Lending interest rate — all countries

Lending interest rate — Egypt

Lending interest rate in Egypt in 2024 — 24.29%. Ranked 83 in the world out of 88. Since 1976, the indicator has risen by 16.29 pp.

2024 24.29% +6.53 pp vs 2023
World rank 83of 88
Period maximum 24.29%2024
Period minimum 8%1976

Trend over time

1976–2024 · % per annum

Lending interest rate — Egypt, 1976–20240102030197619811986199119962001200620112016202120241976: 8%1977: 8.83%1978: 10.17%1979: 12%1980: 13.33%1981: 15%1982: 15%1983: 15%1984: 15%1985: 15%1986: 15%1987: 16.33%1988: 17%1989: 18.33%1990: 19%1991: 19.85%1992: 20.33%1993: 18.3%1994: 16.51%1995: 16.47%1996: 15.58%1997: 13.79%1998: 13.02%1999: 12.97%2000: 13.22%2001: 13.29%2002: 13.79%2003: 13.53%2004: 13.38%2005: 13.14%2006: 12.6%2007: 12.51%2008: 12.33%2009: 11.98%2010: 11.01%2011: 11.03%2012: 12%2013: 12.29%2014: 11.71%2015: 11.63%2016: 13.6%2017: 18.18%2018: 18.32%2019: 16.12%2020: 11.37%2021: 9.43%2022: 10.58%2023: 17.76%2024: 24.29%
Change over the period: +16.29 pp Annual average: 0.34 pp
Lending interest rate — Egypt, by year Egypt All countries CSV XLSX
Year % Change, pp
2024 24.29 +6.53 pp
2023 17.76 +7.18 pp
2022 10.58 +1.16 pp
2021 9.43 −1.94 pp
2020 11.37 −4.75 pp
2019 16.12 −2.2 pp
2018 18.32 +0.14 pp
2017 18.18 +4.58 pp
2016 13.6 +1.98 pp
2015 11.63 −0.08 pp
2014 11.71 −0.58 pp
2013 12.29 +0.29 pp
2012 12 +0.97 pp
2011 11.03 +0.02 pp
2010 11.01 −0.97 pp
2009 11.98 −0.35 pp
2008 12.33 −0.18 pp
2007 12.51 −0.09 pp
2006 12.6 −0.54 pp
2005 13.14 −0.23 pp
2004 13.38 −0.16 pp
2003 13.53 −0.26 pp
2002 13.79 +0.5 pp
2001 13.29 +0.08 pp
2000 13.22 +0.25 pp
1999 12.97 −0.05 pp
1998 13.02 −0.78 pp
1997 13.79 −1.79 pp
1996 15.58 −0.89 pp
1995 16.47 −0.04 pp
1994 16.51 −1.79 pp
1993 18.3 −2.03 pp
1992 20.33 +0.48 pp
1991 19.85 +0.85 pp
1990 19 +0.67 pp
1989 18.33 +1.33 pp
1988 17 +0.67 pp
1987 16.33 +1.33 pp
1986 15 +0 pp
1985 15 +0 pp
1984 15 +0 pp
1983 15 +0 pp
1982 15 +0 pp
1981 15 +1.67 pp
1980 13.33 +1.33 pp
1979 12 +1.83 pp
1978 10.17 +1.33 pp
1977 8.83 +0.83 pp
1976 8

Northern Africa, 2024

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

DZ Algeria 8 EG Egypt 24.29

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.