Business credit interest rate, percent in Australia, October, 2020
For that indicator, we provide data for Australia from January 2000 to October 2020. The average value for Australia during that period was 8.12 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.
* indicates monthly or quarterly data series
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.