Egypt vs Somalia: Lending interest rate
Egypt
24.3%
in 2024
Somalia
33.7%
in 1988
Egypt rank
7th
Somalia rank
6th
Lending interest rate over time
- Egypt
- Somalia
How they compare
Somalia currently reports 33.7% against 24.3% in Egypt, a difference of 9.4%.
That makes Somalia's figure about 1.4 times Egypt's.
The two have swapped places 1 time across 13 shared years of data; in 1976 it was Egypt ahead.
Globally, Egypt ranks 7th and Somalia ranks 6th of 148 countries.
Individual pages
About this data
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.