Interest rate on bank loans rose 51.4% to 2.96% in Hungary in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Hungary reached an all time high of 35.2% in 1991 and an all time low of 1.47% in 2018.
Hungary has been ranked 90th within the group of 94 countries we follow in terms of interest rate on bank loans, 5 places below the position seen 10 years ago.
| Interest Rate on Bank Loans (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Austria | % | ... | 5.29% | ... | ... | ... | ... | ... | ... | |||||||||||||
| Czechia | % | 3.91% | 3.59% | 3.54% | 3.69% | 3.34% | ... | |||||||||||||||
| Germany | % | 5.85% | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Hungary | % | 2.09% | 1.48% | 1.47% | 1.79% | 1.96% | ... | |||||||||||||||
| Italy | % | 3.50% | 3.00% | 2.68% | 2.60% | 2.33% | ... | |||||||||||||||
| Poland | % | 4.73% | 4.79% | 4.76% | 4.76% | 3.82% | ||||||||||||||||
| Russia | % | 12.6% | 10.6% | 8.87% | 8.75% | 6.78% | ... | |||||||||||||||
| Slovakia | % | 7.00% | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Switzerland | % | 2.65% | 2.63% | 2.63% | 2.63% | 2.63% | ... | |||||||||||||||
| Ukraine | % | 19.2% | 16.4% | 19.0% | 19.8% | 14.3% | ... |
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