Guinea-Bissau: Lending interest rate

* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector

 Latest value 5.14
 Year 2017
 Measure percent
 Data availability 2005 - 2017
 Average 5.5
 Min - Max 4.74 - 10.37
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 2005 to 2017. The average value for Guinea-Bissau during that period was 5.5 percent with a minimum of 4.74 percent in 2006 and a maximum of 10.37 percent in 2005. The latest value from 2017 is 5.14 percent. For comparison, the world average in 2017 based on 129 countries is 11.18 percent. 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 values chart
Guinea-Bissau - Lending interest rate - recent values

Historical chart
Guinea-Bissau - Lending interest rate - historical chart - 2005-2017

The lending interest rate in Guinea-Bissau 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.

 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 2.76 2005 interest rate points
 Bank credit to deposits 78.35 2021 percent
 Lending interest rate 5.14 2017 percent
 Real interest rate -0.75 2017 percent
 Legal rights 6.00 2020 points
 Credit information sharing 0.00 2019 points
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