Sao Tome and Principe: Lending interest rate

The latest value from 2022 is 17.9 percent, a decline from 18.49 percent in 2021. In comparison, the world average is 11.81 percent, based on data from 93 countries. Historically, the average for Sao Tome and Principe from 2001 to 2022 is 26.27 percent. The minimum value, 17.9 percent, was reached in 2022 while the maximum of 37.42 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.