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. 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.

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.

Countries Latest available value Reference date Value 3 months ago Value 12 months ago
Albania 5.98 May / 2022 5.91 5.46
Angola 19.37 Jun / 2022 17.63 17.01
Antigua and Barbuda 11.63 Dec / 2020 11.63 10.88
Argentina 43.00 Jun / 2022 37.07 35.10
Armenia 11.09 Jun / 2022 11.16 9.76
Aruba 6.50 Q1 / 2022 6.30 6.10
Australia 6.81 Jul / 2022 5.63 5.77
Austria 1.55 May / 2022 1.46 1.53
Azerbaijan 10.23 Jun / 2022 10.10 9.71
Bahrain 5.62 Jun / 2022 3.95 4.89
Bangladesh 7.08 May / 2022 7.10 7.40
Belarus 13.04 Jan / 2022 13.26 11.15
Belgium 1.52 Jun / 2022 1.47 1.53
Benin 6.59 May / 2022 7.27 8.10
Bosnia and Herzegovina 3.58 Jun / 2022 3.74 3.87
Botswana 5.76 May / 2022 5.25 5.25
Brazil 18.38 Feb / 2022 17.59 12.15
Bulgaria 2.67 Jun / 2022 2.74 2.89
Burkina Faso 6.84 May / 2022 7.42 7.30
Canada 3.30 May / 2022 2.81 2.85
Chile 12.99 Jun / 2022 11.19 5.19
Croatia 2.30 May / 2022 2.44 2.67
Cyprus 3.17 Jun / 2022 3.15 3.18
Czechia 6.17 May / 2022 5.28 2.52
Denmark 1.98 May / 2022 1.99 2.08
Dominica 11.00 Dec / 2020 11.00 10.88
Egypt 10.40 May / 2022 9.70 9.40
El Salvador 7.52 Jun / 2022 6.72 6.69
Estonia 3.09 May / 2022 2.66 2.65
Euro area 1.66 Jun / 2022 1.59 1.66
Finland 1.28 Jun / 2022 1.19 1.27
France 1.42 May / 2022 1.32 1.29
Germany 1.74 Jun / 2022 1.68 1.78
Greece 3.13 Jun / 2022 3.14 3.35
Grenada 9.88 Dec / 2020 9.88 10.25
Guinea-Bissau 8.02 May / 2022 8.20 9.10
Hungary 6.11 Jun / 2022 5.32 2.73
Indonesia 8.37 May / 2022 8.50 8.80
Ireland 2.74 May / 2022 2.81 2.61
Italy 1.67 May / 2022 1.64 1.73
Ivory Coast 5.53 May / 2022 5.77 5.10
Jamaica 9.34 May / 2022 9.47 9.11
Kazakhstan 15.80 Jun / 2022 14.50 11.60
Latvia 2.79 May / 2022 2.78 2.98
Lithuania 2.59 May / 2022 2.56 2.53
Luxembourg 1.39 May / 2022 1.37 1.37
North Macedonia 3.49 May / 2022 3.48 3.75
Mali 7.38 May / 2022 7.65 8.10
Malta 3.97 May / 2022 4.00 4.14
Moldova 10.42 Jun / 2022 9.16 8.02
Montenegro 3.88 Jun / 2022 3.91 4.23
Montserrat 9.88 Dec / 2020 9.88 10.75
Namibia 8.50 Jun / 2022 7.75 7.50
Netherlands 1.64 Dec / 2021 1.73 1.93
New Zealand 4.23 May / 2022 3.53 3.18
Niger 8.60 May / 2022 6.93 8.60
Nigeria 11.96 May / 2022 11.78 11.29
Norway 3.36 May / 2022 3.12 2.53
Peru 5.75 Jun / 2022 4.73 3.34
Poland 6.97 May / 2022 4.69 2.49
Portugal 2.08 Dec / 2020 2.13 2.31
Romania 7.09 May / 2022 5.43 4.34
Russia 12.79 May / 2022 11.00 6.85
Saint Lucia 10.00 Dec / 2020 10.00 10.00
Saint Vincent and the Grenadines 11.00 Dec / 2020 11.00 11.50
Senegal 7.52 May / 2022 8.27 5.10
Serbia 4.43 Jun / 2022 3.53 3.37
Seychelles 8.46 Jul / 2022 8.46 9.34
Slovakia 2.20 May / 2022 2.24 2.31
Slovenia 1.75 Jun / 2022 1.72 1.93
South Korea 3.84 Jun / 2022 3.39 2.72
Spain 1.48 Jun / 2022 1.36 1.64
Swaziland 7.50 Apr / 2022 7.50 7.25
Sweden 1.89 May / 2022 1.73 1.78
Togo 7.20 May / 2022 6.32 7.50
Tonga 7.35 Q4 / 2021 7.29 7.10
Turkey 27.35 Jun / 2022 20.90 21.60
USA 4.38 Jun / 2022 3.37 3.25
Ukraine 19.51 Jun / 2022 16.08 8.24
United Kingdom 3.34 Jun / 2022 3.06 2.34
Uruguay 12.16 Jun / 2022 10.78 9.77
Vanuatu 15.65 Q3 / 2021 14.11 13.83
Zimbabwe 43.88 Mar / 2022 37.94 22.61
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