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Interest Rate on Bank Loans (Local Currency) in Mexico

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 4.89% in 2021 in Mexico, according to the National Central Bank. This is 22.9% less than in the previous year.

Historically, interest rate on bank loans in Mexico reached an all time high of 59.4% in 1995 and an all time low of 3.44% in 2015.

Mexico has been ranked 76th within the group of 94 countries we follow in terms of interest rate on bank loans.

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