Lending interest rate in Egypt
Egypt: Lending interest rate was 24.3% in 2024. ▬ Flat
Lending interest rate in Egypt, 1976–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Egypt is 24.3%, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 36.8% on the previous year and up 107.5% over ten years.
Over the whole period, lending interest rate in Egypt peaked at 24.3% in 2024 and was at its lowest, 8.0%, in 1976.
Egypt ranks 7th of 148 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.8% | 8.0% | 12.0% | 4 |
| 1980s | 15.5% | 13.3% | 18.3% | 10 |
| 1990s | 16.6% | 13.0% | 20.3% | 10 |
| 2000s | 13.0% | 12.0% | 13.8% | 10 |
| 2010s | 13.6% | 11.0% | 18.3% | 10 |
| 2020s | 14.7% | 9.4% | 24.3% | 5 |
Countries ranked near Egypt
- 4 Brazil 45.3% compare
- 5 Malawi 37.1% compare
- 6 Somalia 33.7% compare
- 8 Tajikistan 23.5% compare
- 9 Democratic Republic of Congo 23.3% compare
- 10 Uzbekistan 23.1% compare
More financial sector data for Egypt
- Net migration -57,305 (2025)
- Total reserves in months of imports 4.36 (2025)
- Net domestic credit 18.29 trillion current LCU (2025)
- Domestic credit to private sector by banks 25.8% (2025)
- Net foreign assets 1.11 trillion current LCU (2025)
- Claims on central government, etc. 48.2% (2025)
- Monetary Sector credit to private sector 25.8% (2025)
- Domestic credit to private sector 25.8% (2025)
- Broad money 77.3% (2025)
- Official exchange rate 49.23 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Egypt?
- Lending interest rate in Egypt was 24.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Egypt?
- The highest recorded value was 24.3% in 2024.
- What is the lowest lending interest rate recorded in Egypt?
- The lowest recorded value was 8.0% in 1976.
- How does Egypt rank for lending interest rate?
- Egypt ranks 7th out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Egypt?
- Over the last ten years it is up 107.5%. The long-run trend across the full record is flat.
- Where does this Egypt 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 — 49 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.