Lending interest rate in Zambia
Zambia: Lending interest rate was 9.5% in 2020. ◆ Volatile
Lending interest rate in Zambia, 1978–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Zambia recorded 9.5% for lending interest rate in 2020.
Compared with earlier readings it is down 7.9% on the previous year and down 54.7% over ten years.
Over the whole period, lending interest rate in Zambia peaked at 113.3% in 1993 and was at its lowest, 8.2%, in 1978.
That places Zambia 64th out of 148 countries with data for 2020, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.7% | 8.2% | 9.1% | 2 |
| 1980s | 16.0% | 9.5% | 27.4% | 10 |
| 1990s | 53.5% | 31.8% | 113.3% | 10 |
| 2000s | 31.3% | 18.9% | 46.2% | 10 |
| 2010s | 13.4% | 9.5% | 20.9% | 10 |
| 2020s | 9.5% | 9.5% | 9.5% | 1 |
Countries ranked near Zambia
More financial sector data for Zambia
- Net migration 6,562 (2025)
- Total reserves in months of imports 3.29 (2024)
- Net domestic credit 172.45 billion current LCU (2025)
- Domestic credit to private sector by banks 13.7% (2025)
- Net foreign assets 85.43 billion current LCU (2025)
- Claims on central government, etc. 9.1% (2025)
- Monetary Sector credit to private sector 13.7% (2025)
- Domestic credit to private sector 17.0% (2024)
- Broad money 30.8% (2025)
- Official exchange rate 25.28 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Zambia?
- Lending interest rate in Zambia was 9.5% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Zambia?
- The highest recorded value was 113.3% in 1993.
- What is the lowest lending interest rate recorded in Zambia?
- The lowest recorded value was 8.2% in 1978.
- How does Zambia rank for lending interest rate?
- Zambia ranks 64th out of 148 countries with data for 2020.
- Is lending interest rate rising or falling in Zambia?
- Over the last ten years it is down 54.7%. The long-run trend across the full record is volatile.
- Where does this Zambia 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
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.