Lending interest rate in Libya
Libya: Lending interest rate was 6.0% in 2014. ▼ Falling
Lending interest rate in Libya, 1964–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Libya is 6.0%, measured in 2014. That is the lowest value across all 46 years on record.
That represents a change of down 1.4% over ten years.
Over the whole period, lending interest rate in Libya peaked at 7.0% in 1964 and was at its lowest, 6.0%, in 2007.
That places Libya 105th out of 149 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Lending interest rate in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 7.0% | — |
| 1965 | 7.0% | +0.0% |
| 1966 | 7.0% | +0.0% |
| 1967 | 7.0% | +0.0% |
| 1968 | 7.0% | +0.0% |
| 1969 | 7.0% | +0.0% |
| 1970 | 7.0% | +0.0% |
| 1971 | 7.0% | +0.0% |
| 1972 | 7.0% | +0.0% |
| 1973 | 7.0% | +0.0% |
| 1974 | 7.0% | +0.0% |
| 1975 | 7.0% | +0.0% |
| 1976 | 7.0% | +0.0% |
| 1977 | 7.0% | +0.0% |
| 1978 | 7.0% | +0.0% |
| 1979 | 7.0% | +0.0% |
| 1980 | 7.0% | +0.0% |
| 1981 | 7.0% | +0.0% |
| 1982 | 7.0% | +0.0% |
| 1983 | 7.0% | +0.0% |
| 1984 | 7.0% | +0.0% |
| 1985 | 7.0% | +0.0% |
| 1986 | 7.0% | +0.0% |
| 1987 | 7.0% | +0.0% |
| 1988 | 7.0% | +0.0% |
| 1989 | 7.0% | +0.0% |
| 1990 | 7.0% | +0.0% |
| 1991 | 7.0% | +0.0% |
| 1992 | 7.0% | +0.0% |
| 1993 | 7.0% | +0.0% |
| 1999 | 7.0% | +0.0% |
| 2000 | 7.0% | +0.0% |
| 2001 | 7.0% | +0.0% |
| 2002 | 7.0% | +0.0% |
| 2003 | 7.0% | +0.0% |
| 2004 | 6.1% | -13.1% |
| 2005 | 6.1% | +0.7% |
| 2006 | 6.3% | +3.4% |
| 2007 | 6.0% | -5.3% |
| 2008 | 6.0% | +0.0% |
| 2009 | 6.0% | +0.0% |
| 2010 | 6.0% | +0.0% |
| 2011 | 6.0% | +0.0% |
| 2012 | 6.0% | +0.0% |
| 2013 | 6.0% | +0.0% |
| 2014 | 6.0% | +0.0% |
Libya compared with similar countries
- Libya's 6.0% is below the median for upper middle income countries, which is 8.8%, 68% of the median. (49 countries reporting)
- Libya's 6.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.0%, 75% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.0% | 7.0% | 7.0% | 6 |
| 1970s | 7.0% | 7.0% | 7.0% | 10 |
| 1980s | 7.0% | 7.0% | 7.0% | 10 |
| 1990s | 7.0% | 7.0% | 7.0% | 5 |
| 2000s | 6.5% | 6.0% | 7.0% | 10 |
| 2010s | 6.0% | 6.0% | 6.0% | 5 |
Countries ranked near Libya
More financial sector data for Libya
- 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 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 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 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 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 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is lending interest rate in Libya?
- Lending interest rate in Libya was 6.0% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Libya?
- The highest recorded value was 7.0% in 1964.
- What is the lowest lending interest rate recorded in Libya?
- The lowest recorded value was 6.0% in 2007.
- How does Libya rank for lending interest rate?
- Libya ranks 105th out of 149 countries with data for 2014.
- Is lending interest rate rising or falling in Libya?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is falling.
- Where does this Libya 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.