Lending interest rate in Iraq
Iraq: Lending interest rate was 12.3% in 2015. ▼ Falling
Lending interest rate in Iraq, 2004–2015
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Iraq is 12.3%, measured in 2015. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 2.5% on the previous year and down 8.4% over ten years.
Over the whole period, lending interest rate in Iraq peaked at 19.2% in 2008 and was at its lowest, 12.3%, in 2015.
Iraq ranks 48th of 148 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.9% | 13.3% | 19.2% | 6 |
| 2010s | 13.5% | 12.3% | 14.3% | 6 |
Countries ranked near Iraq
More financial sector data for Iraq
- Net migration -1,064 (2025)
- Total reserves in months of imports 11.21 (2024)
- Net domestic credit 78.52 trillion current LCU (2024)
- Domestic credit to private sector by banks 14.0% (2024)
- Net foreign assets 167.41 trillion current LCU (2024)
- Claims on central government, etc. 7.2% (2024)
- Monetary Sector credit to private sector 14.0% (2024)
- Domestic credit to private sector 14.0% (2024)
- Broad money 47.9% (2024)
- Official exchange rate 1,300 LCU per US$, period average (2024)
Frequently asked questions
- What is lending interest rate in Iraq?
- Lending interest rate in Iraq was 12.3% in 2015, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Iraq?
- The highest recorded value was 19.2% in 2008.
- What is the lowest lending interest rate recorded in Iraq?
- The lowest recorded value was 12.3% in 2015.
- How does Iraq rank for lending interest rate?
- Iraq ranks 48th out of 148 countries with data for 2015.
- Is lending interest rate rising or falling in Iraq?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is falling.
- Where does this Iraq 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.
Download this data
CSV · JSON — 12 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.