Benin: Mortgage credit interest rate

* indicates monthly or quarterly data series
The most recent value is 6.93 percent as of December 2023, a decline compared to the previous value of 8.09 percent. Historically, the average for Benin from January 2014 to December 2023 is 7.53 percent. The minimum of 2.6 percent was recorded in April 2021, while the maximum of 10.13 percent was reached in May 2018. Click on the following link to see the values of: Mortgage credit interest rate around the world.
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Recent values Benin: Mortgage credit interest rate, percent
2023  Dec 6.93
2023  Nov 8.09
2023  Oct 8.32
2023  Sep 8.32
2023  Aug 8.24
2023  Jul 8.53
2023  Jun 9.03
2023  May 6.79


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest Reference Measure
 Inflation 2.7 2023 percent
 Exchange rate regimes 3 2022 index points
 USD exchange rate 633.1326 1/2025 Local Currency Units per USD
 Money supply (broad money) 3,549.60 9/2024 billion
 Consumer Price Index (CPI) 110.8000 12/2024 index points
 Inflation, monthly -0.18 12/2024 percent
 Inflation, annual -0.36 12/2024 percent
 Private sector credit 2,138.90 9/2024 billion
 Business credit 1,588.90 9/2024 billion
 Household credit 550.00 9/2024 billion
 Deposit interest rate 5.40 Q2/2024 percent
 Business credit interest rate 7.15 12/2023 percent
 Mortgage credit interest rate 6.93 12/2023 percent
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