Burkina Faso vs Libya: Lending interest rate
Burkina Faso
6.2%
in 2021
Libya
6.0%
in 2014
Burkina Faso rank
102nd
Libya rank
104th
Lending interest rate over time
- Burkina Faso
- Libya
How they compare
Burkina Faso 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 Burkina Faso ahead.
Burkina Faso ranks 102nd and Libya ranks 104th of 148 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Burkina Faso | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.7% | 6.1% | 0.4% | 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, Burkina Faso or Libya?
- Burkina Faso, at 6.2% against 6.0% in Libya as of 2021.
- What is the difference in lending interest rate between Burkina Faso and Libya?
- 0.2%, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Libya?
- 10 years are reported by both, from 2005 to 2014.
- How do Burkina Faso and Libya rank globally for lending interest rate?
- Burkina Faso ranks 102nd and Libya ranks 104th of 148 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.