Harmonized Euro area rates: Loans, New Business, Consumption floating in Ireland

Ireland: Harmonized Euro area rates: Loans, New Business, Consumption floating was 8.11 in 2023. ▲ Rising

Latest (2023)
8.11
Change on year
up 0.8%
World rank
9th
of 19 countries
All-time high
9.04
in 2015
All-time low
4.28
in 2009
Years of data
21
2003–2023

Harmonized Euro area rates: Loans, New Business, Consumption floating in Ireland, 2003–2023

02468102003201320232003: 5.82004: 5.22005: 52006: 5.52007: 6.52008: 6.82009: 4.32010: 5.42011: 5.92012: 6.12013: 6.72014: 7.62015: 92016: 8.92017: 8.22018: 82019: 8.52020: 8.22021: 7.92022: 82023: 8.1

Source: International Monetary Fund.

Analysis

Ireland recorded 8.11 for harmonized euro area rates: loans, new business, consumption floating in 2023.

That represents a change of up 0.8% on the previous year and up 21.8% over ten years.

Over the whole period, harmonized euro area rates: loans, new business, consumption floating in Ireland peaked at 9.04 in 2015 and was at its lowest, 4.28, in 2009.

The long-run direction has been consistently rising across the 21 years of available data.

Harmonized Euro area rates: Loans, New Business, Consumption floating in Ireland, year by year

Annual values for Harmonized Euro area rates: Loans, New Business, Consumption floating rate, Households, Rate, Percent per annum in Ireland, 2003 to 2023.
Year Value Change
2003 5.76
2004 5.19 -9.8%
2005 4.98 -4.2%
2006 5.53 +11.1%
2007 6.52 +18.0%
2008 6.75 +3.5%
2009 4.28 -36.7%
2010 5.39 +26.0%
2011 5.88 +9.2%
2012 6.11 +3.9%
2013 6.66 +8.9%
2014 7.62 +14.5%
2015 9.04 +18.6%
2016 8.89 -1.6%
2017 8.22 -7.6%
2018 8.05 -2.1%
2019 8.54 +6.1%
2020 8.16 -4.4%
2021 7.94 -2.7%
2022 8.04 +1.3%
2023 8.11 +0.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.57 4.28 6.75 7
2010s 7.44 5.39 9.04 10
2020s 8.06 7.94 8.16 4

Countries ranked near Ireland

  1. 6 Austria 9.38 compare
  2. 7 France 9.25 compare
  3. 8 Lithuania 8.13 compare
  4. 10 Finland 7.81 compare
  5. 11 Cyprus 6.59 compare
  6. 12 Italy 6.5 compare

See the full ranking of 20 places →

More financial sector data for Ireland

All data for Ireland →

Frequently asked questions

What is harmonized euro area rates: loans, new business, consumption floating in Ireland?
Harmonized euro area rates: loans, new business, consumption floating in Ireland was 8.11 in 2023, according to International Monetary Fund.
What is the highest harmonized euro area rates: loans, new business, consumption floating recorded in Ireland?
The highest recorded value was 9.04 in 2015.
What is the lowest harmonized euro area rates: loans, new business, consumption floating recorded in Ireland?
The lowest recorded value was 4.28 in 2009.
How does Ireland rank for harmonized euro area rates: loans, new business, consumption floating?
Ireland ranks 9th out of 19 countries with data for 2023.
Is harmonized euro area rates: loans, new business, consumption floating rising or falling in Ireland?
Over the last ten years it is up 21.8%. 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, New Business, Consumption floating rate, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Harmonized Euro area rates: Loans, New Business, Consumption floating in Ireland. Statizoid, drawing on International Monetary Fund. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/harmonized-euro-area-rates-loans-new-business-consumption-floating-rate-households-rate/ireland/

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About this data

Indicator
Harmonized Euro area rates: Loans, New Business, Consumption floating rate, Households, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
20 places, 395 data points, 2003–2024
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.