Bank Lending Rate in Japan remained unchanged at 1 percent in October from 1 percent in September of 2021. source: Bank of Japan

Bank Lending Rate in Japan averaged 4.81 percent from 1966 until 2021, reaching an all time high of 9.90 percent in October of 1974 and a record low of 0.90 percent in August of 2016. This page provides - Japan Long Term Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Long Term Prime Rate - values, historical data and charts - was last updated on October of 2021.

Bank Lending Rate in Japan is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Long Term Prime Rate is projected to trend around 1.00 percent in 2022 and 1.20 percent in 2023, according to our econometric models.

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Japan Long Term Prime Rate


Japan Last Unit Reference Previous Highest Lowest
Bank Lending Rate 1.00 percent Oct/21 1.00 9.90 0.90
Consumer Credit 477800.00 JPY Billion Jun/21 474218.00 635509.00 366981.00


Japan Long Term Prime Rate
In Japan, the Long Term Prime Rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. The Long Term Prime Rate is adopted and released by Mizuho Corporate Bank.