* indicates monthly or quarterly data series

Business credit interest rate, percent in Canada

, July 2016 - February 2021: For that indicator, we provide data for Canada from July 2016 to February 2021. The average value for Canada during that period was 3.57 percent with a minimum of 2.95 percent in February 2021 and a maximum of 4.1 percent in December 2018. 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
from:
to:
Download as:
API
Measure: percent
Source: Bank of Canada

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.
This site uses cookies.
Learn more here


OK