Lending Rate, Percent per annum in Egypt
Egypt: Lending Rate, Percent per annum was 24.29 in 2024. ▬ Flat
Lending Rate, Percent per annum in Egypt, 1976–2024
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Egypt is 24.29, measured in 2024. That is the highest value across all 49 years on record.
That represents a change of up 36.8% on the previous year and up 107.5% over ten years.
Over the whole period, lending rate, percent per annum in Egypt peaked at 24.29 in 2024 and was at its lowest, 8, in 1976.
Egypt ranks 6th of 144 countries on this measure, in the top 10%.
Lending Rate, Percent per annum in Egypt, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 8 | — |
| 1977 | 8.83 | +10.4% |
| 1978 | 10.17 | +15.1% |
| 1979 | 12 | +18.0% |
| 1980 | 13.33 | +11.1% |
| 1981 | 15 | +12.5% |
| 1982 | 15 | +0.0% |
| 1983 | 15 | +0.0% |
| 1984 | 15 | +0.0% |
| 1985 | 15 | +0.0% |
| 1986 | 15 | +0.0% |
| 1987 | 16.33 | +8.9% |
| 1988 | 17 | +4.1% |
| 1989 | 18.33 | +7.8% |
| 1990 | 19 | +3.6% |
| 1991 | 19.85 | +4.5% |
| 1992 | 20.33 | +2.4% |
| 1993 | 18.3 | -10.0% |
| 1994 | 16.51 | -9.8% |
| 1995 | 16.47 | -0.3% |
| 1996 | 15.58 | -5.4% |
| 1997 | 13.79 | -11.5% |
| 1998 | 13.02 | -5.6% |
| 1999 | 12.96 | -0.4% |
| 2000 | 13.22 | +1.9% |
| 2001 | 13.29 | +0.6% |
| 2002 | 13.79 | +3.8% |
| 2003 | 13.53 | -1.9% |
| 2004 | 13.38 | -1.2% |
| 2005 | 13.14 | -1.7% |
| 2006 | 12.6 | -4.1% |
| 2007 | 12.51 | -0.7% |
| 2008 | 12.32 | -1.5% |
| 2009 | 11.97 | -2.8% |
| 2010 | 11.01 | -8.1% |
| 2011 | 11.03 | +0.2% |
| 2012 | 12 | +8.8% |
| 2013 | 12.29 | +2.4% |
| 2014 | 11.71 | -4.7% |
| 2015 | 11.62 | -0.7% |
| 2016 | 13.6 | +17.0% |
| 2017 | 18.18 | +33.6% |
| 2018 | 18.32 | +0.8% |
| 2019 | 16.12 | -12.0% |
| 2020 | 11.37 | -29.5% |
| 2021 | 9.43 | -17.1% |
| 2022 | 10.58 | +12.3% |
| 2023 | 17.76 | +67.8% |
| 2024 | 24.29 | +36.8% |
Egypt compared with similar countries
- Egypt's 24.29 is above the median for lower middle income countries, which is 11.63, 2.1× the median. (38 countries reporting)
- Egypt's 24.29 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.1, 3.0× the median. (13 countries reporting)
Biggest year-on-year movements
Years where Lending Rate, Percent per annum in Egypt changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +67.8% | 10.58 | 17.76 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.75 | 8 | 12 | 4 |
| 1980s | 15.5 | 13.33 | 18.33 | 10 |
| 1990s | 16.58 | 12.96 | 20.33 | 10 |
| 2000s | 12.98 | 11.97 | 13.79 | 10 |
| 2010s | 13.59 | 11.01 | 18.32 | 10 |
| 2020s | 14.68 | 9.43 | 24.29 | 5 |
Countries ranked near Egypt
- 3 Argentina 46.02 compare
- 4 Brazil 45.33 compare
- 5 Malawi 37.06 compare
- 7 Democratic Republic of Congo 24.11 compare
- 8 Tajikistan 23.55 compare
- 9 Uzbekistan 23.13 compare
More financial sector data for Egypt
- 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.16 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 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.31 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 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is lending rate, percent per annum in Egypt?
- Lending rate, percent per annum in Egypt was 24.29 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Egypt?
- The highest recorded value was 24.29 in 2024.
- What is the lowest lending rate, percent per annum recorded in Egypt?
- The lowest recorded value was 8 in 1976.
- How does Egypt rank for lending rate, percent per annum?
- Egypt ranks 6th out of 144 countries with data for 2024.
- Is lending rate, percent per annum rising or falling in Egypt?
- Over the last ten years it is up 107.5%. The long-run trend across the full record is flat.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.