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Canada - Lending Rate 1974

Name: Canada Lending Rate 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

10.75% +3.10pp from 1973 Global rank: 8th

Canada's lending rate was 10.75% in 1974, increased +3.10pp from 7.65% in 1973. This was the 8th highest globally.

Global Ranking - 1974▾

Lending Rate by Country - 1974
Rank	Country	Value	YoY
1st	Libya	7.00%	0.0%
2nd	Nigeria	7.00%	0.0%
3rd	Sierra Leone	8.00%	0.0%
4th	United Kingdom	9.00%	12.5%
5th	Australia	9.38%	27.7%
6th	Kenya	9.50%	5.6%
7th	South Africa	10.17%	27.1%
8th	Canada	10.75%	40.6%
9th	United States	10.80%	34.6%
10th	Malaysia	11.23%	13.9%

FAQ

What was Canada's lending rate in 1974?▾

Canada's lending rate in 1974 was 10.75%. This ranked 8th globally.

How did Canada's lending rate change in 1974?▾

Canada's lending rate increased by 40.6% in 1974 compared to 1973.

Which country had the highest lending rate in 1974?▾

Malaysia had the highest lending rate in 1974 at 11.23%.

What is the lending rate of Canada in 1974?▾

The lending rate of Canada in 1974 was 10.75%. This ranked 8th globally.

How does 1974 compare to 1973 for Canada's lending rate?▾

Canada's lending rate went from 7.65% in 1973 to 10.75% in 1974, a 40.6% increase.

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