Interest rate spread in Libya
Libya: Interest rate spread was 3.5% in 2014. ▲ Rising
Interest rate spread in Libya, 1968–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Libya recorded 3.5% for interest rate spread in 2014.
Compared with earlier readings it is down 12.5% over ten years.
Over the whole period, interest rate spread in Libya peaked at 4.0% in 2000 and was at its lowest, 1.5%, in 1981.
That places Libya 92nd out of 140 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Interest rate spread in Libya, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1968 | 3.5% | — |
| 1969 | 3.5% | +0.0% |
| 1970 | 3.0% | -14.3% |
| 1971 | 3.0% | +0.0% |
| 1972 | 3.0% | +0.0% |
| 1973 | 3.0% | +0.0% |
| 1974 | 3.0% | +0.0% |
| 1975 | 3.0% | +0.0% |
| 1976 | 3.0% | +0.0% |
| 1977 | 3.0% | +0.0% |
| 1978 | 3.0% | +0.0% |
| 1979 | 3.0% | +0.0% |
| 1980 | 1.9% | -37.5% |
| 1981 | 1.5% | -20.0% |
| 1982 | 1.5% | +0.0% |
| 1983 | 1.5% | +0.0% |
| 1984 | 1.5% | +0.0% |
| 1985 | 1.5% | +0.0% |
| 1986 | 1.5% | +0.0% |
| 1987 | 1.5% | +0.0% |
| 1988 | 1.5% | +0.0% |
| 1989 | 1.5% | +0.0% |
| 1990 | 1.5% | +0.0% |
| 1991 | 1.5% | +0.0% |
| 1992 | 1.5% | +0.0% |
| 1993 | 1.5% | +0.0% |
| 1999 | 3.8% | +152.8% |
| 2000 | 4.0% | +5.5% |
| 2001 | 4.0% | +0.0% |
| 2002 | 4.0% | +0.0% |
| 2003 | 4.0% | +0.0% |
| 2004 | 4.0% | +0.0% |
| 2005 | 4.0% | +0.0% |
| 2006 | 3.8% | -4.2% |
| 2007 | 3.5% | -8.7% |
| 2008 | 3.5% | +0.0% |
| 2009 | 3.5% | +0.0% |
| 2010 | 3.5% | +0.0% |
| 2011 | 3.5% | +0.0% |
| 2012 | 3.5% | +0.0% |
| 2013 | 3.5% | +0.0% |
| 2014 | 3.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.5% | 3.5% | 3.5% | 2 |
| 1970s | 3.0% | 3.0% | 3.0% | 10 |
| 1980s | 1.5% | 1.5% | 1.9% | 10 |
| 1990s | 2.0% | 1.5% | 3.8% | 5 |
| 2000s | 3.8% | 3.5% | 4.0% | 10 |
| 2010s | 3.5% | 3.5% | 3.5% | 5 |
Countries ranked near Libya
More financial sector data for Libya
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.7722 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 1.2 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 7,733 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.672 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 8,230 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.29 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 10,246 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.7762 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 8,435 SDR per person (2025)
- Total reserves (gold at national valuation) 62.92 billion SDR (2025)
Frequently asked questions
- What is interest rate spread in Libya?
- Interest rate spread in Libya was 3.5% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Libya?
- The highest recorded value was 4.0% in 2000.
- What is the lowest interest rate spread recorded in Libya?
- The lowest recorded value was 1.5% in 1981.
- How does Libya rank for interest rate spread?
- Libya ranks 92nd out of 140 countries with data for 2014.
- Is interest rate spread rising or falling in Libya?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is rising.
- Where does this Libya 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.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.