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Canada - Lending Rate 1997

Name: Canada Lending Rate 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

4.96% −1.10pp from 1996 Global rank: 2nd

Canada's lending rate was 4.96% in 1997, decreased +1.10pp from 6.06% in 1996. This was the 2nd highest globally.

Global Ranking - 1997▾

Lending Rate by Country - 1997
Rank	Country	Value	YoY
1st	Japan	2.45%	-7.9%
2nd	Canada	4.96%	-18.2%
3rd	Singapore	6.32%	1.0%
4th	United Kingdom	6.56%	10.2%
5th	Bahamas, The	6.75%	0.0%
6th	Sweden	7.06%	-19.1%
7th	Australia	7.17%	-26.3%
8th	Malta	7.99%	2.9%
9th	United States	8.44%	2.1%
10th	China	8.64%	-14.3%
11th	Kuwait	8.80%	0.3%
12th	Hong Kong SAR, China	8.90%	4.4%
13th	Oman	9.18%	-1.3%
14th	Macao SAR, China	9.73%	1.8%
15th	Barbados	9.83%	-1.7%
16th	Aruba	10.25%	-1.2%
17th	Papua New Guinea	10.45%	-21.5%
18th	Italy	10.51%	-18.0%
19th	Malaysia	10.63%	6.9%
20th	Maldives	10.99%	0.0%
21st	Panama	10.99%	0.0%
22nd	Fiji	11.03%	-1.0%
23rd	St. Kitts and Nevis	11.16%	2.2%
24th	Dominica	11.17%	-2.3%
25th	Grenada	11.24%	12.4%
26th	St. Vincent and the Grenadines	11.29%	0.6%
27th	Korea	11.88%	7.3%
28th	Antigua and Barbuda	11.98%	-2.3%
29th	Bahrain	12.20%	-1.0%
30th	Jordan	12.34%	-
31st	St. Lucia	12.68%	-1.1%
32nd	Iceland	12.89%	3.7%
33rd	Bangladesh	12.99%	0.0%
34th	Czechia	13.20%	5.3%
35th	Thailand	13.65%	1.9%
36th	Egypt, Arab Republic of	13.79%	-11.5%
37th	India	13.83%	-13.3%
38th	Botswana	13.95%	-3.8%
39th	Haiti	14.26%	-29.0%
40th	Viet Nam	14.42%	-28.3%
41st	Solomon Islands	14.67%	-5.0%
42nd	Seychelles	14.88%	-8.2%
43rd	Micronesia, Federated States of	15.00%	0.0%
44th	Trinidad and Tobago	15.33%	-2.9%
45th	Croatia	15.47%	-31.3%
46th	Chile	15.67%	-9.8%
47th	Algeria	15.71%	-17.3%
48th	Bhutan	16.00%	0.0%
49th	Philippines	16.28%	9.7%
50th	Belize	16.29%	-0.1%
51st	Rwanda	16.72%	-8.4%
52nd	Liberia	16.83%	10.0%
53rd	Guyana	17.04%	-4.2%
54th	Nicaragua	17.20%	1.5%
55th	Nigeria	17.80%	-10.3%
56th	Lesotho	18.03%	1.8%
57th	Guatemala	18.64%	-
58th	Mauritius	18.92%	-9.1%
59th	Serbia	19.05%	-
60th	Eswatini	19.50%	4.5%
61st	South Africa	20.00%	2.5%
62nd	Namibia	20.18%	5.3%
63rd	Lebanon	20.29%	-19.5%
64th	Myanmar	20.31%	0.0%
65th	Guinea	20.50%	-2.4%
66th	Dominican Republic	21.01%	-11.5%
67th	Uganda	21.37%	5.3%
68th	Hungary	21.77%	-20.3%
69th	Indonesia	21.82%	13.5%
70th	Mauritania	22.00%	0.0%
71st	Mexico	22.14%	-39.2%
72nd	Costa Rica	22.48%	-14.5%
73rd	Yemen, Republic of	22.52%	-28.4%
74th	Sierra Leone	23.87%	-25.7%
75th	Gambia, The	25.50%	0.0%
76th	Tanzania	26.27%	-22.7%
77th	Malawi	28.25%	-37.7%
78th	Mozambique	29.97%	-
79th	Kenya	30.25%	-10.5%
80th	Madagascar	30.33%	-14.6%
81st	Peru	30.91%	-2.0%
82nd	Belarus	31.80%	-49.0%
83rd	Russian Federation	32.04%	-
84th	Honduras	32.07%	7.8%
85th	Paraguay	32.11%	-12.8%
86th	Albania	32.71%	36.5%
87th	Jamaica	32.86%	-17.5%
88th	Suriname	33.15%	-7.7%
89th	Moldova	33.33%	-9.1%
90th	Colombia	33.71%	-18.5%
91st	Angola	37.75%	-82.7%
92nd	Zambia	46.69%	-13.2%
93rd	Ukraine	49.12%	-38.5%
94th	Bolivia, Plurinational State of	50.05%	-10.6%
95th	Armenia	54.23%	-18.3%
96th	Kyrgyz Republic	63.23%	1.0%
97th	Uruguay	69.35%	-21.8%
98th	Romania	72.53%	31.5%
99th	Brazil	78.19%	-
100th	Bulgaria	213.02%	-26.8%

FAQ

What was Canada's lending rate in 1997?▾

Canada's lending rate in 1997 was 4.96%. This ranked 2nd globally.

How did Canada's lending rate change in 1997?▾

Canada's lending rate decreased by 18.2% in 1997 compared to 1996.

Which country had the highest lending rate in 1997?▾

Bulgaria had the highest lending rate in 1997 at 213.02%.

What is the lending rate of Canada in 1997?▾

The lending rate of Canada in 1997 was 4.96%. This ranked 2nd globally.

How does 1997 compare to 1996 for Canada's lending rate?▾

Canada's lending rate went from 6.06% in 1996 to 4.96% in 1997, a 18.2% decrease.

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