Lao PDR - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Lao PDR was 22.61 as of 2010. Over the past 19 years, the value for this indicator has fluctuated between 32.00 in 2000 and 22.61 in 2010.

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
1991 26.00
1992 26.00
1993 25.33
1994 24.00
1995 25.67
1996 27.00
1998 29.28
1999 32.00
2000 32.00
2001 26.17
2002 29.33
2003 30.50
2004 29.25
2005 26.83
2006 30.00
2007 28.50
2008 24.00
2009 24.78
2010 22.61

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates