Business loan interest rate in euro area 2023 | Statista

The average interest rate of loans from monetary financial institutions to non-financial corporations in the euro area overall has increased again in 2023, reaching 5.09 percent in September of that year. These figures are a composite cost-of-borrowing indicator that shows the average interest rate of business loans (non-financial), taking into account those with different loan terms or for different amounts.

Average interest rate on loans to non-financial corporations in the euro area from January 2019 to May 2023

Characteristic	Average interest rate
Sep 2023	5.09%
Aug 2023	4.99%
Jul 2023	4.94%
Jun 2023	4.78%
May 2023	4.57%
Apr 2023	4.39%
Mar 2023	4.22%
Feb 2023	3.86%
Jan 2023	3.63%
Dec 2022	3.41%
Nov 2022	3.11%
Oct 2022	2.72%
Sep 2022	2.4%
Aug 2022	1.87%
Jul 2022	1.79%
Jun 2022	1.83%
May 2022	1.55%
Apr 2022	1.51%
Mar 2022	1.49%
Feb 2022	1.42%
Jan 2022	1.43%
Dec 2021	1.35%
Nov 2021	1.38%
Oct 2021	1.43%
Sep 2021	1.49%
Aug 2021	1.44%
Jul 2021	1.48%
Jun 2021	1.46%
May 2021	1.46%
Apr 2021	1.56%
Mar 2021	1.39%
Feb 2021	1.48%
Jan 2021	1.5%
Dec 2020	1.51%
Nov 2020	1.51%
Oct 2020	1.53%
Sep 2020	1.51%
Aug 2020	1.51%
Jul 2020	1.51%
Jun 2020	1.49%
May 2020	1.46%
Apr 2020	1.47%
Mar 2020	1.46%
Feb 2020	1.52%
Jan 2020	1.55%
Dec 2019	1.55%
Nov 2019	1.55%
Oct 2019	1.55%
Sep 2019	1.53%
Aug 2019	1.51%
Jul 2019	1.56%
Jun 2019	1.54%
May 2019	1.56%
Apr 2019	1.61%
Mar 2019	1.64%
Feb 2019	1.64%
Jan 2019	1.63%

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Release date

November 2023

More information

Region

Europe, EU

Survey time period

January 2019 to May 2023

Special properties

Composite cost-of-borrowing indicator for new euro-denominated loans to euro area non-financial corporations.

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