Ethiopia: Lending interest rate
* indicates monthly or quarterly data series
| Ethiopia |
Interest rates on bank credit to the private sector |
|---|---|
| Latest value | 8.00 |
| Year | 2008 |
| Measure | percent |
| Data availability | 1985 - 2008 |
| Average | 9.02 |
| Min - Max | 6.00 - 15.08 |
| Source | The World Bank |
The latest value from 2008 is 8 percent, an increase from 7.5 percent in 2007. In comparison, the world average is 13.14 percent, based on data from 134 countries. Historically, the average for Ethiopia from 1985 to 2008 is 9.02 percent. The minimum value, 6 percent, was reached in 1987 while the maximum of 15.08 percent was recorded in 1995.
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* indicates monthly or quarterly data series
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The lending interest rate in Ethiopia 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.
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International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 3.32 | 2008 | interest rate points |
| Bank cost to income ratio | 55.42 | 2021 | percent |
| Non-performing loans | 4.25 | 2022 | percent |
| Bank overhead cost | 2.42 | 2021 | percent |
| Net interest margin | 3.62 | 2021 | percent |
| Bank credit to deposits | 65.62 | 2008 | percent |
| Regulatory capital to risk-weighted assets | 16.18 | 2020 | percent |
| Return on assets | 1.53 | 2021 | percent |
| Return on equity | 15.84 | 2021 | percent |
| Banking system z-scores | 11.56 | 2021 | index points |
| Liquid assets to deposits | 14.13 | 2021 | percent |
| Banking system capital to assets | 7.16 | 2020 | percent |
| Non-interest income to total income | 30.83 | 2021 | percent |
| Lending interest rate | 8.00 | 2008 | percent |
| Real interest rate | -17.12 | 2008 | percent |
| Legal rights | 3.00 | 2019 | points |
| Credit information sharing | 0.00 | 2019 | points |