Maldives - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Maldives was 11.56 as of 2021. Over the past 26 years, the value for this indicator has fluctuated between 11.60 in 2020 and 9.16 in 1999.

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
1995 10.99
1996 10.99
1997 10.99
1998 10.99
1999 9.16
2000 9.52
2001 9.52
2002 9.92
2003 10.26
2004 10.26
2005 10.26
2006 10.26
2007 10.26
2008 10.26
2009 10.26
2010 10.38
2011 10.20
2012 10.48
2013 11.14
2014 11.42
2015 11.10
2016 10.76
2017 10.15
2018 10.68
2019 11.52
2020 11.60
2021 11.56

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates