Sao Tome and Principe: Lending interest rate

* indicates monthly or quarterly data series
 Sao Tome and Principe

Interest rates on bank credit to the private sector

 Latest value 18.49
 Year 2021
 Measure percent
 Data availability 2001 - 2021
 Average 26.67
 Min - Max 18.49 - 37.42
 Source The World Bank
For that indicator, we provide data for Sao Tome and Principe from 2001 to 2021. The average value for Sao Tome and Principe during that period was 26.67 percent with a minimum of 18.49 percent in 2021 and a maximum of 37.42 percent in 2002. The latest value from 2021 is 18.49 percent. For comparison, the world average in 2021 based on 106 countries is 9.96 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
Sao Tome and Principe - Lending interest rate - Recent values chart

Historical chart
Sao Tome and Principe - Lending interest rate - historical chart - 2001-2021

The lending interest rate in Sao Tome and Principe 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 15.85 2020 interest rate points
 Bank credit to deposits 64.64 2020 percent
 Lending interest rate 18.49 2021 percent
 Real interest rate 12.67 2021 percent
 Legal rights 0.00 2019 points
 Credit information sharing 5.00 2019 points
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