Canada - Lending Rate 1988
10.83%
+1.31pp from 1987
Canada's lending rate was 10.83% in 1988, increased +1.31pp from 9.52% in 1987. This was the 19th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Albania | 1.00% | 0.0% |
| 2nd | Singapore | 5.96% | -2.2% |
| 3rd | Kuwait | 6.72% | -14.5% |
| 4th | Libya | 7.00% | 0.0% |
| 5th | Bahrain | 7.80% | 4.0% |
| 6th | Botswana | 7.83% | -21.7% |
| 7th | Macao SAR, China | 8.06% | 21.7% |
| 8th | Bahamas, The | 9.00% | 0.0% |
| 9th | China | 9.00% | 13.6% |
| 10th | Malaysia | 9.30% | -10.3% |
| 11th | United States | 9.32% | 13.6% |
| 12th | Oman | 9.35% | 0.5% |
| 13th | Antigua and Barbuda | 9.38% | -11.8% |
| 14th | Barbados | 9.44% | 7.9% |
| 15th | Qatar | 9.50% | 0.0% |
| 16th | United Kingdom | 10.10% | 3.7% |
| 17th | Aruba | 10.24% | -0.6% |
| 18th | St. Vincent and the Grenadines | 10.80% | -3.7% |
| 19th | Canada | 10.83% | 13.8% |
| 20th | St. Lucia | 10.98% | -10.1% |
| 21st | St. Kitts and Nevis | 10.99% | -3.5% |
| 22nd | Dominica | 11.26% | 0.0% |
| 23rd | Thailand | 11.58% | 0.4% |
| 24th | Burundi | 12.00% | 0.0% |
| 25th | Mauritania | 12.00% | 0.0% |
| 26th | Grenada | 12.33% | -7.4% |
| 27th | Trinidad and Tobago | 12.58% | 9.4% |
| 28th | Papua New Guinea | 12.68% | 6.2% |
| 29th | Eswatini | 13.15% | 10.8% |
| 30th | Liberia | 13.36% | -2.0% |
| 31st | Belize | 13.56% | -4.1% |
| 32nd | Lesotho | 13.67% | 22.8% |
| 33rd | Australia | 14.08% | -6.6% |
| 34th | Bangladesh | 14.85% | 0.0% |
| 35th | Mauritius | 14.96% | 5.9% |
| 36th | Bhutan | 15.00% | 0.0% |
| 37th | Guinea | 15.00% | 0.0% |
| 38th | Kenya | 15.00% | 7.1% |
| 39th | Guyana | 15.07% | 0.5% |
| 40th | South Africa | 15.33% | 22.7% |
| 41st | Honduras | 15.38% | -1.1% |
| 42nd | Philippines | 15.92% | 19.4% |
| 43rd | India | 16.50% | 0.0% |
| 44th | Nigeria | 16.62% | 19.0% |
| 45th | Egypt, Arab Republic of | 17.00% | 4.1% |
| 46th | Hungary | 17.73% | - |
| 47th | Solomon Islands | 18.00% | 3.8% |
| 48th | Zambia | 18.39% | -13.2% |
| 49th | Chile | 21.21% | -35.1% |
| 50th | Indonesia | 22.10% | 2.0% |
| 51st | Malawi | 22.25% | 14.1% |
| 52nd | Jamaica | 25.19% | -1.0% |
| 53rd | Sierra Leone | 28.00% | -1.9% |
| 54th | Costa Rica | 28.69% | 20.4% |
| 55th | Gambia, The | 29.54% | 5.8% |
| 56th | Iceland | 30.28% | 13.8% |
| 57th | Somalia, Fed. Rep. | 33.67% | 53.0% |
| 58th | Uganda | 35.00% | 1.0% |
| 59th | Bolivia, Plurinational State of | 39.79% | -19.5% |
| 60th | Colombia | 42.05% | 3.9% |
| 61st | Lebanon | 44.46% | 21.7% |
| 62nd | Uruguay | 98.39% | 6.0% |
| 63rd | Peru | 155.50% | 387.6% |
| 64th | Nicaragua | 99,764.53% | - |
FAQ
What was Canada's lending rate in 1988?▾
Canada's lending rate in 1988 was 10.83%. This ranked 19th globally.
How did Canada's lending rate change in 1988?▾
Canada's lending rate increased by 13.8% in 1988 compared to 1987.
Which country had the highest lending rate in 1988?▾
Nicaragua had the highest lending rate in 1988 at 99,764.53%.
What is the lending rate of Canada in 1988?▾
The lending rate of Canada in 1988 was 10.83%. This ranked 19th globally.
How does 1988 compare to 1987 for Canada's lending rate?▾
Canada's lending rate went from 9.52% in 1987 to 10.83% in 1988, a 13.8% increase.
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Lowest: 2009
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