Makrognosis

Japan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks)

MonthlyNot seasonally adjustedCode JP.LENDRATE.M.NSA

Latest1.5%August 2026
Previous1.5%July 2026
Year ago1.1%August 2025

Japan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks) was 1.5% in August 2026, unchanged from July 2026 and up 0.4 percentage points from a year earlier.

That is the highest reading since May 2011.

Over the past ten years it has ranged from 0.8% (Dec 2022) to 1.5% (Aug 2026), averaging 0.9%.

Japan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks) (%), Jan 1996 – Aug 20260.5%1.0%1.5%2.0%2.5%200020052010201520202025Robomacro
Japan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks) (%), Jan 1996 – Aug 2026. Source: Bank of Japan.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
August 20261.5%
July 20261.5%
June 20261.5%
May 20261.4%
April 20261.3%
March 20261.3%
February 20261.3%
January 20261.2%
December 20251.2%
November 20251.2%
October 20251.2%
September 20251.2%
August 20251.1%
July 20251.1%
June 20251.1%
May 20251.1%
April 20251.1%
March 20251.0%
February 20251.0%
January 20251.0%
December 20240.9%
November 20240.9%
October 20240.9%
September 20240.9%

Last 24 observations. The full history (368 observations) is available through the API.

Get Japan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/JP.LENDRATE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/JP.LENDRATE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationAugust 2026
First observationJanuary 1996
Observations368
FrequencyMonthly
Units%
AdjustmentNot seasonally adjusted
10-year high1.5% (Aug 2026)
10-year low0.8% (Dec 2022)
10-year average0.9%
Source agencyBank of Japan
Makrognosis codeJP.LENDRATE.M.NSA

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FAQ

What is the current average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks) in Japan?
The latest reading is 1.5% for August 2026, published by Bank of Japan.
Where does this data come from?
It is collected directly from Bank of Japan and is available through the Makrognosis API under the code JP.LENDRATE.M.NSA.

Last updated 2026-10-16. Source: Bank of Japan. Original title: “Japan: Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks)”.