euroflation.

Eurozone business lending rate by country

Business lending rate across the euro area (Latest: May 2026 · June 2026) ranges from 5.2% (Ireland) down to 3.0% (Luxembourg), against a euro-area average of 3.7%.

🇮🇪Ireland5.2%June 2026▲ 0.3
🇪🇪Estonia5.0%June 2026▼ 1.8
🇱🇹Lithuania4.9%June 2026▲ 0.4
🇱🇻Latvia4.8%May 2026▼ 2.0
🇧🇬Bulgaria4.5%June 2026▼ 0.2
🇸🇰Slovakia4.4%June 2026▲ 0.3
🇲🇹Malta4.3%May 2026▼ 0.3
🇬🇷Greece4.3%June 2026▼ 0.8
🇵🇹Portugal4.1%June 2026▲ 0.4
🇨🇾Cyprus4.0%June 2026▲ 0.1
🇸🇮Slovenia3.9%June 2026▲ 0.6
🇩🇪Germany3.8%June 2026▲ 0.3
🇧🇪Belgium3.7%June 2026▲ 0.3
🇦🇹Austria3.7%June 20260.0
🇮🇹Italy3.7%June 2026▲ 0.1
🇫🇷France3.7%June 2026▲ 0.1
🇫🇮Finland3.6%June 2026▼ 0.5
🇳🇱Netherlands3.6%June 2026▲ 0.3
🇭🇷Croatia3.6%June 20260.0
🇪🇸Spain3.5%June 2026▲ 0.4
🇱🇺Luxembourg3.0%May 2026▼ 0.7
rising falling▲▼ arrows always paired with colour (colourblind-safe)Tap a column header to sort.

Source: ECB (MIR) · updated 2026-08-20 · modifications: none

See the euro-area aggregate →

Frequently asked questions

Which euro-area country has the highest business lending rate?
Ireland, at 5.2%.
Which euro-area country has the lowest business lending rate?
Luxembourg, at 3.0%.
What is the euro-area average business lending rate?
The euro-area average is 3.7%.