Burkina Faso: Business credit interest rate

* indicates monthly or quarterly data series
The most recent value is 8.25 percent as of December 2023, an increase compared to the previous value of 7.9 percent. Historically, the average for Burkina Faso from January 2005 to December 2023 is 8.12 percent. The minimum of 5.48 percent was recorded in July 2022, while the maximum of 11.29 percent was reached in August 2005. Click on the following link to see the values of: Business credit interest rate around the world.
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Recent values Burkina Faso: Business credit interest rate, percent
2023  Dec 8.25
2023  Nov 7.9
2023  Oct 7.57
2023  Sep 7.55
2023  Aug 7.52
2023  Jul 7.18
2023  Jun 7.95
2023  May 7.68


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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 0.7 2023 percent
 Exchange rate regimes 3 2022 index points
 USD exchange rate 616.4319 11/2024 Local Currency Units per USD
 Money supply (broad money) 5,769.60 9/2024 billion
 Consumer Price Index (CPI) 133.5000 10/2024 index points
 Inflation, monthly 0.15 10/2024 percent
 Inflation, annual 6.37 10/2024 percent
 Private sector credit 3,909.20 9/2024 billion
 Business credit 2,124.80 9/2024 billion
 Household credit 1,784.40 9/2024 billion
 Deposit interest rate 5.60 Q2/2024 percent
 Business credit interest rate 8.25 12/2023 percent
 Mortgage credit interest rate 7.67 12/2023 percent
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