The average interest rate of loans from monetary financial institutions to non-financial corporations in the euro area overall has decreased slightly in 2024. In January of that year it amounted to 5.18, while it had fallen to 5.06 by July 2024. 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 July 2024
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ECB. (September 3, 2024). Average interest rate on loans to non-financial corporations in the euro area from January 2019 to July 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/
ECB. "Average interest rate on loans to non-financial corporations in the euro area from January 2019 to July 2024." Chart. September 3, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/
ECB. (2024). Average interest rate on loans to non-financial corporations in the euro area from January 2019 to July 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/
ECB. "Average Interest Rate on Loans to Non-financial Corporations in The Euro Area from January 2019 to July 2024." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/
ECB, Average interest rate on loans to non-financial corporations in the euro area from January 2019 to July 2024 Statista, https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/ (last visited December 19, 2024)
Average interest rate on loans to non-financial corporations in the euro area from January 2019 to July 2024 [Graph], ECB, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/941814/average-interest-rate-business-loans-in-euro-area/