Which has higher lending interest rate, Costa Rica or Philippines?

Philippines, at 7.1% against 6.9% in Costa Rica as of 2019.

How many years of comparable data are there for Costa Rica and Philippines?

38 years are reported by both, from 1982 to 2019.

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.

Costa Rica vs Philippines: Lending interest rate

Costa Rica

6.9%

in 2025

Philippines

7.1%

in 2019

Costa Rica rank

93rd

Philippines rank

90th

Lending interest rate over time

Costa Rica
Philippines

How they compare

Philippines currently reports 7.1% against 6.9% in Costa Rica, a difference of 0.2%.

The two have swapped places 2 times across 38 shared years of data; in 1982 it was Costa Rica ahead.

Costa Rica ranks 93rd and Philippines ranks 90th of 148 countries.

Costa Rica has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Costa Rica	Philippines	Difference	Ahead
1980s	23.8%	20.0%	3.8%	Costa Rica
1990s	29.7%	17.1%	12.6%	Costa Rica
2000s	21.9%	9.8%	12.1%	Costa Rica
2010s	13.9%	6.1%	7.7%	Costa Rica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lending interest rate, Costa Rica or Philippines?: Philippines, at 7.1% against 6.9% in Costa Rica as of 2019.
What is the difference in lending interest rate between Costa Rica and Philippines?: 0.2%, with Philippines ahead.
How many years of comparable data are there for Costa Rica and Philippines?: 38 years are reported by both, from 1982 to 2019.
How do Costa Rica and Philippines rank globally for lending interest rate?: Costa Rica ranks 93rd and Philippines ranks 90th 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.

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Costa Rica vs Philippines: Lending interest rate. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/lending-interest-rate-percent/costa-rica/philippines/

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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: 20 August 2026

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.