Comoros: Lending interest rate

* indicates monthly or quarterly data series
 Comoros

Interest rates on bank credit to the private sector

 Latest value 8.03
 Year 2022
 Measure percent
 Data availability 1999 - 2022
 Average 10.60
 Min - Max 7.88 - 13.67
 Source The World Bank
The latest value from 2022 is 8.03 percent, an increase from 7.88 percent in 2021. In comparison, the world average is 11.81 percent, based on data from 93 countries. Historically, the average for the Comoros from 1999 to 2022 is 10.6 percent. The minimum value, 7.88 percent, was reached in 2021 while the maximum of 13.67 percent was recorded in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Comoros - Lending interest rate - Recent values chart

Historical series
Comoros - Lending interest rate - historical chart - 1999-2022




The lending interest rate in the Comoros 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Lending-deposit interest rate spread 6.34 2020 interest rate points
 Non-performing loans 23.66 2020 percent
 Bank credit to deposits 57.73 2021 percent
 Lending interest rate 8.03 2022 percent
 Real interest rate 2.73 2022 percent
 Legal rights 6.00 2019 points
 Credit information sharing 2.00 2019 points
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