Lending interest rate in Aruba
Aruba: Lending interest rate was 5.8% in 2023. ▼ Falling
Lending interest rate in Aruba, 1986–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2023, lending interest rate in Aruba stood at 5.8%.
That represents a change of down 4.9% on the previous year and down 31.8% over ten years.
Over the whole period, lending interest rate in Aruba peaked at 13.1% in 1999 and was at its lowest, 5.7%, in 2019.
That places Aruba 107th out of 149 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Lending interest rate in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 11.0% | — |
| 1987 | 10.3% | -6.4% |
| 1988 | 10.2% | -0.6% |
| 1989 | 10.5% | +2.3% |
| 1990 | 10.6% | +1.2% |
| 1991 | 10.7% | +0.7% |
| 1992 | 10.6% | -0.7% |
| 1993 | 10.6% | +0.0% |
| 1994 | 10.6% | +0.0% |
| 1995 | 10.6% | +0.0% |
| 1996 | 10.4% | -2.1% |
| 1997 | 10.2% | -1.2% |
| 1998 | 11.0% | +7.7% |
| 1999 | 13.1% | +19.0% |
| 2000 | 12.1% | -8.2% |
| 2001 | 12.6% | +4.4% |
| 2002 | 11.3% | -10.3% |
| 2003 | 10.7% | -5.3% |
| 2004 | 9.6% | -10.3% |
| 2005 | 11.0% | +14.6% |
| 2006 | 9.5% | -13.6% |
| 2007 | 10.4% | +9.5% |
| 2008 | 10.5% | +1.0% |
| 2009 | 10.7% | +1.9% |
| 2010 | 10.3% | -3.7% |
| 2011 | 9.0% | -12.6% |
| 2012 | 8.4% | -6.7% |
| 2013 | 8.5% | +1.2% |
| 2014 | 7.3% | -14.1% |
| 2015 | 7.0% | -4.1% |
| 2016 | 6.9% | -1.4% |
| 2017 | 6.3% | -8.7% |
| 2018 | 6.0% | -4.8% |
| 2019 | 5.7% | -5.0% |
| 2020 | 6.8% | +19.3% |
| 2021 | 6.4% | -5.9% |
| 2022 | 6.1% | -4.7% |
| 2023 | 5.8% | -4.9% |
Aruba compared with similar countries
- Aruba's 5.8% is above the median for high income countries, which is 5.2%, 1.1× the median. (42 countries reporting)
- Aruba's 5.8% is below the median for Latin America & Caribbean, which is 8.8%, 66% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.5% | 10.2% | 11.0% | 4 |
| 1990s | 10.8% | 10.2% | 13.1% | 10 |
| 2000s | 10.8% | 9.5% | 12.6% | 10 |
| 2010s | 7.5% | 5.7% | 10.3% | 10 |
| 2020s | 6.3% | 5.8% | 6.8% | 4 |
Countries ranked near Aruba
More financial sector data for Aruba
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.302 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,046 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 12,046 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 11.71 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,978 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.09 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,264 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -16.54 % change on previous year (2023)
Frequently asked questions
- What is lending interest rate in Aruba?
- Lending interest rate in Aruba was 5.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Aruba?
- The highest recorded value was 13.1% in 1999.
- What is the lowest lending interest rate recorded in Aruba?
- The lowest recorded value was 5.7% in 2019.
- How does Aruba rank for lending interest rate?
- Aruba ranks 107th out of 149 countries with data for 2023.
- Is lending interest rate rising or falling in Aruba?
- Over the last ten years it is down 31.8%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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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.