Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Ireland
Ireland: Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 was 11.78 in 2023. ▲ Rising
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Ireland, 2003–2023
Source: International Monetary Fund.
Analysis
Ireland recorded 11.78 for harmonized euro area rates: loans, consumer credit and other, up to 1 in 2023.
That represents a change of up 5.8% on the previous year and up 63.8% over ten years.
Over the whole period, harmonized euro area rates: loans, consumer credit and other, up to 1 in Ireland peaked at 14.17 in 2017 and was at its lowest, 7.15, in 2014.
That places Ireland 5th out of 23 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 9.47 | — |
| 2004 | 9.38 | -1.0% |
| 2005 | 8.39 | -10.6% |
| 2006 | 8.48 | +1.1% |
| 2007 | 9.08 | +7.2% |
| 2008 | 9.52 | +4.8% |
| 2009 | 7.23 | -24.1% |
| 2010 | 7.31 | +1.2% |
| 2011 | 8.34 | +14.1% |
| 2012 | 8.02 | -3.9% |
| 2013 | 7.19 | -10.3% |
| 2014 | 7.15 | -0.6% |
| 2015 | 7.95 | +11.3% |
| 2016 | 9.55 | +20.0% |
| 2017 | 14.17 | +48.4% |
| 2018 | 13.85 | -2.2% |
| 2019 | 13.76 | -0.7% |
| 2020 | 13.21 | -4.0% |
| 2021 | 10.78 | -18.4% |
| 2022 | 11.13 | +3.3% |
| 2023 | 11.78 | +5.8% |
Ireland compared with similar countries
- Ireland's 11.78 is above the median for Europe & Central Asia, which is 8.94, 1.3× the median. (22 countries reporting)
- Ireland's 11.78 is above the median for high income countries, which is 8.71, 1.4× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +48.4% | 9.55 | 14.17 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.79 | 7.23 | 9.52 | 7 |
| 2010s | 9.73 | 7.15 | 14.17 | 10 |
| 2020s | 11.72 | 10.78 | 13.21 | 4 |
Countries ranked near Ireland
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
Frequently asked questions
- What is harmonized euro area rates: loans, consumer credit and other, up to 1 in Ireland?
- Harmonized euro area rates: loans, consumer credit and other, up to 1 in Ireland was 11.78 in 2023, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Ireland?
- The highest recorded value was 14.17 in 2017.
- What is the lowest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Ireland?
- The lowest recorded value was 7.15 in 2014.
- How does Ireland rank for harmonized euro area rates: loans, consumer credit and other, up to 1?
- Ireland ranks 5th out of 23 countries with data for 2023.
- Is harmonized euro area rates: loans, consumer credit and other, up to 1 rising or falling in Ireland?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is rising.
- Where does this Ireland data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 year Outstanding Amounts, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.