Guinea - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Guinea was 12.88 as of 2001. Over the past 15 years, the value for this indicator has fluctuated between 27.00 in 1992 and 12.88 in 2001.

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 14.00
1987 15.00
1988 15.00
1989 17.25
1990 21.17
1991 24.50
1992 27.00
1993 24.50
1994 22.00
1995 21.50
1996 21.00
1997 20.50
1998 19.56
1999 19.88
2000 19.38
2001 12.88

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates