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PanamaLending Interest Rate (%)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #75 of 112Series years: 20002022
Latest Value
6.9%
2022
YoY Change
-0.4%
20212022
Global Rank
#75
of 112 countries
Maximum
11.0%
2001
Minimum
6.5%
2015
CAGR
-1.9%
23 years
Last
6.9%
Previous
6.9%
Highest
11.0%
Lowest
6.5%
Unit
%
Source
World Bank World Development Indicators

Panama's lending interest rate (%) was 6.9% in 2022, ranking #75 out of 112 countries. This represents a -0.4% change from 2021. Over the past 23 years, the highest recorded value was 11.0% (2001) and the lowest was 6.5% (2015). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20226.9%-0.4%
20216.9%-1.0%
20207.0%-1.2%
20197.1%+3.0%
20186.9%+1.7%
20176.8%+2.5%
20166.6%+1.6%
20156.5%-6.3%
20146.9%-6.3%
20137.4%-4.2%
20127.7%+2.7%
20117.5%+2.8%
20107.3%-4.1%
20097.6%-3.5%
20087.9%-10.1%
20078.8%+1.3%
20068.7%+0.2%
20058.7%-1.8%
20048.8%-11.1%
20039.9%-6.2%
200210.6%-3.5%
200111.0%+4.7%
200010.5%

Top Countries — Lending Interest Rate (%)

#CountryValueYear
1Madagascar60.0%2025
2Zimbabwe46.4%2025
3Argentina46.0%2025
4Brazil45.3%2025
5Malawi37.1%2024
6Egypt, Arab Rep.24.3%2024
7Congo, Dem. Rep.23.3%2021
8Uzbekistan23.1%2024
9Gambia, The22.0%2025
10Sierra Leone21.4%2025
View all 112 countries →

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

%

Source: World Bank (World Development Indicators)Available series: 20002022View original source →