Lending interest rate in Micronesia (country)

Micronesia (country): Lending interest rate was 12.6% in 2021. ▬ Flat

Latest (2021)
12.6%
Change on year
down 12.8%
World rank
44th
of 148 countries
All-time high
16.4%
in 2005
All-time low
12.6%
in 2021
Years of data
27
1995–2021

Lending interest rate in Micronesia (country), 1995–2021

0510151995200820211995: 15 %1996: 15 %1997: 15 %1998: 15 %1999: 15.2 %2000: 15.3 %2001: 15.3 %2002: 15.3 %2003: 15 %2004: 15.4 %2005: 16.4 %2006: 15.6 %2007: 14 %2008: 14.4 %2009: 15.4 %2010: 15.1 %2011: 14.3 %2012: 14.3 %2013: 15.7 %2014: 15.7 %2015: 15.7 %2016: 15.7 %2017: 16.1 %2018: 15.7 %2019: 14.7 %2020: 14.5 %2021: 12.6 %

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

Analysis

In 2021, lending interest rate in Micronesia (country) stood at 12.6%. That is the lowest value across all 27 years on record.

The figure is down 12.8% on the previous year and down 12.1% over ten years.

Over the whole period, lending interest rate in Micronesia (country) peaked at 16.4% in 2005 and was at its lowest, 12.6%, in 2021.

Micronesia (country) ranks 44th of 148 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.0% 15.0% 15.2% 5
2000s 15.2% 14.0% 16.4% 10
2010s 15.3% 14.3% 16.1% 10
2020s 13.5% 12.6% 14.5% 2

Countries ranked near Micronesia (country)

  1. 41 Haiti 13.0% compare
  2. 42 Guinea 12.9% compare
  3. 43 Guatemala 12.9% compare
  4. 45 Peru 12.6% compare
  5. 46 Paraguay 12.5% compare
  6. 47 Burundi 12.4% compare

See the full ranking of 148 places →

More financial sector data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is lending interest rate in Micronesia (country)?
Lending interest rate in Micronesia (country) was 12.6% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Micronesia (country)?
The highest recorded value was 16.4% in 2005.
What is the lowest lending interest rate recorded in Micronesia (country)?
The lowest recorded value was 12.6% in 2021.
How does Micronesia (country) rank for lending interest rate?
Micronesia (country) ranks 44th out of 148 countries with data for 2021.
Is lending interest rate rising or falling in Micronesia (country)?
Over the last ten years it is down 12.1%. The long-run trend across the full record is flat.
Where does this Micronesia (country) 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 — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.