Lending interest rate in Botswana
Botswana: Lending interest rate was 6.3% in 2024. ▼ Falling
Lending interest rate in Botswana, 1980–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, lending interest rate in Botswana stood at 6.3%.
The figure is down 7.1% on the previous year and down 30.4% over ten years.
Over the whole period, lending interest rate in Botswana peaked at 24.2% in 1982 and was at its lowest, 5.2%, in 2021.
Botswana ranks 100th of 148 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.6% | 7.7% | 24.2% | 10 |
| 1990s | 13.4% | 7.9% | 14.9% | 10 |
| 2000s | 15.8% | 13.8% | 16.5% | 10 |
| 2010s | 8.8% | 6.4% | 11.5% | 10 |
| 2020s | 6.0% | 5.2% | 6.7% | 5 |
Countries ranked near Botswana
- 97 Albania 6.4% compare
- 98 Antigua and Barbuda 6.4% compare
- 99 Montenegro 6.3% compare
- 101 Saint Lucia 6.3% compare
- 102 Benin 6.2% compare
- 102 Burkina Faso 6.2% compare
More financial sector data for Botswana
- Net migration -5,665 (2025)
- Total reserves in months of imports 4.76 (2024)
- Net domestic credit 119.01 billion current LCU (2025)
- Domestic credit to private sector by banks 33.1% (2025)
- Net foreign assets 60.03 billion current LCU (2025)
- Claims on central government, etc. 17.4% (2025)
- Monetary Sector credit to private sector 33.2% (2025)
- Domestic credit to private sector 33.2% (2025)
- Broad money 44.1% (2024)
- Official exchange rate 13.5 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Botswana?
- Lending interest rate in Botswana was 6.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Botswana?
- The highest recorded value was 24.2% in 1982.
- What is the lowest lending interest rate recorded in Botswana?
- The lowest recorded value was 5.2% in 2021.
- How does Botswana rank for lending interest rate?
- Botswana ranks 100th out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Botswana?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
- Where does this Botswana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.