Bank Lending Rate in Japan remained unchanged at 1 percent in July from 1 percent in June of 2021. source: Bank of Japan
Bank Lending Rate in Japan averaged 4.82 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 July 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. Looking forward, we estimate Bank Lending Rate in Japan to stand at 1.00 in 12 months time. 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.