Saudi Arabia: Interest rates on bank credit to the private sector: For that indicator, The World Bank provides data for Saudi Arabia from to . The average value for Saudi Arabia during that period was percent with a minumum of percent in and a maximum of percent in . See the global rankings for that indicator or use the country comparator to compare trends over time.
No data for this country
The lending interest rate in Saudi Arabia 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.