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Canada - Lending Rate 1994

Name: Canada Lending Rate 1994
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

6.88% +0.94pp from 1993 Global rank: 5th

Canada's lending rate was 6.88% in 1994, increased +0.94pp from 5.94% in 1993. This was the 5th highest globally.

Global Ranking - 1994▾

Lending Rate by Country - 1994
Rank	Country	Value	YoY
1st	Japan	4.13%	-15.0%
2nd	United Kingdom	5.46%	-9.2%
3rd	Singapore	5.88%	9.1%
4th	Bahamas, The	6.88%	-7.8%
5th	Canada	6.88%	15.8%
6th	United States	7.14%	19.0%
7th	Hong Kong SAR, China	7.38%	13.5%
8th	Kuwait	7.61%	-4.3%
9th	Macao SAR, China	7.95%	22.4%
10th	Oman	8.38%	-5.7%
11th	Malaysia	8.76%	-12.6%
12th	Qatar	8.86%	23.1%
13th	Barbados	9.08%	1.9%
14th	Australia	9.09%	-3.5%
15th	Papua New Guinea	9.16%	-18.8%
16th	Haiti	10.50%	-
17th	Iceland	10.57%	-25.1%
18th	Aruba	10.60%	0.0%
19th	Sweden	10.65%	-12.0%
20th	Bahrain	10.71%	-1.1%
21st	Thailand	10.90%	-2.4%
22nd	St. Kitts and Nevis	10.94%	6.5%
23rd	China	10.98%	0.0%
24th	Grenada	11.03%	-6.8%
25th	St. Lucia	11.06%	-6.4%
26th	Fiji	11.44%	-3.8%
27th	Dominica	11.61%	-2.6%
28th	St. Vincent and the Grenadines	11.73%	-1.6%
29th	Italy	11.98%	-18.1%
30th	Czechia	13.12%	-6.8%
31st	Antigua and Barbuda	13.15%	3.7%
32nd	Bangladesh	13.45%	-3.3%
33rd	Botswana	13.92%	-6.7%
34th	Burundi	14.20%	3.1%
35th	Lesotho	14.25%	-10.0%
36th	Eswatini	14.25%	-0.7%
37th	Solomon Islands	14.50%	-8.2%
38th	Liberia	14.53%	-3.5%
39th	India	14.75%	-9.2%
40th	Belize	14.78%	2.8%
41st	Philippines	15.06%	2.5%
42nd	Suriname	15.38%	64.4%
43rd	South Africa	15.58%	-3.6%
44th	Seychelles	15.72%	0.0%
45th	Trinidad and Tobago	15.98%	3.1%
46th	Nicaragua	16.48%	-0.4%
47th	Egypt, Arab Republic of	16.51%	-9.8%
48th	Bhutan	16.58%	-2.5%
49th	Namibia	17.05%	-5.4%
50th	Indonesia	17.76%	-13.7%
51st	Mauritania	18.17%	3.3%
52nd	Guyana	18.36%	-5.2%
53rd	Mauritius	18.92%	14.1%
54th	Mexico	19.30%	5.9%
55th	Myanmar	20.31%	-
56th	Chile	20.34%	-16.5%
57th	Nigeria	20.48%	-35.3%
58th	Uganda	20.76%	-46.9%
59th	Guinea	22.00%	-10.2%
60th	Croatia	22.91%	-98.4%
61st	Albania	23.67%	-20.0%
62nd	Lebanon	23.88%	-16.3%
63rd	Lao PDR	24.00%	-5.3%
64th	Honduras	24.68%	11.9%
65th	Gambia, The	25.00%	-4.2%
66th	Sierra Leone	27.33%	-45.8%
67th	Hungary	27.40%	7.8%
68th	Madagascar	28.28%	10.2%
69th	Dominican Republic	28.68%	-4.0%
70th	Malawi	31.00%	5.1%
71st	Costa Rica	33.03%	10.0%
72nd	Tanzania	34.42%	25.8%
73rd	Kenya	36.24%	20.8%
74th	Colombia	39.86%	13.0%
75th	Paraguay	40.99%	-
76th	Jamaica	49.46%	13.1%
77th	Peru	55.35%	-41.3%
78th	Bolivia, Plurinational State of	55.57%	3.1%
79th	Zambia	70.56%	-37.7%
80th	Romania	90.39%	4.6%
81st	Uruguay	92.16%	-2.3%
82nd	Bulgaria	102.52%	33.4%
83rd	Belarus	148.50%	107.3%
84th	Ukraine	250.28%	35.8%

FAQ

What was Canada's lending rate in 1994?▾

Canada's lending rate in 1994 was 6.88%. This ranked 5th globally.

How did Canada's lending rate change in 1994?▾

Canada's lending rate increased by 15.8% in 1994 compared to 1993.

Which country had the highest lending rate in 1994?▾

Ukraine had the highest lending rate in 1994 at 250.28%.

What is the lending rate of Canada in 1994?▾

The lending rate of Canada in 1994 was 6.88%. This ranked 5th globally.

How does 1994 compare to 1993 for Canada's lending rate?▾

Canada's lending rate went from 5.94% in 1993 to 6.88% in 1994, a 15.8% increase.

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