St. Lucia - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in St. Lucia was 8.47 as of 2016. Over the past 38 years, the value for this indicator has fluctuated between 15.00 in 2003 and 7.50 in 1978.

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
1978 7.50
1979 7.50
1980 11.00
1981 13.00
1982 13.00
1983 13.00
1984 13.33
1985 14.00
1986 14.00
1987 11.58
1988 10.42
1989 10.00
1990 10.71
1991 11.91
1992 12.81
1993 11.81
1994 11.06
1995 12.68
1996 12.82
1997 12.68
1998 11.40
1999 12.79
2000 13.06
2001 12.97
2002 12.59
2003 15.00
2004 11.07
2005 10.61
2006 10.78
2007 10.12
2008 10.08
2009 10.58
2010 10.62
2011 10.00
2012 9.50
2013 9.08
2014 9.00
2015 8.86
2016 8.47

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates