Lending interest rate in Togo

Togo: Lending interest rate was 5.3% in 2016. ▼ Falling

Latest (2016)
5.3%
Change on year
up 2.7%
World rank
113th
of 148 countries
All-time high
8.8%
in 2005
All-time low
4.7%
in 2006
Years of data
12
2005–2016

Lending interest rate in Togo, 2005–2016

024682005201020162005: 8.8 %2006: 4.7 %2007: 4.8 %2008: 5 %2009: 5 %2010: 5.1 %2011: 5.3 %2012: 5 %2013: 5.3 %2014: 5.3 %2015: 5.2 %2016: 5.3 %

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

Analysis

Togo recorded 5.3% for lending interest rate in 2016.

The figure is up 2.7% on the previous year and up 11.8% over ten years.

Over the whole period, lending interest rate in Togo peaked at 8.8% in 2005 and was at its lowest, 4.7%, in 2006.

That places Togo 113th out of 148 countries with data for 2016, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.6% 4.7% 8.8% 5
2010s 5.2% 5.0% 5.3% 7

Countries ranked near Togo

  1. 110 Oman 5.5% compare
  2. 111 Macao 5.5% compare
  3. 112 North Macedonia 5.4% compare
  4. 113 Cote d'Ivoire 5.3% compare
  5. 113 Guinea-Bissau 5.3% compare
  6. 113 Mali 5.3% compare
  7. 113 Niger 5.3% compare
  8. 113 Senegal 5.3% compare

See the full ranking of 148 places →

More financial sector data for Togo

All data for Togo →

Frequently asked questions

What is lending interest rate in Togo?
Lending interest rate in Togo was 5.3% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Togo?
The highest recorded value was 8.8% in 2005.
What is the lowest lending interest rate recorded in Togo?
The lowest recorded value was 4.7% in 2006.
How does Togo rank for lending interest rate?
Togo ranks 113th out of 148 countries with data for 2016.
Is lending interest rate rising or falling in Togo?
Over the last ten years it is up 11.8%. The long-run trend across the full record is falling.
Where does this Togo 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

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.