Libya: Lending interest rate

* indicates monthly or quarterly data series
 Libya

Interest rates on bank credit to the private sector

 Latest value 6.00
 Year 2014
 Measure percent
 Data availability 1964 - 2014
 Average 6.77
 Min - Max 6.00 - 7.00
 Source The World Bank
For that indicator, we provide data for Libya from 1964 to 2014. The average value for Libya during that period was 6.77 percent with a minimum of 6 percent in 2007 and a maximum of 7 percent in 1964. The latest value from 2014 is 6 percent. For comparison, the world average in 2014 based on 135 countries is 11.28 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
Libya - Lending interest rate - Recent values chart

Historical chart
Libya - Lending interest rate - historical chart - 1964-2014




The lending interest rate in Libya 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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 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 3.50 2014 interest rate points
 Bank cost to income ratio 28.91 2020 percent
 Bank overhead cost 0.33 2020 percent
 Net interest margin 1.16 2020 percent
 Bank credit to deposits 21.47 2021 percent
 Return on assets 0.81 2020 percent
 Return on equity 11.64 2020 percent
 Banking system z-scores 32.05 2020 index points
 Liquid assets to deposits 92.32 2020 percent
 Non-interest income to total income 56.17 2020 percent
 Lending interest rate 6.00 2014 percent
 Real interest rate 7.08 2014 percent
 Legal rights 0.00 2019 points
 Credit information sharing 0.00 2019 points
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