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Canada - Lending Rate 1971

Name: Canada Lending Rate 1971
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

6.48% −1.69pp from 1970 Global rank: 2nd

Canada's lending rate was 6.48% in 1971, decreased +1.69pp from 8.17% in 1970. This was the 2nd highest globally.

Global Ranking - 1971▾

Lending Rate by Country - 1971
Rank	Country	Value	YoY
1st	United States	5.72%	-27.6%
2nd	Canada	6.48%	-20.7%
3rd	Libya	7.00%	0.0%
4th	Nigeria	7.00%	0.0%
5th	Australia	7.25%	5.0%
6th	United Kingdom	7.50%	3.4%
7th	Sierra Leone	8.00%	0.0%
8th	South Africa	8.83%	8.2%
9th	Kenya	9.00%	-
10th	Malaysia	9.19%	-0.1%

FAQ

What was Canada's lending rate in 1971?▾

Canada's lending rate in 1971 was 6.48%. This ranked 2nd globally.

How did Canada's lending rate change in 1971?▾

Canada's lending rate decreased by 20.7% in 1971 compared to 1970.

Which country had the highest lending rate in 1971?▾

Malaysia had the highest lending rate in 1971 at 9.19%.

What is the lending rate of Canada in 1971?▾

The lending rate of Canada in 1971 was 6.48%. This ranked 2nd globally.

How does 1971 compare to 1970 for Canada's lending rate?▾

Canada's lending rate went from 8.17% in 1970 to 6.48% in 1971, a 20.7% decrease.

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