Fiji - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Fiji was 5.94 as of 2021. Over the past 29 years, the value for this indicator has fluctuated between 12.45 in 1992 and 5.68 in 2018.

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
1992 12.45
1993 11.89
1994 11.44
1995 11.24
1996 11.14
1997 11.03
1998 9.64
1999 8.77
2000 8.40
2001 8.34
2002 8.05
2003 7.60
2004 7.17
2005 6.78
2006 7.35
2007 9.01
2008 8.00
2009 7.85
2010 7.49
2011 7.47
2012 7.02
2013 6.10
2014 5.77
2015 5.79
2016 5.86
2017 5.75
2018 5.68
2019 6.03
2020 6.19
2021 5.94

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates