St. Kitts and Nevis - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in St. Kitts and Nevis was 7.14 as of 2021. Over the past 41 years, the value for this indicator has fluctuated between 12.22 in 2003 and 7.14 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
1980 8.06
1981 8.54
1982 8.54
1983 8.54
1984 9.48
1985 10.99
1986 11.38
1987 11.38
1988 10.99
1989 11.38
1990 11.38
1991 11.30
1992 10.76
1993 10.28
1994 10.94
1995 10.89
1996 10.92
1997 11.16
1998 11.42
1999 11.21
2000 11.10
2001 11.08
2002 10.89
2003 12.22
2004 10.25
2005 10.03
2006 9.30
2007 9.28
2008 8.70
2009 8.75
2010 8.62
2011 9.45
2012 8.73
2013 8.78
2014 9.28
2015 9.30
2016 9.23
2017 9.09
2018 8.86
2019 8.52
2020 7.65
2021 7.14

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates