Bank Lending Rate in Hungary remained unchanged at 1.85 percent in January from 1.85 percent in December of 2020. source: National Bank of Hungary

Bank Lending Rate in Hungary averaged 6.65 percent from 2000 until 2021, reaching an all time high of 14.25 percent in January of 2000 and a record low of 0.90 percent in November of 2016. This page provides the latest reported value for - Hungary Interest Rate on Collateralized Loans - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Interest Rate on Collateralized Loans - values, historical data and charts - was last updated on February of 2021.

Bank Lending Rate in Hungary is expected to be 1.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Hungary to stand at 1.25 in 12 months time. In the long-term, the Hungary Interest Rate on Collateralized Loans is projected to trend around 2.25 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Hungary Interest Rate on Collateralized Loans

Actual Previous Highest Lowest Dates Unit Frequency
1.85 1.85 14.25 0.90 2000 - 2021 percent Monthly

Hungary Consumer Last Previous Highest Lowest Unit
Consumer Confidence -33.80 -38.50 0.50 -72.30 points [+]
Retail Sales MoM -0.20 1.00 5.70 -13.20 percent [+]
Retail Sales YoY -4.00 -0.70 17.10 -43.00 percent [+]
Consumer Spending 5822204.00 5581503.00 6572001.00 3560190.00 HUF Million [+]
Personal Savings 11.07 12.68 17.90 6.73 percent [+]
Private Sector Credit 8115.40 8042.70 8746.70 235.80 HUF Billion [+]
Bank Lending Rate 1.85 1.85 14.25 0.90 percent [+]
Households Debt To GDP 19.70 19.00 40.70 3.90 percent of GDP [+]
Households Debt To Income 33.31 32.23 66.35 9.57 percent [+]
Consumer Credit 988.28 986.97 988.28 323.54 HUF Billion [+]
Gasoline Prices 1.30 1.24 1.90 0.72 USD/Liter [+]


Hungary Interest Rate on Collateralized Loans
In Hungary, interest rate on collateralized loans is 1 day interest charged on loans by central bank to commercial banks and companies.