COUNTRY / INDICATOR
Canada Lending Interest Rate
Canada lending interest rate: latest available value for 2017, historical series from 2012, ranking context and source documentation.
Series overview
FR.INR.LEND| Year | Value | Change |
|---|---|---|
| 2017 | 2,70 | 0,00 |
| 2016 | 2,70 | -0,07 |
| 2015 | 2,78 | -0,23 |
| 2014 | 3,00 | 0,00 |
| 2013 | 3,00 | 0,00 |
| 2012 | 3,00 | — |
Source methodology
World Development IndicatorsIndicator note: 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 organization: International Financial Statistics database, International Monetary Fund (IMF)
Metadata fetched: 2026-09-27 04:54:24. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesCanada recorded 2,70 percent in 2017, the latest year available in this series.
Compared with 2016, the lending interest rate remained unchanged by 0,00.
Across the latest five-year comparison window, the series shows an downward direction.
Across 6 observations from 2012 to 2017, the average was 2,86; the minimum was 2,70 in 2016 and the maximum was 3,00 in 2012.
Canada ranks 4 out of 148 countries with a current value in the portal ranking.
The latest value is below the available average for North America.
It is also below the available average for the High income group.
Cost of borrowing from financial institutions.