Monthly short-term prime lending rate in Japan 2019-2024

Published by Statista Research Department, Dec 16, 2024

In December 2024, the short-term prime lending rate in Japan was about 1.63 percent per annum. The prime lending rate is the most frequent interest rate charged by the majority of city banks (Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, and Saitama Resona Bank) on short-term loans to the most creditworthy clients. It serves as the benchmark for variable housing loans rates.

Short-term prime lending rate in Japan from January 2019 to December 2024

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Release date

December 2024

Region

Japan

Survey time period

January 2019 to December 2024

Special properties

as of the end of each month*; values have been rounded

Supplementary notes

*As of December 10.

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