Lending Rate, Percent per annum in Canada
Canada: Lending Rate, Percent per annum was 2.7 in 2017. βΌ Falling
Lending Rate, Percent per annum in Canada, 1950β2017
Source: International Monetary Fund.
Analysis
Canada recorded 2.7 for lending rate, percent per annum in 2017.
Compared with earlier readings it is down 55.8% over ten years.
Over the whole period, lending rate, percent per annum in Canada peaked at 19.29 in 1981 and was at its lowest, 2.4, in 2009.
That places Canada 141st out of 144 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 68 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.85 | 4.5 | 5.65 | 10 |
| 1960s | 6.11 | 5.6 | 7.96 | 10 |
| 1970s | 8.96 | 6 | 12.9 | 10 |
| 1980s | 12.74 | 9.52 | 19.29 | 10 |
| 1990s | 7.7 | 4.96 | 14.06 | 10 |
| 2000s | 4.94 | 2.4 | 7.27 | 10 |
| 2010s | 2.85 | 2.6 | 3 | 8 |
Countries ranked near Canada
- 138 Sweden 3.68 compare
- 139 United States 3.25 compare
- 140 Israel 2.96 compare
- 142 Netherlands, The 1.5 compare
- 143 Japan 0.994 compare
- 144 New Zealand 0 compare
More financial sector data for Canada
- Domestic credit to private sector by banks 124.1% (2008)
- Total reserves in months of imports 1.6 (2025)
- Net domestic credit 2.85 trillion current LCU (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Monetary Sector credit to private sector 124.1% (2008)
- Broad money 122.6% (2008)
- Claims on central government, etc. 15.4% (2008)
- Domestic credit to private sector 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Net migration 326,204 (2025)
Frequently asked questions
- What is lending rate, percent per annum in Canada?
- Lending rate, percent per annum in Canada was 2.7 in 2017, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Canada?
- The highest recorded value was 19.29 in 1981.
- What is the lowest lending rate, percent per annum recorded in Canada?
- The lowest recorded value was 2.4 in 2009.
- How does Canada rank for lending rate, percent per annum?
- Canada ranks 141st out of 144 countries with data for 2017.
- Is lending rate, percent per annum rising or falling in Canada?
- Over the last ten years it is down 55.8%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 68 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.