Dominica - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Dominica was 6.30 as of 2021. Over the past 39 years, the value for this indicator has fluctuated between 11.92 in 1993 and 6.30 in 2021.

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
1982 10.18
1983 10.45
1984 11.21
1985 10.77
1986 10.99
1987 11.26
1988 11.26
1989 11.26
1990 11.26
1991 11.22
1992 11.52
1993 11.92
1994 11.61
1995 11.50
1996 11.43
1997 11.17
1998 11.27
1999 11.40
2000 11.68
2001 11.14
2002 10.97
2003 11.50
2004 8.94
2005 9.92
2006 9.50
2007 9.17
2008 9.06
2009 10.02
2010 9.46
2011 8.84
2012 9.04
2013 9.07
2014 8.94
2015 8.67
2016 8.28
2017 8.08
2018 7.81
2019 7.54
2020 6.90
2021 6.30

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates