Business credit interest rate by country: the latest data

Countries	Latest value	Reference	Three months ago	One year ago
Albania	6.79	Dec / 2022	6.44	5.57
Angola	16.35	Sep / 2023	15.56	18.83
Antigua and Barbuda	11.63	Dec / 2020	11.63	10.88
Argentina	104.19	Sep / 2023	86.03	61.58
Armenia	11.91	Sep / 2023	11.74	11.66
Aruba	6.20	Q2 / 2023	6.00	6.30
Australia	9.63	Jul / 2023	9.23	6.88
Austria	5.08	Sep / 2023	4.64	2.10
Azerbaijan	10.15	Sep / 2023	10.13	10.14
Bahrain	8.52	Sep / 2023	5.06	5.94
Bangladesh	7.31	Jun / 2023	7.31	7.09
Belarus	13.04	Jan / 2022	13.26	11.15
Belgium	3.77	Sep / 2023	3.49	1.84
Benin	7.22	Sep / 2023	7.39	7.21
Bosnia and Herzegovina	4.81	Sep / 2023	4.88	4.15
Botswana	6.76	Sep / 2022	6.26	5.25
Brazil	19.70	Sep / 2023	19.89	19.42
Bulgaria	3.83	Sep / 2023	3.66	2.73
Burkina Faso	7.55	Sep / 2023	7.95	5.55
Canada	6.02	Jun / 2023	5.84	3.59
Chile	14.28	Sep / 2023	15.80	14.54
Croatia	3.98	Sep / 2023	3.60	2.33
Cyprus	5.95	Sep / 2023	5.66	3.65
Czechia	7.42	Sep / 2023	7.40	7.28
Denmark	5.68	Sep / 2023	5.26	2.74
Dominica	11.00	Dec / 2020	11.00	10.88
Egypt	19.10	Sep / 2023	18.10	10.50
El Salvador	9.69	Sep / 2023	8.73	7.56
Estonia	6.49	Sep / 2023	6.05	3.72
Euro area	3.53	Jun / 2023	3.10	1.65
Finland	4.18	Jun / 2023	3.44	1.28
France	4.51	Sep / 2023	4.33	2.18
Germany	4.20	Sep / 2023	3.89	2.14
Greece	6.40	Sep / 2023	6.11	3.52
Grenada	9.88	Dec / 2020	9.88	10.25
Guinea-Bissau	10.31	Sep / 2023	9.54	7.13
Hungary	9.52	Sep / 2023	9.72	8.49
Indonesia	8.92	Sep / 2023	8.88	8.32
Ireland	5.56	Sep / 2023	5.22	3.21
Italy	5.12	Sep / 2023	4.58	2.09
Ivory Coast	6.03	Sep / 2023	6.20	5.55
Jamaica	9.72	Jul / 2023	9.69	9.09
Kazakhstan	18.96	Jun / 2023	18.81	15.76
Latvia	6.35	Sep / 2023	5.87	3.01
Lithuania	6.34	Sep / 2023	5.88	3.14
Luxembourg	4.37	Sep / 2023	3.96	1.86
North Macedonia	4.94	Sep / 2023	4.48	3.61
Mali	6.92	Sep / 2023	6.38	7.21
Malta	4.60	Sep / 2023	4.77	3.97
Moldova	10.88	Sep / 2023	12.05	12.43
Montenegro	4.98	Sep / 2023	4.87	3.96
Montserrat	9.88	Dec / 2020	9.88	10.75
Namibia	11.50	Aug / 2023	11.00	9.25
Netherlands	3.91	Sep / 2023	3.65	2.05
New Zealand	7.88	Sep / 2023	7.74	5.52
Niger	9.56	Sep / 2023	8.03	7.21
Nigeria	14.32	Sep / 2023	13.85	12.23
Norway	6.75	Sep / 2023	6.08	4.53
Peru	9.27	Oct / 2023	9.15	7.19
Poland	8.91	Sep / 2023	9.07	8.97
Portugal	5.01	Jun / 2023	4.22	2.18
Romania	9.06	Sep / 2023	9.26	9.59
Russia	12.83	Sep / 2023	9.47	9.13
Saint Lucia	10.00	Dec / 2020	10.00	10.00
Saint Vincent and the Grenadines	11.00	Dec / 2020	11.00	11.50
Senegal	9.24	Sep / 2023	8.55	7.34
Serbia	8.63	Sep / 2023	8.28	5.40
Seychelles	8.46	Oct / 2023	8.46	8.46
Slovakia	4.98	Jun / 2023	4.47	2.21
Slovenia	5.11	Sep / 2023	4.61	2.10
South Korea	5.27	Sep / 2023	5.32	4.66
Spain	5.00	Sep / 2023	4.66	2.31
Swaziland	11.00	Jul / 2023	10.75	8.50
Sweden	5.61	Sep / 2023	5.25	3.18
Togo	6.36	Sep / 2023	7.55	7.75
Tonga	7.27	Q2 / 2022	7.35	7.12
Turkey	45.23	Sep / 2023	17.64	19.72
USA	8.50	Sep / 2023	8.25	5.73
Ukraine	18.97	Sep / 2023	9.92	18.13
United Kingdom	6.58	Sep / 2023	6.20	4.00
Uruguay	13.14	Sep / 2023	14.60	13.08
Vanuatu	15.04	Q1 / 2023	14.00	15.48
Zimbabwe	92.64	Jun / 2023	81.46	48.25

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.

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. The table shows the latest available data from the national authorities as well as the values from three months ago and one year ago. The data are updated continuously.