Lending interest rate — all countries

Lending interest rate — Burkina Faso

Lending interest rate in Burkina Faso in 2021 — 6.25%. Ranked 34 in the world out of 109. Since 2005, the indicator has fallen by 2.62 pp.

2021 6.25% −0.29 pp vs 2020
World rank 34of 109
Period maximum 8.87%2005
Period minimum 4.74%2006

Trend over time

2005–2021 · % per annum

Lending interest rate — Burkina Faso, 2005–2021468102005200720092011201320152017201920212005: 8.87%2006: 4.74%2007: 4.75%2008: 4.98%2009: 4.98%2010: 5.11%2011: 5.26%2012: 5.04%2013: 5.29%2014: 5.34%2015: 5.15%2016: 5.3%2017: 6.51%2018: 6.76%2019: 6.69%2020: 6.54%2021: 6.25%
Change over the period: −2.62 pp Annual average: -0.16 pp
Lending interest rate — Burkina Faso, by year Burkina Faso All countries CSV XLSX
Year % Change, pp
2021 6.25 −0.29 pp
2020 6.54 −0.15 pp
2019 6.69 −0.08 pp
2018 6.76 +0.25 pp
2017 6.51 +1.22 pp
2016 5.3 +0.14 pp
2015 5.15 −0.18 pp
2014 5.34 +0.05 pp
2013 5.29 +0.25 pp
2012 5.04 −0.22 pp
2011 5.26 +0.14 pp
2010 5.11 +0.14 pp
2009 4.98 −0.01 pp
2008 4.98 +0.23 pp
2007 4.75 +0.01 pp
2006 4.74 −4.13 pp
2005 8.87

Western Africa, 2021

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

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.