Risk premium on lending in Kyrgyzstan

Kyrgyzstan: Risk premium on lending was 10.6% in 2023. ◆ Volatile

Latest (2023)
10.6%
Change on year
up 0.7%
World rank
9th
of 86 countries
All-time high
16.4%
in 2002
All-time low
-31.5%
in 1999
Years of data
28
1996–2023

Risk premium on lending in Kyrgyzstan, 1996–2023

-30-20-10010201996200920231996: -14.3 lending rate minus treasury bill rate, %1997: -5.5 lending rate minus treasury bill rate, %1998: -26.8 lending rate minus treasury bill rate, %1999: -31.5 lending rate minus treasury bill rate, %2000: -5.4 lending rate minus treasury bill rate, %2001: 3.5 lending rate minus treasury bill rate, %2002: 16.4 lending rate minus treasury bill rate, %2003: 10.2 lending rate minus treasury bill rate, %2004: 13.9 lending rate minus treasury bill rate, %2005: 13.1 lending rate minus treasury bill rate, %2006: 14 lending rate minus treasury bill rate, %2007: 15.8 lending rate minus treasury bill rate, %2008: 11.1 lending rate minus treasury bill rate, %2009: 13.9 lending rate minus treasury bill rate, %2010: 13.3 lending rate minus treasury bill rate, %2011: 8.2 lending rate minus treasury bill rate, %2012: 13.1 lending rate minus treasury bill rate, %2013: 12.8 lending rate minus treasury bill rate, %2014: 10.7 lending rate minus treasury bill rate, %2015: 10.9 lending rate minus treasury bill rate, %2016: 15 lending rate minus treasury bill rate, %2017: 14.8 lending rate minus treasury bill rate, %2018: 13.9 lending rate minus treasury bill rate, %2019: 13.9 lending rate minus treasury bill rate, %2020: 11.2 lending rate minus treasury bill rate, %2021: 9.5 lending rate minus treasury bill rate, %2022: 10.6 lending rate minus treasury bill rate, %2023: 10.6 lending rate minus treasury bill rate, %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.

Analysis

Kyrgyzstan recorded 10.6% for risk premium on lending in 2023.

Compared with earlier readings it is up 0.7% on the previous year and down 17.0% over ten years.

Over the whole period, risk premium on lending in Kyrgyzstan peaked at 16.4% in 2002 and was at its lowest, -31.5%, in 1999.

Kyrgyzstan ranks 9th of 86 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Risk premium on lending in Kyrgyzstan, year by year

Annual values for Risk premium on lending (lending rate minus treasury bill rate, %) in Kyrgyzstan, 1996 to 2023.
Year lending rate minus treasury bill rate, % Change
1996 -14.3%
1997 -5.5% -61.6%
1998 -26.8% +387.3%
1999 -31.5% +17.4%
2000 -5.4% -82.8%
2001 3.5% -164.7%
2002 16.4% +369.3%
2003 10.2% -37.7%
2004 13.9% +35.6%
2005 13.1% -5.8%
2006 14.0% +6.9%
2007 15.8% +13.1%
2008 11.1% -29.5%
2009 13.9% +25.1%
2010 13.3% -4.2%
2011 8.2% -38.5%
2012 13.1% +59.8%
2013 12.8% -2.2%
2014 10.7% -16.6%
2015 10.9% +1.8%
2016 15.0% +38.2%
2017 14.8% -1.6%
2018 13.9% -5.7%
2019 13.9% +0.0%
2020 11.2% -19.9%
2021 9.5% -14.5%
2022 10.6% +10.7%
2023 10.6% +0.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s -19.5% -31.5% -5.5% 4
2000s 10.6% -5.4% 16.4% 10
2010s 12.7% 8.2% 15.0% 10
2020s 10.5% 9.5% 11.2% 4

Countries ranked near Kyrgyzstan

  1. 6 Lao People's Democratic Republic 14.6% compare
  2. 7 Mauritania 12.3% compare
  3. 8 Tanzania, United Republic of 12.3% compare
  4. 10 Uganda 10.0% compare
  5. 11 Nigeria 9.3% compare
  6. 12 Rwanda 8.4% compare

See the full ranking of 86 places →

More financial sector data for Kyrgyzstan

All data for Kyrgyzstan →

Frequently asked questions

What is risk premium on lending in Kyrgyzstan?
Risk premium on lending in Kyrgyzstan was 10.6% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest risk premium on lending recorded in Kyrgyzstan?
The highest recorded value was 16.4% in 2002.
What is the lowest risk premium on lending recorded in Kyrgyzstan?
The lowest recorded value was -31.5% in 1999.
How does Kyrgyzstan rank for risk premium on lending?
Kyrgyzstan ranks 9th out of 86 countries with data for 2023.
Is risk premium on lending rising or falling in Kyrgyzstan?
Over the last ten years it is down 17.0%. The long-run trend across the full record is volatile.
Where does this Kyrgyzstan data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.

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Risk premium on lending in Kyrgyzstan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/stat/risk-premium-on-lending-lending-rate-minus-treasury-bill-rate-percent/kyrgyz-republic/

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About this data

Indicator
Risk premium on lending (lending rate minus treasury bill rate, %)
Unit
lending rate minus treasury bill rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,478 data points, 1960–2025
Last refreshed

Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.