Lending interest rate in Sao Tome and Principe
Sao Tome and Principe: Lending interest rate was 17.8% in 2024. ▼ Falling
Lending interest rate in Sao Tome and Principe, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Sao Tome and Principe recorded 17.8% for lending interest rate in 2024.
The figure is up 0.1% on the previous year and down 23.0% over ten years.
Over the whole period, lending interest rate in Sao Tome and Principe peaked at 37.4% in 2002 and was at its lowest, 17.8%, in 2023.
That places Sao Tome and Principe 22nd out of 148 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Lending interest rate in Sao Tome and Principe, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 37.0% | — |
| 2002 | 37.4% | +1.1% |
| 2003 | 29.6% | -20.9% |
| 2004 | 29.8% | +0.6% |
| 2005 | 31.2% | +4.8% |
| 2006 | 29.3% | -6.1% |
| 2007 | 32.4% | +10.6% |
| 2008 | 32.4% | +0.0% |
| 2009 | 31.1% | -4.0% |
| 2010 | 28.9% | -7.2% |
| 2011 | 26.9% | -6.7% |
| 2012 | 26.2% | -2.9% |
| 2013 | 25.9% | -0.9% |
| 2014 | 23.2% | -10.6% |
| 2015 | 23.3% | +0.6% |
| 2016 | 19.6% | -16.0% |
| 2017 | 19.6% | +0.1% |
| 2018 | 19.9% | +1.3% |
| 2019 | 19.1% | -4.1% |
| 2020 | 18.8% | -1.2% |
| 2021 | 18.5% | -1.8% |
| 2022 | 17.9% | -3.1% |
| 2023 | 17.8% | -0.5% |
| 2024 | 17.8% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.2% | 29.3% | 37.4% | 9 |
| 2010s | 23.3% | 19.1% | 28.9% | 10 |
| 2020s | 18.2% | 17.8% | 18.8% | 5 |
Countries ranked near Sao Tome and Principe
- 19 Angola 19.4% compare
- 20 Honduras 18.6% compare
- 21 Iran 18.0% compare
- 23 Mozambique 17.5% compare
- 24 Russian Federation 17.1% compare
- 25 Mauritania 17.0% compare
More financial sector data for Sao Tome and Principe
- Total reserves in months of imports, annual growth rate 33.87 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 22.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0512 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 179.4 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 30.77 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 191.38 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 30.77 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 191.38 SDR per person (2024)
Frequently asked questions
- What is lending interest rate in Sao Tome and Principe?
- Lending interest rate in Sao Tome and Principe was 17.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Sao Tome and Principe?
- The highest recorded value was 37.4% in 2002.
- What is the lowest lending interest rate recorded in Sao Tome and Principe?
- The lowest recorded value was 17.8% in 2023.
- How does Sao Tome and Principe rank for lending interest rate?
- Sao Tome and Principe ranks 22nd out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is falling.
- Where does this Sao Tome and Principe 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.