Benin vs Burkina Faso: Lending interest rate
Benin
6.2%
in 2021
Burkina Faso
6.2%
in 2021
Benin rank
103rd
Burkina Faso rank
103rd
Lending interest rate over time
- Benin
- Burkina Faso
How they compare
Benin currently reports 6.2% against 6.2% in Burkina Faso, a difference of 0.0%.
The two have swapped places 2 times across 17 shared years of data; in 2005 it was Burkina Faso ahead.
Benin ranks 103rd and Burkina Faso ranks 103rd of 149 countries.
Across the 3 decades both report, Benin averaged higher in 1 and Burkina Faso in 1.
Head to head by decade
| Decade | Benin | Burkina Faso | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.5% | 5.7% | 0.2% | Burkina Faso |
| 2010s | 5.7% | 5.6% | 0.0% | Benin |
| 2020s | 6.4% | 6.4% | 0.0% | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Benin or Burkina Faso?
- Benin, at 6.2% against 6.2% in Burkina Faso as of 2021.
- What is the difference in lending interest rate between Benin and Burkina Faso?
- 0.0%, with Benin ahead.
- How many years of comparable data are there for Benin and Burkina Faso?
- 17 years are reported by both, from 2005 to 2021.
- How do Benin and Burkina Faso rank globally for lending interest rate?
- Benin ranks 103rd and Burkina Faso ranks 103rd of 149 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.