Lending interest rate in Burkina Faso

Burkina Faso: Lending interest rate was 6.2% in 2021. ▲ Rising

Latest (2021)
6.2%
Change on year
down 4.4%
World rank
102nd
of 148 countries
All-time high
8.9%
in 2005
All-time low
4.7%
in 2006
Years of data
17
2005–2021

Lending interest rate in Burkina Faso, 2005–2021

024682005201320212005: 8.9 %2006: 4.7 %2007: 4.8 %2008: 5 %2009: 5 %2010: 5.1 %2011: 5.3 %2012: 5 %2013: 5.3 %2014: 5.3 %2015: 5.2 %2016: 5.3 %2017: 6.5 %2018: 6.8 %2019: 6.7 %2020: 6.5 %2021: 6.2 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

Burkina Faso recorded 6.2% for lending interest rate in 2021.

That represents a change of down 4.4% on the previous year and up 18.9% over ten years.

Over the whole period, lending interest rate in Burkina Faso peaked at 8.9% in 2005 and was at its lowest, 4.7%, in 2006.

That places Burkina Faso 102nd out of 148 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.7% 4.7% 8.9% 5
2010s 5.6% 5.0% 6.8% 10
2020s 6.4% 6.2% 6.5% 2

Countries ranked near Burkina Faso

  1. 99 Montenegro 6.3% compare
  2. 100 Botswana 6.3% compare
  3. 101 Saint Lucia 6.3% compare
  4. 102 Benin 6.2% compare
  5. 104 Libya 6.0% compare
  6. 105 Norway 5.9% compare

See the full ranking of 148 places →

More financial sector data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is lending interest rate in Burkina Faso?
Lending interest rate in Burkina Faso was 6.2% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Burkina Faso?
The highest recorded value was 8.9% in 2005.
What is the lowest lending interest rate recorded in Burkina Faso?
The lowest recorded value was 4.7% in 2006.
How does Burkina Faso rank for lending interest rate?
Burkina Faso ranks 102nd out of 148 countries with data for 2021.
Is lending interest rate rising or falling in Burkina Faso?
Over the last ten years it is up 18.9%. The long-run trend across the full record is rising.
Where does this Burkina Faso 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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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.