Lending interest rate — all countries

Lending interest rate — Sao Tome and Principe

Lending interest rate in Sao Tome and Principe in 2024 — 17.84%. Ranked 75 in the world out of 88. Since 2001, the indicator has fallen by 19.16 pp.

2024 17.84% +0.02 pp vs 2023
World rank 75of 88
Period maximum 37.42%2002
Period minimum 17.81%2023

Trend over time

2001–2024 · % per annum

Lending interest rate — Sao Tome and Principe, 2001–20241520253035402001200420072010201320162019202220242001: 37%2002: 37.42%2003: 29.59%2004: 29.77%2005: 31.2%2006: 29.3%2007: 32.4%2008: 32.4%2009: 31.11%2010: 28.87%2011: 26.95%2012: 26.17%2013: 25.93%2014: 23.18%2015: 23.31%2016: 19.59%2017: 19.61%2018: 19.87%2019: 19.06%2020: 18.83%2021: 18.49%2022: 17.9%2023: 17.81%2024: 17.84%
Change over the period: −19.16 pp Annual average: -0.83 pp
Lending interest rate — Sao Tome and Principe, by year Sao Tome and Principe All countries CSV XLSX
Year % Change, pp
2024 17.84 +0.02 pp
2023 17.81 −0.09 pp
2022 17.9 −0.58 pp
2021 18.49 −0.34 pp
2020 18.83 −0.23 pp
2019 19.06 −0.81 pp
2018 19.87 +0.26 pp
2017 19.61 +0.03 pp
2016 19.59 −3.72 pp
2015 23.31 +0.13 pp
2014 23.18 −2.75 pp
2013 25.93 −0.24 pp
2012 26.17 −0.78 pp
2011 26.95 −1.92 pp
2010 28.87 −2.23 pp
2009 31.11 −1.29 pp
2008 32.4 +0 pp
2007 32.4 +3.1 pp
2006 29.3 −1.9 pp
2005 31.2 +1.43 pp
2004 29.77 +0.18 pp
2003 29.59 −7.83 pp
2002 37.42 +0.42 pp
2001 37

Middle Africa, 2024

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

ST Sao Tome and Principe 17.84 AO Angola 19.4

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.