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Interest Rate on Bank Loans (Local Currency) in Spain

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

Interest rate on bank loans reached 4.20% in 2016 in Spain, according to the National Central Bank. This is 6.62% less than in the previous year.

Historically, interest rate on bank loans in Spain reached an all time high of 16.9% in 1980 and an all time low of 3.88% in 2003.

Spain has been ranked 125th within the group of 136 countries we follow in terms of interest rate on bank loans.

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