Botswana: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 6.76 percent as of September 2022, no change compared to the previous value of 6.76 percent. Historically, the average for Botswana from February 2013 to September 2022 is 7.11 percent. The minimum of 5.25 percent was recorded in October 2020, while the maximum of 11 percent was reached in February 2013.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Botswana
| Recent values | Botswana: Business credit interest rate, percent |
|---|---|
| 2022 Sep | 6.76 |
| 2022 Aug | 6.76 |
| 2022 Jul | 6.26 |
| 2022 Jun | 6.26 |
| 2022 May | 5.76 |
| 2022 Apr | 5.76 |
| 2022 Mar | 5.25 |
| 2022 Feb | 5.25 |
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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 | 5.1 | 2023 | percent |
| Exchange rate regimes | 5 | 2021 | index points |
| USD exchange rate | 13.6528 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 102.20 | 9/2022 | billion |
| Consumer Price Index (CPI) | 194.6029 | 9/2023 | index points |
| Inflation, monthly | 1.70 | 9/2023 | percent |
| Inflation, annual | 3.11 | 9/2023 | percent |
| Private sector credit | 72.77 | 9/2022 | billion |
| Business credit | 25.52 | 9/2022 | billion |
| Household credit | 47.25 | 9/2022 | billion |
| Mortgage credit | 10.60 | 9/2022 | billion |
| Consumer credit | 36.65 | 9/2022 | billion |
| Deposit interest rate | 1.27 | 9/2022 | percent |
| Business credit interest rate | 6.76 | 9/2022 | percent |