Angola: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 15.09 percent as of June 2024, an increase compared to the previous value of 14.68 percent. Historically, the average for Angola from January 2001 to June 2024 is 31.42 percent. The minimum of 10.54 percent was recorded in April 2008, while the maximum of 115.52 percent was reached in February 2001.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Angola
| Recent values | Angola: Business credit interest rate, percent |
|---|---|
| 2024 Jun | 15.09 |
| 2024 May | 14.68 |
| 2024 Apr | 14.24 |
| 2024 Mar | 13.56 |
| 2024 Feb | 12.62 |
| 2024 Jan | 14.58 |
| 2023 Dec | 14.23 |
| 2023 Nov | 12.93 |
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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 13.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 828.8012 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 14,730.22 | 9/2023 | billion |
| Consumer Price Index (CPI) | 162.3000 | 9/2023 | index points |
| Inflation, monthly | 2.09 | 9/2023 | percent |
| Inflation, annual | 15.02 | 9/2023 | percent |
| Private sector credit | 5,256.25 | 9/2023 | billion |
| Business credit | 3,909.60 | 9/2023 | billion |
| Household credit | 1,346.65 | 9/2023 | billion |
| Deposit interest rate | 10.56 | 9/2023 | percent |
| Business credit interest rate | 16.35 | 9/2023 | percent |