Business credit interest rate, percent in Latvia, June, 2020
For that indicator, we provide data for Latvia from January 2004 to June 2020. The average value for Latvia during that period was 4.06 percent with a minimum of 2.56 percent in February 2017 and a maximum of 7.62 percent in August 2008.
Click on the following link to see the values of Business credit interest rate, percent
around the world.
* indicates monthly or quarterly data series
Source: Bank of Latvia
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.