Cost of moneyEgypt
Lending rate in Egypt
What do banks charge for credit there?
Egypt's lending rate is 24.29 % — #62 of 67 countries on the atlas (lower is better). Period 2024.
Among 67 countries
- Rank
- #62 of 67
- lower is better
- Ranked behind
- 7 %
- 5 of 67 countries
In Africa: #11 of 14vs median 8.79 %: +15.50 pp (worse)
The neighbourhood
| # | Country | Lending rate | vs Egypt |
|---|---|---|---|
| 60 | Ukraine | 19.70 % | −4.59 pp |
| 61 | Kyrgyzstan | 19.78 % | −4.51 pp |
| 62 | Egypt | 24.29 % | — |
| 63 | Malawi | 37.06 % | +12.77 pp |
| 64 | Brazil | 45.33 % | +21.04 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.
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