Algeria - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Algeria was 8.00 as of 2021. Over the past 26 years, the value for this indicator has fluctuated between 19.00 in 1996 and 8.00 in 2004.

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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
0.00
5.00
10.00
15.00
20.00
25.00
Year Value
1995 18.42
1996 19.00
1997 15.71
1998 11.50
1999 10.75
2000 10.00
2001 9.50
2002 8.58
2003 8.13
2004 8.00
2005 8.00
2006 8.00
2007 8.00
2008 8.00
2009 8.00
2010 8.00
2011 8.00
2012 8.00
2013 8.00
2014 8.00
2015 8.00
2016 8.00
2017 8.00
2018 8.00
2019 8.00
2020 8.00
2021 8.00

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates