Interest rate spread in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Interest rate spread was 9.8% in 2017. ▬ Flat
Interest rate spread in Heavily indebted poor countries (HIPC), 2005–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Heavily indebted poor countries (HIPC) recorded 9.8% for interest rate spread in 2017. That is the highest value across all 13 years on record.
That represents a change of up 12.3% on the previous year and up 17.3% over ten years.
Over the whole period, interest rate spread in Heavily indebted poor countries (HIPC) peaked at 9.8% in 2017 and was at its lowest, 8.1%, in 2006.
That places Heavily indebted poor countries (HIPC) 1st out of 40 groups with data for 2017, putting it in the top 10%.
Interest rate spread in Heavily indebted poor countries (HIPC), year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2005 | 9.5% | — |
| 2006 | 8.1% | -15.2% |
| 2007 | 8.4% | +4.1% |
| 2008 | 8.4% | +0.8% |
| 2009 | 8.6% | +2.1% |
| 2010 | 9.0% | +4.6% |
| 2011 | 8.8% | -2.1% |
| 2012 | 8.6% | -2.5% |
| 2013 | 8.2% | -4.4% |
| 2014 | 8.5% | +2.7% |
| 2015 | 8.6% | +2.2% |
| 2016 | 8.8% | +1.3% |
| 2017 | 9.8% | +12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.6% | 8.1% | 9.5% | 5 |
| 2010s | 8.8% | 8.2% | 9.8% | 8 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 1 Madagascar 47.9% compare
- 2 Zimbabwe 40.1%
- 3 Brazil 32.5% compare
- 4 Lao People's Democratic Republic 19.6% compare
More financial sector data for Heavily indebted poor countries (HIPC)
- Broad money 34.3% (2021)
- Total reserves in months of imports, annual growth rate 8.84 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate 52.95 % change on previous year (2025)
- Net migration -391,317 (2025)
- Domestic credit to private sector 22.2% (2023)
- Claims on central government, etc. 10.9% (2023)
- Monetary Sector credit to private sector 21.7% (2023)
- Total reserves in months of imports 3.89 (2024)
Frequently asked questions
- What is interest rate spread in Heavily indebted poor countries (HIPC)?
- Interest rate spread in Heavily indebted poor countries (HIPC) was 9.8% in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 9.8% in 2017.
- What is the lowest interest rate spread recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 8.1% in 2006.
- How does Heavily indebted poor countries (HIPC) rank for interest rate spread?
- Heavily indebted poor countries (HIPC) ranks 1st out of 40 groups with data for 2017.
- Is interest rate spread rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is flat.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.