* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector in Latin America:

The average for 2020 based on 10 countries was 10.83 percent.The highest value was in Honduras: 17.01 percent and the lowest value was in Mexico: 6.34 percent. The indicator is available from 1960 to 2020. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series
17.01
13.54
12.94
12.53
11.23
11.18
9.85
7.01
6.64
6.34
0
4.3
8.5
12.8
17.01



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.
Lending interest rate around the world
Lending interest rate in Europe
Lending interest rate in Asia
Lending interest rate in Africa
Lending interest rate in North America
Lending interest rate in South America
Lending interest rate in Australia
Lending interest rate in the European union
Lending interest rate in Sub Sahara Africa
Lending interest rate in MENA
Lending interest rate in South East Asia


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