El Salvador: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 8.79 percent as of December 2024, a decline compared to the previous value of 9.39 percent. Historically, the average for El Salvador from June 2009 to December 2024 is 7.26 percent. The minimum of 5.7 percent was recorded in April 2012, while the maximum of 10.72 percent was reached in August 2024. Click on the following link to see the values of: Business credit interest rate around the world.
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* indicates monthly or quarterly data series

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Recent values El Salvador: Business credit interest rate, percent
2024  Dec 8.79
2024  Nov 9.39
2024  Oct 9.29
2024  Sep 9.57
2024  Aug 10.72
2024  Jul 9.35
2024  Jun 9.19
2024  May 9.16


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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.

 Related indicators Latest Reference Measure
 Inflation 4.0 2023 percent
 Exchange rate regimes 1 2022 index points
 USD exchange rate 1.0000 1/2025 Local Currency Units per USD
 Money supply (broad money) 19.44 12/2024 billion
 Consumer Price Index (CPI) 130.1600 1/2025 index points
 Inflation, monthly 0.35 1/2025 percent
 Inflation, annual 0.31 1/2025 percent
 Private sector credit 18.20 12/2024 billion
 Business credit 8.55 12/2024 billion
 Household credit 9.66 12/2024 billion
 Mortgage credit 3.03 12/2024 billion
 Consumer credit 6.63 12/2024 billion
 Deposit interest rate 5.96 12/2024 percent
 Business credit interest rate 8.79 12/2024 percent
 Mortgage credit interest rate 7.78 12/2024 percent
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