Zimbabwe: Lending interest rate

(measure: percent; source: The World Bank)

Zimbabwe: Interest rates on bank credit to the private sector

: For that indicator, The World Bank provides data for Zimbabwe from 1978 to 2007. The average value for Zimbabwe during that period was 78.61 percent with a minumum of 11.71 percent in 1990 and a maximum of 578.96 percent in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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.

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.