Lending interest rate | Canada

The average lending rate in Canada in 2017 was 2.70%. In 2016, the value was amounted to also 2.70%. . Since 1960, for the whole period of statistics, this indicator has decreased in 2.13 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Canada was recorded in 2009, with a value of 2.40%. The highest value was in end-1981, when it reached 19.29%.