Argentina: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 45.08 percent as of September 2024, an increase compared to the previous value of 43.26 percent. Historically, the average for Argentina from January 2002 to September 2024 is 30.2 percent. The minimum of 10.89 percent was recorded in January 2005, while the maximum of 118.34 percent was reached in December 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Argentina
Recent values | Argentina: Business credit interest rate, percent |
---|---|
2024  Sep | 45.08 |
2024  Aug | 43.26 |
2024  Jul | 42.9 |
2024  Jun | 43.47 |
2024  May | 52.44 |
2024  Apr | 76.51 |
2024  Mar | 95.69 |
2024  Feb | 106.36 |
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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 |
---|---|---|---|
Exchange rate regimes | 5 | 2022 | index points |
USD exchange rate | 999.5293 | 11/2024 | Local Currency Units per USD |
Money supply (broad money) | 98,630.37 | 9/2024 | billion |
Consumer Price Index (CPI) | 7,263.1269 | 10/2024 | index points |
Inflation, monthly | 2.70 | 10/2024 | percent |
Inflation, annual | 193.03 | 10/2024 | percent |
Private sector credit | 48,619.36 | 9/2024 | billion |
Business credit | 27,169.08 | 9/2024 | billion |
Household credit | 21,450.28 | 9/2024 | billion |
Mortgage credit | 540.99 | 9/2024 | billion |
Consumer credit | 20,909.28 | 9/2024 | billion |
Deposit interest rate | 38.04 | 9/2024 | percent |
Business credit interest rate | 45.08 | 9/2024 | percent |
Mortgage credit interest rate | 29.28 | 9/2024 | percent |
Policy rate | 40.00 | 10/2024 | percent |
Household debt to GDP | 3.50 | 3/2024 | percent |