Zimbabwe - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Zimbabwe was 45.48 as of 2021. Over the past 9 years, the value for this indicator has fluctuated between 45.48 in 2021 and 6.91 in 2017.

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
2012 11.60
2013 9.74
2014 9.47
2015 8.54
2016 7.11
2017 6.91
2018 7.13
2019 16.18
2020 33.01
2021 45.48

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates