Canada - Lending interest rate
Lending interest rate (%)
The latest value for Lending interest rate (%) in Canada was 2.70 as of 2017. Over the past 57 years, the value for this indicator has fluctuated between 19.29 in 1981 and 2.40 in 2009.
Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
0.00
5.00
10.00
15.00
20.00
25.00
| Year | Value |
|---|---|
| 1960 | 5.75 |
| 1961 | 5.60 |
| 1962 | 5.71 |
| 1963 | 5.75 |
| 1964 | 5.75 |
| 1965 | 5.77 |
| 1966 | 6.00 |
| 1967 | 5.92 |
| 1968 | 6.92 |
| 1969 | 7.96 |
| 1970 | 8.17 |
| 1971 | 6.48 |
| 1972 | 6.00 |
| 1973 | 7.65 |
| 1974 | 10.75 |
| 1975 | 9.42 |
| 1976 | 10.04 |
| 1977 | 8.50 |
| 1978 | 9.69 |
| 1979 | 12.90 |
| 1980 | 14.25 |
| 1981 | 19.29 |
| 1982 | 15.81 |
| 1983 | 11.17 |
| 1984 | 12.06 |
| 1985 | 10.58 |
| 1986 | 10.52 |
| 1987 | 9.52 |
| 1988 | 10.83 |
| 1989 | 13.33 |
| 1990 | 14.06 |
| 1991 | 9.94 |
| 1992 | 7.48 |
| 1993 | 5.94 |
| 1994 | 6.88 |
| 1995 | 8.65 |
| 1996 | 6.06 |
| 1997 | 4.96 |
| 1998 | 6.60 |
| 1999 | 6.44 |
| 2000 | 7.27 |
| 2001 | 5.81 |
| 2002 | 4.21 |
| 2003 | 4.69 |
| 2004 | 4.00 |
| 2005 | 4.42 |
| 2006 | 5.81 |
| 2007 | 6.10 |
| 2008 | 4.73 |
| 2009 | 2.40 |
| 2010 | 2.60 |
| 2011 | 3.00 |
| 2012 | 3.00 |
| 2013 | 3.00 |
| 2014 | 3.00 |
| 2015 | 2.78 |
| 2016 | 2.70 |
| 2017 | 2.70 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
