Canada vs United States: Lending Rate, Percent per annum
Canada
2.7
in 2017
United States
3.25
in 2021
Canada rank
141st
United States rank
139th
Lending Rate, Percent per annum over time
- Canada
- United States
How they compare
United States currently reports 3.25 against 2.7 in Canada, a difference of 0.55.
That makes United States's figure about 1.2 times Canada's.
The two have swapped places 7 times across 68 shared years of data; in 1950 it was Canada ahead.
Canada ranks 141st and United States ranks 139th of 144 countries.
Across the 7 decades both report, Canada averaged higher in 4 and United States in 3.
Head to head by decade
| Decade | Canada | United States | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 4.85 | 3.33 | 1.53 | Canada |
| 1960s | 6.11 | 5.29 | 0.8247 | Canada |
| 1970s | 8.96 | 8.1 | 0.8633 | Canada |
| 1980s | 12.74 | 11.85 | 0.8884 | Canada |
| 1990s | 7.7 | 7.98 | 0.2753 | United States |
| 2000s | 4.94 | 5.98 | 1.04 | United States |
| 2010s | 2.85 | 3.39 | 0.5424 | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending rate, percent per annum, Canada or United States?
- United States, at 3.25 against 2.7 in Canada as of 2021.
- What is the difference in lending rate, percent per annum between Canada and United States?
- 0.55, with United States ahead.
- How many years of comparable data are there for Canada and United States?
- 68 years are reported by both, from 1950 to 2017.
- How do Canada and United States rank globally for lending rate, percent per annum?
- Canada ranks 141st and United States ranks 139th of 144 countries.
- Where does this data come from?
- International Monetary Fund, published as Lending Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.