Statizoid

Democratic Republic of Congo vs Somalia: Lending interest rate

Democratic Republic of Congo
23.3%
in 2021
Somalia
33.7%
in 1988
Democratic Republic of Congo rank
9th
Somalia rank
6th

Lending interest rate over time

  • Democratic Republic of Congo
  • Somalia
0204060197519982021

How they compare

Somalia currently reports 33.7% against 23.3% in Democratic Republic of Congo, a difference of 10.4%.

That makes Somalia's figure about 1.4 times Democratic Republic of Congo's.

Globally, Democratic Republic of Congo ranks 9th and Somalia ranks 6th 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.