Iraq—Lending Interest Rate (%)
Latest Value
12.4%
2016
YoY Change
+0.6%
2015 → 2016
Maximum
19.2%
2008
Minimum
12.3%
2015
CAGR
-1.4%
15 years
Last
12.4%
Previous
12.3%
Highest
19.2%
Lowest
12.3%
Unit
%
Source
World Bank World Development Indicators
Iraq's lending interest rate (%) was 12.4% in 2016. This represents a +0.6% change from 2015. Over the past 15 years, the highest recorded value was 19.2% (2008) and the lowest was 12.3% (2015). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2016 | 12.4% | +0.6% |
| 2015 | 12.3% | -2.5% |
| 2014 | 12.6% | -7.2% |
| 2013 | 13.6% | -2.1% |
| 2012 | 13.9% | -1.9% |
| 2011 | 14.1% | -1.5% |
| 2010 | 14.3% | -11.2% |
| 2009 | 16.2% | -15.9% |
| 2008 | 19.2% | +2.3% |
| 2007 | 18.8% | +30.7% |
| 2006 | 14.4% | +7.1% |
| 2005 | 13.4% | +1.1% |
| 2004 | 13.3% | -11.5% |
| 2003 | 15.0% | +0.0% |
| 2002 | 15.0% |
Top Countries — Lending Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 60.0% | 2025 |
| 2 | Zimbabwe | 46.4% | 2025 |
| 3 | Argentina | 46.0% | 2025 |
| 4 | Brazil | 45.3% | 2025 |
| 5 | Malawi | 37.1% | 2024 |
| 6 | Egypt, Arab Rep. | 24.3% | 2024 |
| 7 | Congo, Dem. Rep. | 23.3% | 2021 |
| 8 | Uzbekistan | 23.1% | 2024 |
| 9 | Gambia, The | 22.0% | 2025 |
| 10 | Sierra Leone | 21.4% | 2025 |
About This Indicator
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.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).
Unit
%