Albania: Business credit interest rate

* indicates monthly or quarterly data series
 Albania

Business credit interest rate, percent

 Latest value 6.79
 Reference December 2022
 Measure percent
 Data availability December 2015 - December 2022
 Average 6.4
 Min - Max 4.71 - 8.86
 Source Bank of Albania
For that indicator, we provide data for Albania from December 2015 to December 2022. The average value for Albania during that period was 6.4 percent with a minimum of 4.71 percent in April 2017 and a maximum of 8.86 percent in August 2016. Click on the following link to see the values of Business credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Albania - Business credit interest rate - recent values

Historical chart
Albania - Business credit interest rate - historical chart - 2015-2022
Measure: percent
Source: Bank of Albania


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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 value Reference Measure
 Inflation 6.7 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 100.0940 9/2023 Local Currency Units per USD
 Money supply (broad money) 936.21 9/2023 billion
 Consumer Price Index (CPI) 115.2993 9/2023 index points
 Inflation, monthly 0.69 9/2023 percent
 Inflation, annual 4.05 9/2023 percent
 Private sector credit 688.03 9/2023 billion
 Business credit 407.60 9/2023 billion
 Household credit 280.43 9/2023 billion
 Mortgage credit 176.88 9/2023 billion
 Consumer credit 103.54 9/2023 billion
 Deposit interest rate 0.92 9/2022 percent
 Business credit interest rate 6.44 9/2022 percent
 Mortgage credit interest rate 4.37 9/2022 percent
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