Guyana - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Guyana was 8.88 as of 2021. Over the past 40 years, the value for this indicator has fluctuated between 33.55 in 1991 and 8.88 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
1981 13.50
1982 14.38
1983 15.00
1984 15.00
1985 15.00
1986 15.00
1987 15.00
1988 15.07
1989 18.94
1990 32.75
1991 33.55
1992 28.69
1993 19.36
1994 18.36
1995 19.22
1996 17.79
1997 17.04
1998 16.77
1999 17.11
2000 17.30
2001 17.01
2002 16.33
2003 14.99
2004 14.54
2005 14.54
2006 14.54
2007 14.61
2008 14.58
2009 14.54
2010 14.54
2011 14.45
2012 13.86
2013 13.50
2014 12.83
2015 12.83
2016 13.00
2017 13.00
2018 13.00
2019 10.48
2020 9.47
2021 8.88

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates