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, May, 2019:
For that indicator, Reserve Bank of Australia provides data for Australia from 2000 to 2019. The average value for Australia during that period was 8.26 percent with a minumum of 7.16 percent in December 2016 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.
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.
