Lending interest rate in Guinea

Guinea: Lending interest rate was 12.9% in 2001. ▲ Rising

Latest (2001)
12.9%
Change on year
down 33.5%
World rank
42nd
of 148 countries
All-time high
27.0%
in 1992
All-time low
12.9%
in 2001
Years of data
16
1986–2001

Lending interest rate in Guinea, 1986–2001

01020301986199320011986: 14 %1987: 15 %1988: 15 %1989: 17.2 %1990: 21.2 %1991: 24.5 %1992: 27 %1993: 24.5 %1994: 22 %1995: 21.5 %1996: 21 %1997: 20.5 %1998: 19.6 %1999: 19.9 %2000: 19.4 %2001: 12.9 %

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

Analysis

In 2001, lending interest rate in Guinea stood at 12.9%. That is the lowest value across all 16 years on record.

Compared with earlier readings it is down 33.5% on the previous year and down 47.4% over ten years.

Over the whole period, lending interest rate in Guinea peaked at 27.0% in 1992 and was at its lowest, 12.9%, in 2001.

Guinea ranks 42nd of 148 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 15.3% 14.0% 17.2% 4
1990s 22.2% 19.6% 27.0% 10
2000s 16.1% 12.9% 19.4% 2

Countries ranked near Guinea

  1. 39 Armenia 13.8% compare
  2. 40 Liberia 13.3% compare
  3. 41 Haiti 13.0% compare
  4. 43 Guatemala 12.9% compare
  5. 44 Micronesia (country) 12.6% compare
  6. 45 Peru 12.6% compare

See the full ranking of 148 places →

More financial sector data for Guinea

All data for Guinea →

Frequently asked questions

What is lending interest rate in Guinea?
Lending interest rate in Guinea was 12.9% in 2001, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Guinea?
The highest recorded value was 27.0% in 1992.
What is the lowest lending interest rate recorded in Guinea?
The lowest recorded value was 12.9% in 2001.
How does Guinea rank for lending interest rate?
Guinea ranks 42nd out of 148 countries with data for 2001.
Is lending interest rate rising or falling in Guinea?
Over the last ten years it is down 47.4%. The long-run trend across the full record is rising.
Where does this Guinea 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.