Zambia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Zambia was 0.76 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 25.18 in 1993 and a minimum value of 0.76 in 2020.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. 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 2.00
1979 2.33
1980 2.50
1981 3.33
1982 3.50
1983 6.00
1984 6.83
1985 3.27
1986 9.65
1987 7.96
1988 6.95
1989 6.95
1990 9.45
1991 11.50
1992 6.07
1993 25.18
1994 24.42
1995 15.29
1996 11.66
1997 12.22
1998 18.72
1999 20.25
2000 18.56
2001 22.83
2002 21.87
2003 18.62
2004 19.22
2005 17.02
2006 12.83
2007 9.67
2008 12.51
2009 14.97
2010 13.52
2011 11.81
2012 5.15
2013 3.03
2014 3.70
2015 4.26
2016 4.72
2017 3.49
2018 2.99
2019 2.01
2020 0.76

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates