Panama vs Philippines: Lending interest rate
Panama
6.9%
in 2022
Philippines
7.1%
in 2019
Panama rank
92nd
Philippines rank
90th
Lending interest rate over time
- Panama
- Philippines
How they compare
Philippines currently reports 7.1% against 6.9% in Panama, a difference of 0.2%.
The two have swapped places 6 times across 24 shared years of data; in 1996 it was Philippines ahead.
Panama ranks 92nd and Philippines ranks 90th of 148 countries.
Across the 3 decades both report, Panama averaged higher in 1 and Philippines in 2.
Head to head by decade
| Decade | Panama | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.9% | 14.9% | 4.0% | Philippines |
| 2000s | 9.2% | 9.8% | 0.6% | Philippines |
| 2010s | 7.1% | 6.1% | 0.9% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Panama or Philippines?
- Philippines, at 7.1% against 6.9% in Panama as of 2019.
- What is the difference in lending interest rate between Panama and Philippines?
- 0.2%, with Philippines ahead.
- How many years of comparable data are there for Panama and Philippines?
- 24 years are reported by both, from 1996 to 2019.
- How do Panama and Philippines rank globally for lending interest rate?
- Panama ranks 92nd 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.
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.