Guinea-Bissau: Mortgage credit interest rate
* indicates monthly or quarterly data series
The most recent value is 9.6 percent as of October 2023, a decline compared to the previous value of 9.63 percent. Historically, the average for Guinea-Bissau from May 2017 to October 2023 is 8.52 percent. The minimum of 4.29 percent was recorded in February 2022, while the maximum of 11.29 percent was reached in May 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of West African States
Recent values | Guinea-Bissau: Mortgage credit interest rate, percent |
---|---|
2023  Oct | 9.6 |
2023  Sep | 9.63 |
2023  Aug | 9.64 |
2023  Jul | 9.68 |
2023  Jun | 10.4 |
2023  May | 11.29 |
2023  Apr | 7 |
2023  Mar | 8.18 |
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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 9.4 | 2022 | percent |
Exchange rate regimes | 3 | 2022 | index points |
USD exchange rate | 600.9564 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 553.50 | 6/2024 | billion |
Consumer Price Index (CPI) | 132.1000 | 6/2024 | index points |
Inflation, monthly | 0.53 | 6/2024 | percent |
Inflation, annual | 2.64 | 6/2024 | percent |
Private sector credit | 177.40 | 6/2024 | billion |
Business credit | 86.40 | 6/2024 | billion |
Household credit | 91.00 | 6/2024 | billion |
Deposit interest rate | 3.88 | Q2/2024 | percent |
Business credit interest rate | 7.50 | 12/2023 | percent |
Mortgage credit interest rate | 9.60 | 10/2023 | percent |