Lending interest rate in Venezuela

Venezuela: Lending interest rate was 21.1% in 2017. ◆ Volatile

Latest (2017)
21.1%
Change on year
up 1.4%
World rank
15th
of 148 countries
All-time high
59.9%
in 1993
All-time low
8.5%
in 1987
Years of data
34
1984–2017

Lending interest rate in Venezuela, 1984–2017

02040601984200020171984: 9.6 %1985: 9.3 %1986: 8.5 %1987: 8.5 %1988: 8.5 %1989: 22.5 %1990: 35.5 %1991: 37.2 %1992: 41.3 %1993: 59.9 %1994: 54.7 %1995: 39.7 %1996: 39.4 %1997: 23.7 %1998: 46.4 %1999: 32.1 %2000: 25.2 %2001: 22.5 %2002: 36.6 %2003: 25.2 %2004: 18.5 %2005: 16.8 %2006: 15.5 %2007: 17.1 %2008: 22.4 %2009: 19.9 %2010: 18.3 %2011: 17.1 %2012: 16.4 %2013: 15.9 %2014: 17.2 %2015: 19.4 %2016: 20.8 %2017: 21.1 %

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

Analysis

The most recent figure for lending interest rate in Venezuela is 21.1%, measured in 2017.

Compared with earlier readings it is up 1.4% on the previous year and up 23.1% over ten years.

Over the whole period, lending interest rate in Venezuela peaked at 59.9% in 1993 and was at its lowest, 8.5%, in 1987.

That places Venezuela 15th out of 148 countries with data for 2017, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 11.1% 8.5% 22.5% 6
1990s 41.0% 23.7% 59.9% 10
2000s 22.0% 15.5% 36.6% 10
2010s 18.3% 15.9% 21.1% 8

Countries ranked near Venezuela

  1. 12 Yemen 22.1% compare
  2. 13 Gambia 22.0% compare
  3. 14 Sierra Leone 21.4% compare
  4. 16 Uganda 19.8% compare
  5. 17 Kyrgyzstan 19.8% compare
  6. 18 Ukraine 19.7% compare

See the full ranking of 148 places →

More financial sector data for Venezuela

All data for Venezuela →

Frequently asked questions

What is lending interest rate in Venezuela?
Lending interest rate in Venezuela was 21.1% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Venezuela?
The highest recorded value was 59.9% in 1993.
What is the lowest lending interest rate recorded in Venezuela?
The lowest recorded value was 8.5% in 1987.
How does Venezuela rank for lending interest rate?
Venezuela ranks 15th out of 148 countries with data for 2017.
Is lending interest rate rising or falling in Venezuela?
Over the last ten years it is up 23.1%. The long-run trend across the full record is volatile.
Where does this Venezuela 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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CSV · JSON — 34 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.