Lending Rate, Percent per annum in Zambia
Zambia: Lending Rate, Percent per annum was 9.48 in 2020. ◆ Volatile
Lending Rate, Percent per annum in Zambia, 1978–2020
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.
Lending Rate, Percent per annum in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 8.25 | — |
| 1979 | 9.08 | +10.1% |
| 1980 | 9.5 | +4.6% |
| 1981 | 9.5 | +0.0% |
| 1982 | 9.5 | +0.0% |
| 1983 | 13 | +36.8% |
| 1984 | 14.54 | +11.9% |
| 1985 | 18.6 | +27.9% |
| 1986 | 27.39 | +47.3% |
| 1987 | 21.2 | -22.6% |
| 1988 | 18.39 | -13.2% |
| 1989 | 18.39 | +0.0% |
| 1990 | 35.1 | +90.9% |
| 1991 | 43 | +22.5% |
| 1992 | 54.57 | +26.9% |
| 1993 | 113.31 | +107.7% |
| 1994 | 70.56 | -37.7% |
| 1995 | 45.53 | -35.5% |
| 1996 | 53.78 | +18.1% |
| 1997 | 46.69 | -13.2% |
| 1998 | 31.8 | -31.9% |
| 1999 | 40.52 | +27.4% |
| 2000 | 38.8 | -4.2% |
| 2001 | 46.23 | +19.2% |
| 2002 | 45.2 | -2.2% |
| 2003 | 40.57 | -10.2% |
| 2004 | 30.73 | -24.3% |
| 2005 | 28.21 | -8.2% |
| 2006 | 23.15 | -17.9% |
| 2007 | 18.89 | -18.4% |
| 2008 | 19.06 | +0.9% |
| 2009 | 22.06 | +15.7% |
| 2010 | 20.92 | -5.2% |
| 2011 | 18.84 | -9.9% |
| 2012 | 12.15 | -35.5% |
| 2013 | 9.52 | -21.6% |
| 2014 | 11.57 | +21.6% |
| 2015 | 13.25 | +14.5% |
| 2016 | 15.5 | +17.0% |
| 2017 | 12.38 | -20.2% |
| 2018 | 9.79 | -20.9% |
| 2019 | 10.29 | +5.1% |
| 2020 | 9.48 | -7.9% |
Zambia compared with similar countries
- Zambia's 9.48 is below the median for lower middle income countries, which is 11.63, 82% of the median. (38 countries reporting)
- Zambia's 9.48 is below the median for Sub-Saharan Africa, which is 14.29, 66% of the median. (43 countries reporting)
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
More financial sector data for Zambia
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0011 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0008 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0011 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 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.