Australia: Business credit interest rate
(measure: percent, source: Reserve Bank of Australia)
* indicates monthly or quarterly data series
Business credit interest rate, percent in Australia
, January 2000 - March 2021: For that indicator, we provide data for Australia from January 2000 to March 2021. The average value for Australia during that period was 8.07 percent with a minimum of 5.77 percent in July 2020 and a maximum of 10.83 percent in July 2008. Click on the following link to see the values of Business credit interest rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series
Measure: percent
Source: Reserve Bank of Australia
Source: Reserve Bank of Australia
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.