# Interest rate on new consumer loans

Monthly average interest rate on new bank loans to households and non-profit institutions serving households for consumption, in percent per year. It excludes revolving loans, overdrafts and credit-card debt.

## Key facts

- Estonia had the highest interest rate on new consumer loans of 20 EU countries in August 2026, at 12.59%, and Malta the lowest, at 4.15%. Source: the European Central Bank.
- Published for 21 places, with figures from January 2003 to August 2026.
- Figures last updated on 2026-10-12.

- Indicator id: `ecb_consumer_credit_rate`
- Unit: %
- Note: Annualised agreed rates or narrowly defined effective rates (AAR/NDER) exclude fees and other charges. New agreements are weighted by their size within the month. This is not the moving-average composite used for housing and business borrowing. The euro area aggregate has changing membership. Coverage varies by country; the Netherlands has no observations from 2003 in this series. Values may be revised.
- Web page: https://invokely.ai/en/consumer-credit-rate
- API: https://invokely.ai/api/v1/indicators/ecb_consumer_credit_rate

## Rankings

- [EU countries](https://invokely.ai/rankings/consumer-credit-rate/eu-countries.md) (20 places)