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Interest Rate on Bank Loans (Local Currency) in Italy

Source: OECD, Bank of Italy, ECB, World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 2.03% in 2021 in Italy, according to the National Central Bank. This is 13.0% less than in the previous year.

Historically, interest rate on bank loans in Italy reached an all time high of 22.3% in 1983 and an all time low of 2.03% in 2021.

Italy has been ranked 94th within the group of 94 countries we follow in terms of interest rate on bank loans.

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