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Lending interest rate — all countries

Lending interest rate — Aruba

Lending interest rate in Aruba in 2023 — 5.8%. Ranked 18 in the world out of 91. Since 1986, the indicator has fallen by 5.2 pp.

2023 5.8% −0.3 pp vs 2022
World rank 18of 91
Period maximum 13.14%1999
Period minimum 5.7%2019

Trend over time

1986–2023 · % per annum

Lending interest rate — Aruba, 1986–202346810121419861990199419982002200620102014201820221986: 11%1987: 10.3%1988: 10.24%1989: 10.48%1990: 10.6%1991: 10.68%1992: 10.6%1993: 10.6%1994: 10.6%1995: 10.6%1996: 10.38%1997: 10.25%1998: 11.04%1999: 13.14%2000: 12.07%2001: 12.6%2002: 11.3%2003: 10.7%2004: 9.6%2005: 11%2006: 9.5%2007: 10.4%2008: 10.5%2009: 10.7%2010: 10.3%2011: 9%2012: 8.4%2013: 8.5%2014: 7.3%2015: 7%2016: 6.9%2017: 6.3%2018: 6%2019: 5.7%2020: 6.8%2021: 6.4%2022: 6.1%2023: 5.8%
Change over the period: −5.2 pp Annual average: -0.14 pp
Lending interest rate — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2023 5.8 −0.3 pp
2022 6.1 −0.3 pp
2021 6.4 −0.4 pp
2020 6.8 +1.1 pp
2019 5.7 −0.3 pp
2018 6 −0.3 pp
2017 6.3 −0.6 pp
2016 6.9 −0.1 pp
2015 7 −0.3 pp
2014 7.3 −1.2 pp
2013 8.5 +0.1 pp
2012 8.4 −0.6 pp
2011 9 −1.3 pp
2010 10.3 −0.4 pp
2009 10.7 +0.2 pp
2008 10.5 +0.1 pp
2007 10.4 +0.9 pp
2006 9.5 −1.5 pp
2005 11 +1.4 pp
2004 9.6 −1.1 pp
2003 10.7 −0.6 pp
2002 11.3 −1.3 pp
2001 12.6 +0.53 pp
2000 12.07 −1.08 pp
1999 13.14 +2.1 pp
1998 11.04 +0.79 pp
1997 10.25 −0.13 pp
1996 10.38 −0.23 pp
1995 10.6 +0 pp
1994 10.6 +0 pp
1993 10.6 +0 pp
1992 10.6 −0.08 pp
1991 10.68 +0.08 pp
1990 10.6 +0.13 pp
1989 10.48 +0.23 pp
1988 10.24 −0.06 pp
1987 10.3 −0.7 pp
1986 11 —

Caribbean, 2023

The same indicator for neighboring countries — with links to their pages

BS Bahamas 4.25 AW Aruba 5.8 DM Dominica 5.94 LC Saint Lucia 6.4 KN Saint Kitts and Nevis 6.67 AG Antigua and Barbuda 6.71 GD Grenada 6.93 VC Saint Vincent and the Grenadines 7.16 TT Trinidad and Tobago 7.52 JM Jamaica 11.65 HT Haiti 14.21 DO Dominican Republic 14.43
Full table for all countries

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Aruba

Finance Deposit interest rate

The average rate banks pay on deposits.

Aruba by year Finance Real interest rate

The lending rate less inflation — the true cost of borrowed money.

Aruba by year Economy Consumer price inflation

The annual change in the consumer price index, in percent.

Aruba by year Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Aruba by year
All indicators for Aruba