Lending interest rate in Ethiopia
Ethiopia: Lending interest rate was 8.0% in 2008. ▲ Rising
Lending interest rate in Ethiopia, 1985–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2008, lending interest rate in Ethiopia stood at 8.0%.
The figure is up 6.7% on the previous year and down 23.8% over ten years.
Over the whole period, lending interest rate in Ethiopia peaked at 15.1% in 1995 and was at its lowest, 6.0%, in 1987.
Ethiopia ranks 85th of 148 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.8% | 6.0% | 8.5% | 5 |
| 1990s | 10.9% | 6.0% | 15.1% | 10 |
| 2000s | 8.2% | 7.0% | 10.9% | 9 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Net migration 24,054 (2025)
- Total reserves in months of imports 1.78 (2024)
- Net domestic credit 92.23 billion current LCU (2008)
- Domestic credit to private sector by banks 17.6% (2008)
- Net foreign assets 13.12 billion current LCU (2008)
- Claims on central government, etc. 14.8% (2008)
- Monetary Sector credit to private sector 17.7% (2008)
- Domestic credit to private sector 17.7% (2008)
- Broad money 34.0% (2008)
- Official exchange rate 82.6 LCU per US$, period average (2024)
Frequently asked questions
- What is lending interest rate in Ethiopia?
- Lending interest rate in Ethiopia was 8.0% in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Ethiopia?
- The highest recorded value was 15.1% in 1995.
- What is the lowest lending interest rate recorded in Ethiopia?
- The lowest recorded value was 6.0% in 1987.
- How does Ethiopia rank for lending interest rate?
- Ethiopia ranks 85th out of 148 countries with data for 2008.
- Is lending interest rate rising or falling in Ethiopia?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is rising.
- Where does this Ethiopia 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 — 24 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.