Lending interest rate in Democratic Republic of Congo
Democratic Republic of Congo: Lending interest rate was 23.3% in 2021. ▼ Falling
Lending interest rate in Democratic Republic of Congo, 2006–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Democratic Republic of Congo is 23.3%, measured in 2021.
That represents a change of down 10.3% on the previous year and down 46.8% over ten years.
Over the whole period, lending interest rate in Democratic Republic of Congo peaked at 65.4% in 2009 and was at its lowest, 18.7%, in 2014.
Democratic Republic of Congo ranks 9th of 149 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Lending interest rate in Democratic Republic of Congo, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 46.4% | — |
| 2007 | 47.0% | +1.2% |
| 2008 | 43.2% | -8.2% |
| 2009 | 65.4% | +51.6% |
| 2010 | 56.5% | -13.6% |
| 2011 | 43.8% | -22.6% |
| 2012 | 28.4% | -35.0% |
| 2013 | 19.4% | -31.9% |
| 2014 | 18.7% | -3.5% |
| 2015 | 19.4% | +3.6% |
| 2016 | 19.0% | -1.7% |
| 2017 | 20.6% | +8.3% |
| 2018 | 24.7% | +20.0% |
| 2019 | 26.7% | +8.0% |
| 2020 | 26.0% | -2.9% |
| 2021 | 23.3% | -10.3% |
Democratic Republic of Congo compared with similar countries
- Democratic Republic of Congo's 23.3% is above the median for low income countries, which is 16.0%, 1.5× the median. (19 countries reporting)
- Democratic Republic of Congo's 23.3% is above the median for Sub-Saharan Africa, which is 12.4%, 1.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.5% | 43.2% | 65.4% | 4 |
| 2010s | 27.7% | 18.7% | 56.5% | 10 |
| 2020s | 24.6% | 23.3% | 26.0% | 2 |
Countries ranked near Democratic Republic of Congo
More financial sector data for Democratic Republic of Congo
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1982)
- 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 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1982)
- 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 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1982)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1982)
Frequently asked questions
- What is lending interest rate in Democratic Republic of Congo?
- Lending interest rate in Democratic Republic of Congo was 23.3% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Democratic Republic of Congo?
- The highest recorded value was 65.4% in 2009.
- What is the lowest lending interest rate recorded in Democratic Republic of Congo?
- The lowest recorded value was 18.7% in 2014.
- How does Democratic Republic of Congo rank for lending interest rate?
- Democratic Republic of Congo ranks 9th out of 149 countries with data for 2021.
- Is lending interest rate rising or falling in Democratic Republic of Congo?
- Over the last ten years it is down 46.8%. The long-run trend across the full record is falling.
- Where does this Democratic Republic of Congo 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.