
Germany: Business credit interest rate
* indicates monthly or quarterly data series
Germany |
Business credit interest rate, percent |
---|---|
Latest value | 2.85 |
Reference | December 2022 |
Measure | percent |
Source | Deutsche Bundesbank |
For that indicator, we provide data for Germany from January 2003 to December 2022. The average value for Germany during that period was 3.44 percent with a minimum of 1.65 percent in January 2022 and a maximum of 5.81 percent in September 2008.
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Measure: percent
Source: Deutsche Bundesbank
Source: Deutsche Bundesbank
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.