Canada vs Japan: Lending interest rate
Canada
2.7%
in 2017
Japan
1.0%
in 2017
Canada rank
145th
Japan rank
147th
Lending interest rate over time
- Canada
- Japan
How they compare
Canada currently reports 2.7% against 1.0% in Japan, a difference of 1.7%.
That makes Canada's figure about 2.7 times Japan's.
Across all 25 years both countries report, Canada has been ahead every year.
Globally, Canada ranks 145th and Japan ranks 147th of 148 countries.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.