Algeria vs Tonga: Lending interest rate

Algeria
8.0%
in 2025
Tonga
7.6%
in 2025
Algeria rank
85th
Tonga rank
88th

Lending interest rate over time

  • Algeria
  • Tonga
05101520199520102025

How they compare

Algeria currently reports 8.0% against 7.6% in Tonga, a difference of 0.4%.

That makes Algeria's figure about 1.1 times Tonga's.

The two have swapped places 3 times across 14 shared years of data; in 2012 it was Tonga ahead.

Globally, Algeria ranks 85th and Tonga ranks 88th of 148 countries.

Individual pages

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.