Business credit interest rate by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
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.



Countries Latest value Reference Three months ago One year ago
Albania 6.79 Dec / 2022 6.44 5.57
Angola 13.56 Mar / 2024 14.23 14.37
Antigua and Barbuda 11.63 Dec / 2020 11.63 10.88
Argentina 96.25 Mar / 2024 118.36 70.27
Armenia 11.57 Mar / 2024 11.77 11.85
Aruba 6.60 Q1 / 2024 5.95 6.00
Australia 9.90 Apr / 2024 9.90 9.23
Austria 5.08 Mar / 2024 5.13 4.07
Azerbaijan 10.23 Mar / 2024 10.14 10.07
Bahrain 8.21 Mar / 2024 9.01 4.71
Bangladesh 7.89 Oct / 2023 7.75 7.15
Belarus 13.04 Jan / 2022 13.26 11.15
Belgium 4.05 Mar / 2024 3.98 3.05
Benin 7.15 Dec / 2023 7.22 7.25
Bosnia and Herzegovina 4.14 Mar / 2024 4.54 4.87
Botswana 6.76 Sep / 2022 6.26 5.25
Brazil 18.36 Dec / 2023 19.67 20.16
Bulgaria 3.93 Mar / 2024 3.90 3.26
Burkina Faso 8.25 Dec / 2023 7.55 7.39
Canada 6.39 Mar / 2024 6.36 5.84
Chile 12.39 Mar / 2024 12.47 16.28
Croatia 4.31 Mar / 2024 4.22 3.17
Cyprus 6.02 Mar / 2024 5.98 5.21
Czechia 6.76 Mar / 2024 7.34 7.37
Denmark 5.84 Mar / 2024 5.92 4.68
Dominica 11.00 Dec / 2020 11.00 10.88
Egypt 23.30 Mar / 2024 19.50 15.90
El Salvador 9.29 Mar / 2024 8.93 8.51
Estonia 6.99 Mar / 2024 6.84 5.79
Euro area 4.04 Mar / 2024 4.00 3.10
Finland 4.77 Dec / 2023 4.56 2.74
France 4.68 Mar / 2024 4.80 3.69
Germany 4.40 Mar / 2024 4.35 3.41
Greece 6.33 Mar / 2024 6.38 5.49
Grenada 9.88 Dec / 2020 9.88 10.25
Guinea-Bissau 7.50 Dec / 2023 10.31 9.65
Hungary 9.36 Mar / 2024 9.80 10.13
Indonesia 8.84 Mar / 2024 8.84 8.88
Ireland 5.63 Mar / 2024 5.42 4.72
Italy 5.36 Mar / 2024 5.31 3.94
Ivory Coast 6.70 Dec / 2023 6.03 6.40
Jamaica 10.17 Apr / 2024 9.90 9.69
Kazakhstan 17.78 Mar / 2024 18.73 18.81
Latvia 6.47 Dec / 2023 6.35 3.99
Lithuania 6.44 Mar / 2024 6.48 5.17
Luxembourg 4.46 Mar / 2024 4.56 3.50
North Macedonia 5.19 Mar / 2024 5.02 4.27
Mali 7.20 Dec / 2023 6.92 7.84
Malta 4.55 Mar / 2024 4.60 4.64
Moldova 9.01 Mar / 2024 9.80 13.78
Montenegro 5.27 Mar / 2024 5.19 4.66
Montserrat 9.88 Dec / 2020 9.88 10.75
Namibia 11.50 Feb / 2024 11.50 10.75
Netherlands 4.01 Mar / 2024 3.98 3.27
New Zealand 7.88 Mar / 2024 7.87 7.10
Niger 7.57 Dec / 2023 9.56 9.80
Nigeria 15.70 Mar / 2024 14.17 13.97
Norway 6.89 Mar / 2024 6.84 5.48
Peru 8.71 Apr / 2024 9.06 8.76
Poland 7.97 Mar / 2024 8.05 9.03
Portugal 5.01 Jun / 2023 4.22 2.18
Romania 8.81 Mar / 2024 8.92 9.71
Russia 16.12 Mar / 2024 15.10 9.24
Saint Lucia 10.00 Dec / 2020 10.00 10.00
Saint Vincent and the Grenadines 11.00 Dec / 2020 11.00 11.50
Senegal 8.15 Dec / 2023 9.24 9.35
Serbia 8.45 Mar / 2024 8.51 7.86
Seychelles 8.61 Apr / 2024 8.61 8.46
Slovakia 5.52 Mar / 2024 5.48 4.47
Slovenia 5.29 Dec / 2023 5.11 3.07
South Korea 4.96 Mar / 2024 5.29 5.25
Spain 4.91 Mar / 2024 5.03 4.13
Swaziland 11.00 Jan / 2024 11.00 10.25
Sweden 5.68 Mar / 2024 5.67 4.72
Switzerland 7.97 Mar / 2024 0.00 0.00
Togo 7.43 Dec / 2023 6.36 6.90
Tonga 7.41 Q4 / 2022 7.43 7.35
Turkey 66.29 Mar / 2024 53.77 14.78
USA 8.50 Mar / 2024 8.50 7.82
Ukraine 8.43 Mar / 2024 17.35 19.59
United Kingdom 6.49 Mar / 2024 6.51 5.56
Uruguay 12.82 Mar / 2024 13.03 14.54
Vanuatu 14.95 Q3 / 2023 15.95 14.00
Zimbabwe 91.40 Mar / 2024 93.77 81.46



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.

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