Rwanda - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Rwanda was 16.18 as of 2021. Over the past 25 years, the value for this indicator has fluctuated between 18.26 in 1996 and 15.72 in 1998.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1996 18.26
1997 16.72
1998 15.72
1999 16.32
2000 16.48
2001 16.35
2002 16.22
2003 15.99
2004 15.99
2005 15.78
2006 15.87
2007 16.00
2008 16.25
2009 16.72
2010 17.00
2011 16.67
2012 16.70
2013 17.32
2014 17.26
2015 17.33
2016 17.29
2017 17.17
2018 16.95
2019 16.53
2020 16.35
2021 16.18

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates