Lending interest rate in Peru

Peru: Lending interest rate was 12.6% in 2022. ◆ Volatile

Latest (2022)
12.6%
Change on year
up 14.7%
World rank
45th
of 148 countries
All-time high
4,260.0%
in 1990
All-time low
11.0%
in 2021
Years of data
38
1985–2022

Lending interest rate in Peru, 1985–2022

01.0k2.0k3.0k4.0k1985200320221985: 61.4 %1986: 36.2 %1987: 31.9 %1988: 155.5 %1989: 1.4k %1990: 4.3k %1991: 670.5 %1992: 148.1 %1993: 94.2 %1994: 55.3 %1995: 36.2 %1996: 31.5 %1997: 30.9 %1998: 32.6 %1999: 35.1 %2000: 30 %2001: 25 %2002: 20.8 %2003: 21 %2004: 24.7 %2005: 25.5 %2006: 23.9 %2007: 22.9 %2008: 23.7 %2009: 21 %2010: 19 %2011: 18.7 %2012: 19.2 %2013: 18.1 %2014: 15.7 %2015: 16.1 %2016: 16.5 %2017: 16.8 %2018: 14.5 %2019: 14.4 %2020: 12.9 %2021: 11 %2022: 12.6 %

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

Analysis

Peru recorded 12.6% for lending interest rate in 2022.

The figure is up 14.7% on the previous year and down 34.5% over ten years.

Over the whole period, lending interest rate in Peru peaked at 4,260.0% in 1990 and was at its lowest, 11.0%, in 2021.

That places Peru 45th out of 148 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 327.5% 31.9% 1,352.5% 5
1990s 539.5% 30.9% 4,260.0% 10
2000s 23.8% 20.8% 30.0% 10
2010s 16.9% 14.4% 19.2% 10
2020s 12.2% 11.0% 12.9% 3

Countries ranked near Peru

  1. 42 Guinea 12.9% compare
  2. 43 Guatemala 12.9% compare
  3. 44 Micronesia (country) 12.6% compare
  4. 46 Paraguay 12.5% compare
  5. 47 Burundi 12.4% compare
  6. 48 Iraq 12.3% compare

See the full ranking of 148 places →

More financial sector data for Peru

All data for Peru →

Frequently asked questions

What is lending interest rate in Peru?
Lending interest rate in Peru was 12.6% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Peru?
The highest recorded value was 4,260.0% in 1990.
What is the lowest lending interest rate recorded in Peru?
The lowest recorded value was 11.0% in 2021.
How does Peru rank for lending interest rate?
Peru ranks 45th out of 148 countries with data for 2022.
Is lending interest rate rising or falling in Peru?
Over the last ten years it is down 34.5%. The long-run trend across the full record is volatile.
Where does this Peru 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.