Lending interest rate | Japan
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Overview
The average lending rate in Japan in 2017 was 0.99%. In 2016, the value was amounted to 1.04%. It has been falling in this country for already 9 years in a row. Since 1993, for the whole period of statistics, this indicator has decreased in 4.89 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Japan was recorded in 2017, with a value of 0.99%. The highest value was in end-1993, when it reached 4.86%.
Additional infomation:
About indicator
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.


