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Canada - Lending Rate 1977

Name: Canada Lending Rate 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

8.50% −1.54pp from 1976 Global rank: 5th

Canada's lending rate was 8.50% in 1977, decreased +1.54pp from 10.04% in 1976. This was the 5th highest globally.

Global Ranking - 1977▾

Lending Rate by Country - 1977
Rank	Country	Value	YoY
1st	Nigeria	6.00%	-7.7%
2nd	United States	6.82%	-0.2%
3rd	Libya	7.00%	0.0%
4th	Somalia, Fed. Rep.	7.00%	0.0%
5th	Canada	8.50%	-15.4%
6th	Egypt, Arab Republic of	8.83%	10.4%
7th	United Kingdom	8.91%	-19.7%
8th	Malaysia	9.47%	-5.6%
9th	Bahamas, The	9.50%	0.0%
10th	Australia	9.88%	-0.4%
11th	Kenya	10.00%	0.0%
12th	Bangladesh	10.21%	0.0%
13th	Eswatini	10.50%	0.0%
14th	Thailand	10.90%	-1.3%
15th	Sierra Leone	11.00%	22.2%
16th	Philippines	12.00%	0.0%
17th	South Africa	12.50%	2.0%
18th	Jamaica	13.85%	0.7%
19th	Uruguay	62.16%	4.1%

FAQ

What was Canada's lending rate in 1977?▾

Canada's lending rate in 1977 was 8.50%. This ranked 5th globally.

How did Canada's lending rate change in 1977?▾

Canada's lending rate decreased by 15.4% in 1977 compared to 1976.

Which country had the highest lending rate in 1977?▾

Uruguay had the highest lending rate in 1977 at 62.16%.

What is the lending rate of Canada in 1977?▾

The lending rate of Canada in 1977 was 8.50%. This ranked 5th globally.

How does 1977 compare to 1976 for Canada's lending rate?▾

Canada's lending rate went from 10.04% in 1976 to 8.50% in 1977, a 15.4% decrease.

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