CANADA AND THE WORLD
The cost of long-term borrowing
Compare the yield on long-term government bonds.
This measure keeps its own unit. A money or metal rate would change its meaning.
The chart uses the shared start and end years. Missing years stay as gaps.
Selected peers
The cost of long-term borrowing
Percent per year
Years shown1989 — 2025
The source marks a change in its method. Lines stop at that break.
These are chosen peers, not a rank of the whole world. Add other places below.
- Canada
- United States
- United Kingdom
- Germany
- France
- Japan
- Australia
Canada
3.235Last shared year: 2025Change over these years-6.548 Points
United States
4.292Last shared year: 2025Change over these years-4.207 Points
United Kingdom
4.582Last shared year: 2025Change over these years-5.609 Points
Germany
2.609Last shared year: 2025Change over these years-4.416 Points
France
3.37Last shared year: 2025Change over these years-5.411 Points
Japan
1.553Last shared year: 2025Change over these years-3.574 Points
Australia
4.365Last shared year: 2025Change over these years-9.043 Points
Data version: 2026-10-14-d4c41787a9e2
See the numbers
The table shows the chosen view. The CSV also keeps the source and rate links used to make it.
| Year | Canada | United States | United Kingdom | Germany | France | Japan | Australia |
|---|---|---|---|---|---|---|---|
| 1989 | 9.782253 | 8.498333 | 10.19083 | 7.025 | 8.78095 | 5.12725 | 13.40833 |
| 1990 | 10.72708 | 8.55 | 11.8025 | 8.726459 | 9.915916 | 6.959917 | 13.18 |
| 1991 | 9.455926 | 7.858333 | 10.105 | 8.445625 | 9.038083 | 6.336667 | 10.69083 |
| 1992 | 8.061233 | 7.01 | 9.063334 | 7.835208 | 8.584008 | 5.326583 | 9.22 |
| 1993 | 7.24507 | 5.873333 | 7.479609 | 6.496459 | 6.792833 | 4.320917 | 7.280833 |
| 1994 | 8.364868 | 7.08 | 8.1221 | 6.884414 | 7.223017 | 4.363333 | 9.041667 |
| 1995 | 8.161792 | 6.58 | 8.200283 | 6.850543 | 7.5347 | 3.4435 | 9.210896 |
| 1996 | 7.229915 | 6.438334 | 7.810184 | 6.215378 | 6.335341 | 3.1015 | 8.209207 |
| 1997 | 6.143073 | 6.3525 | 7.052592 | 5.640138 | 5.58535 | 2.373667 | 6.954918 |
| 1998 | 5.279053 | 5.264167 | 5.550958 | 4.573801 | 4.648817 | 1.541417 | 5.49297 |
| 1999 | 5.541102 | 5.636667 | 5.093525 | 4.49061 | 4.618525 | 1.749 | 6.009312 |
| 2000 | 5.925412 | 6.029167 | 5.328975 | 5.263958 | 5.4026 | 1.744417 | 6.314569 |
| 2001 | 5.480272 | 5.0175 | 4.9295 | 4.796593 | 4.951217 | 1.319 | 5.615264 |
| 2002 | 5.290907 | 4.610833 | 4.894242 | 4.78358 | 4.875967 | 1.263167 | 5.843958 |
| 2003 | 4.810544 | 4.015 | 4.526592 | 4.071143 | 4.135375 | 1.00325 | 5.366776 |
| 2004 | 4.579607 | 4.274167 | 4.882267 | 4.037156 | 4.099583 | 1.492667 | 5.590775 |
| 2005 | 4.066929 | 4.29 | 4.413892 | 3.354017 | 3.407367 | 1.35475 | 5.339973 |
| 2006 | 4.20776 | 4.791667 | 4.501675 | 3.764125 | 3.796917 | 1.7405 | 5.587872 |
| 2007 | 4.269767 | 4.629167 | 5.011275 | 4.216955 | 4.303916 | 1.6655 | 5.994521 |
| 2008 | 3.605302 | 3.666667 | 4.590725 | 3.984768 | 4.235192 | 1.467333 | 5.817944 |
| 2009 | 3.230619 | 3.256667 | 3.647517 | 3.222218 | 3.647492 | 1.33375 | 5.039512 |
| 2010 | 3.23514 | 3.214167 | 3.624425 | 2.744267 | 3.115708 | 1.148333 | 5.366042 |
| 2011 | 2.783036 | 2.785833 | 3.135992 | 2.609185 | 3.320142 | 1.102417 | 4.879583 |
| 2012 | 1.87341 | 1.8025 | 1.918042 | 1.49513 | 2.535725 | 0.8355833 | 3.379167 |
| 2013 | 2.261959 | 2.350833 | 2.389783 | 1.571408 | 2.204342 | 0.6896667 | 3.714792 |
| 2014 | 2.23083 | 2.540833 | 2.569083 | 1.163472 | 1.666917 | 0.5203333 | 3.663833 |
| 2015 | 1.521695 | 2.135833 | 1.901033 | 0.4951937 | 0.840825 | 0.35 | 2.7205 |
| 2016 | 1.251758 | 1.841667 | 1.305208 | 0.09149919 | 0.4675583 | -0.06625 | 2.340833 |
| 2017 | 1.783652 | 2.33 | 1.235808 | 0.3163361 | 0.8093167 | 0.05166667 | 2.64125 |
| 2018 | 2.277912 | 2.91 | 1.460658 | 0.396364 | 0.7838084 | 0.065 | 2.681667 |
| 2019 | 1.588883 | 2.144167 | 0.935825 | -0.2536345 | 0.1302833 | -0.1104167 | 1.497083 |
| 2020 | 0.7531087 | 0.8941666 | 0.3744417 | -0.511024 | -0.144575 | -0.005416667 | 0.9201667 |
| 2021 | 1.358811 | 1.4425 | 0.7876083 | -0.3738212 | 0.007941667 | 0.07166667 | 1.47975 |
| 2022 | 2.770586 | 2.951667 | 2.447292 | 1.142583 | 1.700808 | 0.2316667 | 3.1965 |
| 2023 | 3.361192 | 3.9575 | 4.0583 | 2.434599 | 2.994958 | 0.5625 | 3.942167 |
| 2024 | 3.339469 | 4.208333 | 4.144242 | 2.321084 | 2.975517 | 0.9183334 | 4.20975 |
| 2025 | 3.234741 | 4.291667 | 4.582183 | 2.609194 | 3.369808 | 1.553333 | 4.36525 |
Check the coverage
A gap means there is no value in this source. It does not mean zero.
| Place | First year | Last year | Missing years in this view |
|---|---|---|---|
| Canada | 1955 | 2025 | — |
| United States | 1954 | 2025 | — |
| United Kingdom | 1960 | 2025 | — |
| Germany | 1957 | 2025 | — |
| France | 1960 | 2025 | — |
| Japan | 1989 | 2025 | — |
| Australia | 1970 | 2025 | — |
All places at the shared year
This list uses the last year shown above. Missing places stay visible. 2025 · Percent per year
| Place | Names used by the source | Value |
|---|---|---|
| Argentina | Argentina | No data |
| Australia | Australia | 4.36525 |
| Austria | Austria | 2.99075 |
| Belgium | Belgium | 3.185 |
| Brazil | Brazil | 8.6625 |
| Canada | Canada | 3.234741 |
| Switzerland | Switzerland | 0.3238333 |
| Chile | Chile | 5.684362 |
| China | China | 1.749167 |
| Colombia | Colombia | 12.44 |
| Costa Rica | Costa Rica | 6.554925 |
| Czechia | Czechia | 4.314939 |
| Germany | Germany | 2.609194 |
| Denmark | Denmark | 2.469333 |
| Euro area | Euro area | No data |
| Spain | Spain | 3.219641 |
| Estonia | Estonia | 3.319167 |
| Finland | Finland | 3.009231 |
| France | France | 3.369808 |
| United Kingdom | United Kingdom | 4.582183 |
| Greece | Greece | 3.375 |
| Hungary | Hungary | 6.934166 |
| Indonesia | Indonesia | No data |
| India | India | 6.526375 |
| Ireland | Ireland | 2.898725 |
| Iceland | Iceland | No data |
| Israel | Israel | 4.244167 |
| Italy | Italy | 3.588917 |
| Japan | Japan | 1.553333 |
| South Korea | Korea, Rep. | 2.89225 |
| Lithuania | Lithuania | 2.88 |
| Luxembourg | Luxembourg | 2.91675 |
| Latvia | Latvia | 3.3025 |
| Mexico | Mexico | No data |
| Netherlands | Netherlands | 2.813583 |
| Norway | Norway | 3.943254 |
| New Zealand | New Zealand | 4.4725 |
| Poland | Poland | 5.4975 |
| Portugal | Portugal | 3.078333 |
| Russia | Russian Federation | No data |
| Saudi Arabia | Saudi Arabia | No data |
| Slovakia | Slovak Republic | 3.430809 |
| Slovenia | Slovenia | 3.113333 |
| Sweden | Sweden | 2.476745 |
| Türkiye | Turkiye | No data |
| United States | United States | 4.291667 |
| South Africa | South Africa | 10.23417 |
Read the sources
Source snapshot: 2026-10-14-d4c41787a9e2 · Checked:
- Financial market: long-term interest rates ↗OECD · Source document in English
- Financial market data structure ↗OECD · Source document in English
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A bond yield is a yearly rate. The source defines the bond term and how it finds the rate.
What this does not show
A yield is not the return you would get from buying and later selling a bond.
- A bond yield is a rate, not a return earned by holding or selling a bond.
- The source marks method changes in some years. Lines stop at those breaks.
- Bond terms and source methods can differ by place.
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The cost of long-term borrowing
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What this does not show: A yield is not the return you would get from buying and later selling a bond.
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