Business credit interest rate by country: the latest data

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

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