Zimbabwe: Business credit interest rate

* indicates monthly or quarterly data series
 Zimbabwe

Business credit interest rate, percent

 Latest value 92.69
 Reference September 2023
 Measure percent
 Data availability June 2011 - September 2023
 Average 23.56
 Min - Max 6.52 - 165.45
 Source Reserve Bank of Zimbabwe
For that indicator, we provide data for Zimbabwe from June 2011 to September 2023. The average value for Zimbabwe during that period was 23.56 percent with a minimum of 6.52 percent in February 2017 and a maximum of 165.45 percent in July 2022. Click on the following link to see the values of Business credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Zimbabwe - Business credit interest rate - recent values

Historical chart
Zimbabwe - Business credit interest rate - historical chart - 2011-2023
Measure: percent
Source: Reserve Bank of Zimbabwe


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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest value Reference Measure
 Inflation 104.7 2022 percent
 Money supply (broad money) 15,711.38 9/2023 billion
 Consumer Price Index (CPI) 100.9549 9/2023 index points
 Inflation, monthly 0.95 9/2023 percent
 Inflation, annual 18.36 9/2023 percent
 Private sector credit 7,968.53 9/2023 billion
 Business credit 5,645.77 9/2023 billion
 Household credit 1,857.30 9/2023 billion
 Business credit interest rate 92.69 9/2023 percent
 USD exchange rate 1,000.0000 9/2023 Local Currency Units per USD
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