Luxembourg and the Netherlands were among the Eurozone countries with the lowest average interest rates on non-financial corporations as of May 2023. Meanwhile, the average business loan interest rate for the euro area was 4.57 percent. On the other side of the spectrum, Lithuania and Greece were two of the countries with the highest business loan interest rates. The interest rates on consumer loans in Eurozone countries are very varied.
Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country
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ECB. (July 5, 2023). Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/
ECB. "Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country." Chart. July 5, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/
ECB. (2023). Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/
ECB. "Average Interest Rate on Loans to Non-financial Corporations in The Euro Area as of May 2023, by Country." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/
ECB, Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country Statista, https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/ (last visited July 27, 2024)
Average interest rate on loans to non-financial corporations in the euro area as of May 2023, by country [Graph], ECB, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1315830/interest-rates-on-business-loans-in-the-euro-area-by-country/