Benin vs Libya: Lending interest rate
Benin
6.2%
in 2021
Libya
6.0%
in 2014
Benin rank
103rd
Libya rank
105th
Lending interest rate over time
- Benin
- Libya
How they compare
Benin currently reports 6.2% against 6.0% in Libya, a difference of 0.2%.
The two have swapped places 1 time across 10 shared years of data; in 2005 it was Benin ahead.
Benin ranks 103rd and Libya ranks 105th of 149 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.5% | 6.1% | 0.6% | Libya |
| 2010s | 5.2% | 6.0% | 0.8% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Benin or Libya?
- Benin, at 6.2% against 6.0% in Libya as of 2021.
- What is the difference in lending interest rate between Benin and Libya?
- 0.2%, with Benin ahead.
- How many years of comparable data are there for Benin and Libya?
- 10 years are reported by both, from 2005 to 2014.
- How do Benin and Libya rank globally for lending interest rate?
- Benin ranks 103rd and Libya ranks 105th 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.