Interest rate on bank loans reached 2.68 % in 2018 in Italy, according to the National Central Bank. This is 2.98 % more 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 2.60 % in 2019.
Italy has been ranked 95th within the group of 97 countries we follow in terms of interest rate on bank loans, 23 places above the position seen 10 years ago.
The lending interest rate is the rate charged by banks on loans to prime customers.