Interest rate spread in Kyrgyzstan
Kyrgyzstan: Interest rate spread was 18.1% in 2024. ▼ Falling
Interest rate spread in Kyrgyzstan, 1996–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Kyrgyzstan is 18.1%, measured in 2024.
That represents a change of up 1.7% on the previous year and up 2.7% over ten years.
Over the whole period, interest rate spread in Kyrgyzstan peaked at 42.0% in 2000 and was at its lowest, 15.3%, in 2021.
Kyrgyzstan ranks 6th of 141 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 29 years of available data.
Interest rate spread in Kyrgyzstan, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1996 | 31.9% | — |
| 1997 | 34.2% | +7.5% |
| 1998 | 21.6% | -37.0% |
| 1999 | 31.6% | +46.7% |
| 2000 | 42.0% | +32.8% |
| 2001 | 32.0% | -23.8% |
| 2002 | 31.8% | -0.7% |
| 2003 | 21.5% | -32.2% |
| 2004 | 21.4% | -0.7% |
| 2005 | 19.5% | -8.7% |
| 2006 | 21.2% | +8.5% |
| 2007 | 21.1% | -0.6% |
| 2008 | 23.5% | +11.3% |
| 2009 | 23.8% | +1.7% |
| 2010 | 21.8% | -8.7% |
| 2011 | 21.6% | -0.8% |
| 2012 | 20.7% | -4.2% |
| 2013 | 19.0% | -8.2% |
| 2014 | 17.6% | -7.1% |
| 2015 | 21.2% | +20.0% |
| 2016 | 22.1% | +4.4% |
| 2017 | 17.1% | -22.8% |
| 2018 | 17.1% | +0.2% |
| 2019 | 17.5% | +2.1% |
| 2020 | 15.7% | -10.2% |
| 2021 | 15.3% | -2.1% |
| 2022 | 17.3% | +12.6% |
| 2023 | 17.8% | +3.2% |
| 2024 | 18.1% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.8% | 21.6% | 34.2% | 4 |
| 2000s | 25.8% | 19.5% | 42.0% | 10 |
| 2010s | 19.6% | 17.1% | 22.1% | 10 |
| 2020s | 16.8% | 15.3% | 18.1% | 5 |
Countries ranked near Kyrgyzstan
- 3 Brazil 32.5% compare
- 4 Lao People's Democratic Republic 19.6% compare
- 5 Tajikistan 18.4% compare
- 7 Congo, Democratic Republic of the 17.6% compare
- 8 Gambia 15.5% compare
- 9 Sao Tome and Principe 15.2% compare
More financial sector data for Kyrgyzstan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0908 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0663 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0908 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is interest rate spread in Kyrgyzstan?
- Interest rate spread in Kyrgyzstan was 18.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Kyrgyzstan?
- The highest recorded value was 42.0% in 2000.
- What is the lowest interest rate spread recorded in Kyrgyzstan?
- The lowest recorded value was 15.3% in 2021.
- How does Kyrgyzstan rank for interest rate spread?
- Kyrgyzstan ranks 6th out of 141 countries with data for 2024.
- Is interest rate spread rising or falling in Kyrgyzstan?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is falling.
- Where does this Kyrgyzstan 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.