Lending interest rate — all countries

Lending interest rate — Venezuela

Lending interest rate in Venezuela in 2017 — 21.06%. Ranked 119 in the world out of 127. Since 1984, the indicator has risen by 11.49 pp.

2017 21.06% +0.28 pp vs 2016
World rank 119of 127
Period maximum 59.9%1993
Period minimum 8.47%1987

Trend over time

1984–2017 · % per annum

Lending interest rate — Venezuela, 1984–201702040601984198819921996200020042008201220161984: 9.57%1985: 9.33%1986: 8.49%1987: 8.47%1988: 8.5%1989: 22.5%1990: 35.53%1991: 37.16%1992: 41.33%1993: 59.9%1994: 54.66%1995: 39.74%1996: 39.41%1997: 23.69%1998: 46.35%1999: 32.13%2000: 25.2%2001: 22.45%2002: 36.58%2003: 25.19%2004: 18.5%2005: 16.81%2006: 15.48%2007: 17.11%2008: 22.37%2009: 19.89%2010: 18.35%2011: 17.15%2012: 16.38%2013: 15.9%2014: 17.21%2015: 19.4%2016: 20.78%2017: 21.06%
Change over the period: +11.49 pp Annual average: 0.35 pp
Lending interest rate — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2017 21.06 +0.28 pp
2016 20.78 +1.38 pp
2015 19.4 +2.18 pp
2014 17.21 +1.32 pp
2013 15.9 −0.48 pp
2012 16.38 −0.77 pp
2011 17.15 −1.2 pp
2010 18.35 −1.55 pp
2009 19.89 −2.48 pp
2008 22.37 +5.27 pp
2007 17.11 +1.63 pp
2006 15.48 −1.33 pp
2005 16.81 −1.69 pp
2004 18.5 −6.7 pp
2003 25.19 −11.38 pp
2002 36.58 +14.13 pp
2001 22.45 −2.75 pp
2000 25.2 −6.93 pp
1999 32.13 −14.23 pp
1998 46.35 +22.67 pp
1997 23.69 −15.73 pp
1996 39.41 −0.33 pp
1995 39.74 −14.91 pp
1994 54.66 −5.25 pp
1993 59.9 +18.57 pp
1992 41.33 +4.16 pp
1991 37.16 +1.63 pp
1990 35.53 +13.03 pp
1989 22.5 +14 pp
1988 8.5 +0.03 pp
1987 8.47 −0.02 pp
1986 8.49 −0.84 pp
1985 9.33 −0.24 pp
1984 9.57

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.