Saint Lucia: Lending interest rate

* indicates monthly or quarterly data series
 Saint Lucia

Interest rates on bank credit to the private sector

 Latest value 6.51
 Year 2022
 Measure percent
 Data availability 1981 - 2022
 Average 11.11
 Min - Max 6.51 - 15.00
 Source The World Bank
For that indicator, we provide data for Saint Lucia from 1981 to 2022. The average value for Saint Lucia during that period was 11.11 percent with a minimum of 6.51 percent in 2022 and a maximum of 15 percent in 2003. The latest value from 2022 is 6.51 percent. For comparison, the world average in 2022 based on 91 countries is 11.75 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
Saint Lucia - Lending interest rate - Recent values chart

Historical chart
Saint Lucia - Lending interest rate - historical chart - 1981-2022




The lending interest rate in Saint Lucia 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 5.60 2020 interest rate points
 Bank cost to income ratio 55.84 2018 percent
 Non-performing loans 13.80 2021 percent
 Bank overhead cost 2.98 2018 percent
 Net interest margin 3.29 2018 percent
 Bank credit to deposits 93.14 2021 percent
 Return on assets 1.95 2018 percent
 Return on equity 23.13 2018 percent
 Banking system z-scores 4.90 2018 index points
 Liquid assets to deposits 33.67 2018 percent
 Non-interest income to total income 52.34 2018 percent
 Lending interest rate 6.51 2022 percent
 Real interest rate 3.28 2022 percent
 Legal rights 5.00 2019 points
 Credit information sharing 0.00 2019 points
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