Harmonized Euro area rates: Loans, Over 5 years New Business, House in Spain

Spain: Harmonized Euro area rates: Loans, Over 5 years New Business, House was 3.59 in 2024. ▼ Falling

Latest (2024)
3.59
Change on year
up 13.7%
World rank
9th
of 23 countries
All-time high
5.46
in 2008
All-time low
1.11
in 2021
Years of data
22
2003–2024

Harmonized Euro area rates: Loans, Over 5 years New Business, House in Spain, 2003–2024

123452003201320242003: 4.32004: 3.62005: 3.32006: 3.72007: 4.72008: 5.52009: 4.42010: 2.82011: 2.92012: 2.92013: 2.32014: 2.12015: 1.72016: 1.42017: 1.22018: 1.22019: 1.22020: 1.22021: 1.12022: 1.42023: 3.22024: 3.6

Source: International Monetary Fund.

Analysis

The most recent figure for harmonized euro area rates: loans, over 5 years new business, house in Spain is 3.59, measured in 2024.

That represents a change of up 13.7% on the previous year and up 72.5% over ten years.

Over the whole period, harmonized euro area rates: loans, over 5 years new business, house in Spain peaked at 5.46 in 2008 and was at its lowest, 1.11, in 2021.

That places Spain 9th out of 23 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Harmonized Euro area rates: Loans, Over 5 years New Business, House in Spain, year by year

Annual values for Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum in Spain, 2003 to 2024.
Year Value Change
2003 4.28
2004 3.56 -16.9%
2005 3.35 -5.9%
2006 3.69 +10.1%
2007 4.74 +28.5%
2008 5.46 +15.3%
2009 4.4 -19.4%
2010 2.83 -35.6%
2011 2.93 +3.3%
2012 2.9 -0.9%
2013 2.27 -22.0%
2014 2.08 -8.2%
2015 1.67 -19.5%
2016 1.37 -18.1%
2017 1.23 -10.3%
2018 1.19 -3.3%
2019 1.23 +3.7%
2020 1.2 -2.9%
2021 1.11 -7.2%
2022 1.41 +26.8%
2023 3.15 +123.9%
2024 3.59 +13.7%

Spain compared with similar countries

  • Spain's 3.59 is above the median for Europe & Central Asia, which is 3.31, 1.1× the median. (22 countries reporting)
  • Spain's 3.59 is above the median for high income countries, which is 3.22, 1.1× the median. (23 countries reporting)

Biggest year-on-year movements

Years where Harmonized Euro area rates: Loans, Over 5 years New Business, House in Spain 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.

YearChange FromTo
2023 +123.9% 1.41 3.15

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.21 3.35 5.46 7
2010s 1.97 1.19 2.93 10
2020s 2.09 1.11 3.59 5

Countries ranked near Spain

  1. 6 Bulgaria 4.44 compare
  2. 7 Greece 4.33 compare
  3. 8 Finland 3.93 compare
  4. 10 Slovenia 3.52 compare
  5. 11 Ireland 3.4 compare
  6. 12 Croatia 3.22 compare

See the full ranking of 24 places →

More financial sector data for Spain

All data for Spain →

Frequently asked questions

What is harmonized euro area rates: loans, over 5 years new business, house in Spain?
Harmonized euro area rates: loans, over 5 years new business, house in Spain was 3.59 in 2024, according to International Monetary Fund.
What is the highest harmonized euro area rates: loans, over 5 years new business, house recorded in Spain?
The highest recorded value was 5.46 in 2008.
What is the lowest harmonized euro area rates: loans, over 5 years new business, house recorded in Spain?
The lowest recorded value was 1.11 in 2021.
How does Spain rank for harmonized euro area rates: loans, over 5 years new business, house?
Spain ranks 9th out of 23 countries with data for 2024.
Is harmonized euro area rates: loans, over 5 years new business, house rising or falling in Spain?
Over the last ten years it is up 72.5%. The long-run trend across the full record is falling.
Where does this Spain data come from?
The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Harmonized Euro area rates: Loans, Over 5 years New Business, House in Spain. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/harmonized-euro-area-rates-loans-over-5-years-new-business-house-purchase-households-rate/spain/

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About this data

Indicator
Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
24 places, 470 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.