Bank Lending Rate in Portugal increased to 2.09 percent in April from 2.06 percent in March of 2022. source: Banco de Portugal

Bank Lending Rate in Portugal averaged 5.01 percent from 2003 until 2022, reaching an all time high of 8.08 percent in October of 2008 and a record low of 1.63 percent in May of 2020. This page provides - Portugal Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Bank Lending Rate - values, historical data and charts - was last updated on June of 2022.

Bank Lending Rate in Portugal is expected to be 2.09 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Bank Lending Rate is projected to trend around 3.59 percent in 2023 and 3.34 percent in 2024, according to our econometric models.

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Portugal Bank Lending Rate

Related Last Previous Unit Reference
Consumer Credit 127023.60 126625.80 EUR Million Apr 2022
Personal Spending 4.60 5.50 percent May 2022
Bank Lending Rate 2.09 2.06 percent Apr 2022

Portugal Bank Lending Rate
In Portugal, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
2.09 2.06 8.08 1.63 2003 - 2022 percent Monthly