Lending interest rate — all countries

Lending interest rate — Fiji

Lending interest rate in Fiji in 2024 — 4.56%. Ranked 7 in the world out of 88. Since 1992, the indicator has fallen by 7.89 pp.

2024 4.56% −0.41 pp vs 2023
World rank 7of 88
Period maximum 12.45%1992
Period minimum 4.56%2024

Trend over time

1992–2024 · % per annum

Lending interest rate — Fiji, 1992–20244681012141992199620002004200820122016202020241992: 12.45%1993: 11.89%1994: 11.44%1995: 11.24%1996: 11.14%1997: 11.03%1998: 9.64%1999: 8.77%2000: 8.4%2001: 8.34%2002: 8.05%2003: 7.6%2004: 7.17%2005: 6.78%2006: 7.35%2007: 9.01%2008: 8%2009: 7.85%2010: 7.49%2011: 7.47%2012: 7%2013: 6.1%2014: 5.76%2015: 5.79%2016: 5.85%2017: 5.74%2018: 5.68%2019: 6.03%2020: 6.18%2021: 5.94%2022: 5.43%2023: 4.97%2024: 4.56%
Change over the period: −7.89 pp Annual average: -0.25 pp
Lending interest rate — Fiji, by year Fiji All countries CSV XLSX
Year % Change, pp
2024 4.56 −0.41 pp
2023 4.97 −0.46 pp
2022 5.43 −0.51 pp
2021 5.94 −0.24 pp
2020 6.18 +0.16 pp
2019 6.03 +0.35 pp
2018 5.68 −0.06 pp
2017 5.74 −0.11 pp
2016 5.85 +0.06 pp
2015 5.79 +0.03 pp
2014 5.76 −0.34 pp
2013 6.1 −0.9 pp
2012 7 −0.46 pp
2011 7.47 −0.02 pp
2010 7.49 −0.36 pp
2009 7.85 −0.14 pp
2008 8 −1.01 pp
2007 9.01 +1.66 pp
2006 7.35 +0.57 pp
2005 6.78 −0.39 pp
2004 7.17 −0.43 pp
2003 7.6 −0.45 pp
2002 8.05 −0.29 pp
2001 8.34 −0.05 pp
2000 8.4 −0.37 pp
1999 8.77 −0.87 pp
1998 9.64 −1.39 pp
1997 11.03 −0.11 pp
1996 11.14 −0.1 pp
1995 11.24 −0.2 pp
1994 11.44 −0.45 pp
1993 11.89 −0.56 pp
1992 12.45

Melanesia, 2024

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.