Australia: Business credit interest rate

* indicates monthly or quarterly data series
 Australia

Business credit interest rate, percent

 Latest value 6.81
 Reference July 2022
 Measure percent
 Source Reserve Bank of Australia

For that indicator, we provide data for Australia from January 2000 to July 2022. The average value for Australia during that period was 7.94 percent with a minimum of 5.63 percent in September 2021 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.
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* indicates monthly or quarterly data series


Recent values


Longer historical series
Measure: percent
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.
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