Vanuatu: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 15.18 percent as of Q2 2024, an increase compared to the previous value of 14.76 percent. Historically, the average for Vanuatu from Q1 2003 to Q2 2024 is 14.67 percent. The minimum of 11.25 percent was recorded in Q4 2003, while the maximum of 17.33 percent was reached in Q3 2014. 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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  • Measure: percent
  • Source: Reserve Bank of Vanuatu

Recent values Vanuatu: Business credit interest rate, percent
2024  Q2 15.18
2024  Q1 14.76
2023  Q4 14.78
2023  Q3 14.95
2023  Q2 15.95
2023  Q1 14.88
2022  Q4 14
2022  Q3 14


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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 6.7 2022 percent
 Exchange rate regimes 6 2022 index points
 USD exchange rate 109.4335 6/2018 Local Currency Units per USD
 Money supply (broad money) 121.76 9/2024 billion
 Consumer Price Index (CPI) 206.2000 Q1/2024 index points
 Inflation, monthly 0.29 Q1/2024 percent
 Inflation, annual 5.31 Q1/2024 percent
 Private sector credit 68.12 9/2024 billion
 Business credit 29.02 9/2024 billion
 Household credit 39.10 9/2024 billion
 Deposit interest rate 1.55 Q2/2024 percent
 Business credit interest rate 15.18 Q2/2024 percent
 Mortgage credit interest rate 16.25 Q2/2024 percent
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