Canada vs Switzerland: Lending interest rate
Lending interest rate over time
- Canada
- Switzerland
How they compare
Switzerland currently reports 3.0% against 2.7% in Canada, a difference of 0.3%.
That makes Switzerland's figure about 1.1 times Canada's.
The two have swapped places 2 times across 10 shared years of data; in 2008 it was Canada ahead.
Canada ranks 145th and Switzerland ranks 143rd of 148 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.6% | 3.0% | 0.5% | Canada |
| 2010s | 2.8% | 2.7% | 0.2% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Canada or Switzerland?
- Switzerland, at 3.0% against 2.7% in Canada as of 2024.
- What is the difference in lending interest rate between Canada and Switzerland?
- 0.3%, with Switzerland ahead.
- How many years of comparable data are there for Canada and Switzerland?
- 10 years are reported by both, from 2008 to 2017.
- How do Canada and Switzerland rank globally for lending interest rate?
- Canada ranks 145th and Switzerland ranks 143rd of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.