Interest rate on bank loans reached 5.51 % in 2016 in France, according to the National Central Bank. This is 8.92 % less than in the previous year.
Historically, interest rate on bank loans in France reached an all time high of 14.3 % in 1981 and an all time low of 3.35 % in 1966. When compared to France's main peers, interest rate on bank loans in Belgium amounted to 9.50 %, 5.85 % in Germany, 3.50 % in Italy and 4.20 % in Spain in 2016.
France has been ranked 95th within the group of 135 countries we follow in terms of interest rate on bank loans, 30 places above the position seen 10 years ago.
The lending interest rate is the rate charged by banks on loans to prime customers.