Lending Rate, Percent per annum in Zambia
Zambia: Lending Rate, Percent per annum was 9.48 in 2020. β Volatile
Lending Rate, Percent per annum in Zambia, 1978β2020
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Zambia is 9.48, measured in 2020.
The figure is down 7.9% on the previous year and down 54.7% over ten years.
Over the whole period, lending rate, percent per annum in Zambia peaked at 113.31 in 1993 and was at its lowest, 8.25, in 1978.
That places Zambia 68th out of 144 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.67 | 8.25 | 9.08 | 2 |
| 1980s | 16 | 9.5 | 27.39 | 10 |
| 1990s | 53.49 | 31.8 | 113.31 | 10 |
| 2000s | 31.29 | 18.89 | 46.23 | 10 |
| 2010s | 13.42 | 9.52 | 20.92 | 10 |
| 2020s | 9.48 | 9.48 | 9.48 | 1 |
Countries ranked near Zambia
- 65 Uruguay 10.06 compare
- 66 Syrian Arab Republic 9.88 compare
- 67 Seychelles 9.85 compare
- 69 Nicaragua 9.16 compare
- 70 Mauritius 9 compare
- 71 Moldova, Republic of 8.99 compare
More financial sector data for Zambia
- Domestic credit to private sector by banks 13.7% (2025)
- Total reserves in months of imports 3.29 (2024)
- Net domestic credit 172.45 billion current LCU (2025)
- Net foreign assets 85.43 billion current LCU (2025)
- Monetary Sector credit to private sector 13.7% (2025)
- Broad money 30.8% (2025)
- Claims on central government, etc. 9.1% (2025)
- Domestic credit to private sector 17.0% (2024)
- Official exchange rate 25.28 LCU per US$, period average (2025)
- Net migration 6,562 (2025)
Frequently asked questions
- What is lending rate, percent per annum in Zambia?
- Lending rate, percent per annum in Zambia was 9.48 in 2020, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Zambia?
- The highest recorded value was 113.31 in 1993.
- What is the lowest lending rate, percent per annum recorded in Zambia?
- The lowest recorded value was 8.25 in 1978.
- How does Zambia rank for lending rate, percent per annum?
- Zambia ranks 68th out of 144 countries with data for 2020.
- Is lending rate, percent per annum rising or falling in Zambia?
- Over the last ten years it is down 54.7%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.
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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.