 4.71 percent was recorded in April 2017, while the maximum of 8.86 percent was reached in August 2016. Click on the following link to see the values of: Business credit interest rate around the world.
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Recent values Albania: Business credit interest rate, percent
2022  Dec 6.79
2022  Nov 7.27
2022  Oct 6.81
2022  Sep 6.44
2022  Aug 6.27
2022  Jul 5.75
2022  Jun 5.55
2022  May 5.98


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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest Reference Measure
 Inflation 6.7 2022 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 90.5517 10/2024 Local Currency Units per USD
 Money supply (broad money) 991.56 9/2024 billion
 Consumer Price Index (CPI) 117.5051 9/2024 index points
 Inflation, monthly 0.63 9/2024 percent
 Inflation, annual 1.91 9/2024 percent
 Private sector credit 773.60 9/2024 billion
 Business credit 460.49 9/2024 billion
 Household credit 313.11 9/2024 billion
 Mortgage credit 200.63 9/2024 billion
 Consumer credit 112.48 9/2024 billion
 Deposit interest rate 1.13 12/2022 percent
 Business credit interest rate 6.79 12/2022 percent
 Mortgage credit interest rate 4.53 12/2022 percent
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