Bank Lending Rate in Spain decreased to 4.41 percent in December from 4.43 percent in November of 2023. Bank Lending Rate in Spain averaged 2.85 percent from 2003 until 2023, reaching an all time high of 6.29 percent in May of 2008 and a record low of 0.71 percent in January of 2020. source: Bank of Spain

Bank Lending Rate in Spain is expected to be 4.41 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Bank Rate on Loans to Non Financial Corporations is projected to trend around 2.16 percent in 2025, according to our econometric models.

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Spain Bank Rate on Loans to Non Financial Corporations

Related Last Previous Unit Reference
Consumer Confidence 78.60 77.60 points Jan 2024
Retail Sales MoM -0.70 0.80 percent Dec 2023
Retail Sales YoY 3.10 5.00 percent Dec 2023
Consumer Spending 204097.00 201351.00 EUR Million Dec 2023
Disposable Personal Income 251325.00 296787.00 EUR Million Sep 2023
Personal Savings 3.34 19.86 percent Sep 2023
Private Sector Credit 1138082.00 1148523.00 EUR Million Jan 2024
Consumer Credit 631222273.00 645092692.00 EUR Thousand Sep 2023
Bank Lending Rate 4.41 4.43 percent Dec 2023
Gasoline Prices 1.81 1.75 USD/Liter Feb 2024
Households Debt to GDP 49.90 50.40 percent of GDP Jun 2023
Households Debt to Income 84.78 88.35 percent Dec 2022

Spain Bank Rate on Loans to Non Financial Corporations
In Spain, the bank lending rate is the average rate of interest charged on 1 to 5 year loans by commercial banks to non financial corporations.
Actual Previous Highest Lowest Dates Unit Frequency
4.41 4.43 6.29 0.71 2003 - 2023 percent Monthly