Colombia - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Colombia was 9.34 as of 2021. Over the past 35 years, the value for this indicator has fluctuated between 46.42 in 1991 and 9.34 in 2021.

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:

Year Value
1986 40.22
1987 40.48
1988 42.05
1989 42.39
1990 44.57
1991 46.42
1992 36.72
1993 35.28
1994 39.86
1995 42.08
1996 41.36
1997 33.71
1998 41.60
1999 29.43
2000 18.79
2001 20.72
2002 16.33
2003 15.19
2004 15.08
2005 14.56
2006 12.89
2007 15.38
2008 17.18
2009 13.01
2010 9.38
2011 11.22
2012 12.59
2013 10.99
2014 10.87
2015 11.45
2016 14.65
2017 13.69
2018 12.11
2019 11.77
2020 9.85
2021 9.34

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates