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Interest Rate on Bank Loans (Local Currency) in USA

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 3.25% in 2021 in the USA, according to the National Central Bank. This is 8.30% less than in the previous year.

Historically, interest rate on bank loans in the USA reached an all time high of 18.9% in 1981 and an all time low of 3.25% in 2021.

USA has been ranked 85th within the group of 94 countries we follow in terms of interest rate on bank loans.

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