Zimbabwe: Interest rates on bank credit to the private sector: For that indicator, The World Bank provides data for Zimbabwe from 1978 to 2005. The average value for Zimbabwe during that period was 45.81 percent with a minumum of 11.71 percent in 1990 and a maximum of 278.92 percent in 2004.
The lending interest rate in Zimbabwe shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households. Lending interest rate rankings around the world. Create and download charts for Zimbabwe Lending interest rate and other indicators with the country comparator.
World Bank 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.