Panama vs Philippines: Lending interest rate

Panama
6.9%
in 2022
Philippines
7.1%
in 2019
Panama rank
92nd
Philippines rank
90th

Lending interest rate over time

  • Panama
  • Philippines
51015202530197619992022

How they compare

Philippines currently reports 7.1% against 6.9% in Panama, a difference of 0.2%.

The two have swapped places 6 times across 24 shared years of data; in 1996 it was Philippines ahead.

Globally, Panama ranks 92nd and Philippines ranks 90th 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.