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Cost of moneyBotswana

Lending rate in Botswana

What do banks charge for credit there?

Botswana's lending rate is 6.26 % — #18 of 67 countries on the atlas (lower is better). Period 2024.

6.26%

Checked 23 Oct 2026Period 2024

Source: IMF International Financial Statistics

Lending rate in Botswana over time

24.21 %14.73 %5.25 %24.21 % · 19825.25 % · 20211980: 8.47 %1981: 9.63 %1982: 24.21 %1983: 13.38 %1984: 12.00 %1985: 11.50 %1986: 11.00 %1987: 10.00 %1988: 7.83 %1989: 7.67 %1990: 7.88 %1991: 11.83 %1992: 14.00 %1993: 14.92 %1994: 13.92 %1995: 14.42 %1996: 14.50 %1997: 13.95 %1998: 13.65 %1999: 14.78 %2000: 15.48 %2001: 15.75 %2002: 16.21 %2003: 16.40 %2004: 15.75 %2005: 15.74 %2006: 16.46 %2007: 16.21 %2008: 16.54 %2009: 13.76 %2010: 11.46 %2011: 11.00 %2012: 11.00 %2013: 10.19 %2014: 9.00 %2015: 7.95 %2016: 7.30 %2017: 6.88 %2018: 6.50 %2019: 6.40 %2020: 5.75 %2021: 5.25 %2022: 6.13 %2023: 6.74 %2024: 6.26 %1980200220246.26 %
45 official observations, 1980 → 2024. Every point is a published value — never interpolated.
Rank
#18 of 67
lower is better
Ranked behind
73 %
49 of 67 countries
Latest move
▼ 0.48 pp
since 2023
Below its peak
17.95 pp
peak 24.21 % in 1982
Full series
▼ 2.21 pp
since 1980

In Africa: #1 of 14vs median 8.79 %: −2.53 pp (better)

Among 67 countries

10 of 67 countries between 2.96 % and 4.75 %9 of 67 countries between 4.75 % and 6.55 %9 of 67 countries between 6.55 % and 8.34 %10 of 67 countries between 8.34 % and 10.14 %4 of 67 countries between 10.14 % and 11.93 %3 of 67 countries between 11.93 % and 13.73 %5 of 67 countries between 13.73 % and 15.52 %5 of 67 countries between 15.52 % and 17.31 %3 of 67 countries between 17.31 % and 19.11 %3 of 67 countries between 19.11 % and 20.90 %1 of 67 countries between 22.70 % and 24.49 %1 of 67 countries between 37.05 % and 38.84 %4 of 67 countries between 44.23 % and 46.02 %median 8.79 %Botswana: ahead of 73 % of the 67 countries with a published lending rateBotswana 6.26 %2.96 %46.02 %
Half of all 67 countries sit between 5.88 % and 15.34 %. Botswana is ahead of 73 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryLending ratevs Botswana
16 Brunei5.50 %−0.76 pp
17 Norway5.88 %−0.38 pp
18 Botswana6.26 %—
19 Montenegro6.32 %+0.06 pp
20 Costa Rica6.88 %+0.62 pp

Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.

How to read this figure

The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.

Next, about Botswana

Deposit rateInflation rate
Lending rate, all countries ranked →Compare Botswana with another country →Everything about Botswana →
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