Lending interest rate | Bulgaria
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Overview
The average lending rate in Bulgaria in 2024 was 4.61%. In 2023, the value was amounted to 4.44%. It has been growing in this country for already 2 years in a row. Since 1992, for the whole period of statistics, this indicator has decreased in 16.05 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Bulgaria was recorded in 2022, with a value of 3.75%. The highest value was in end-1996, when it reached 291.06%.
Additional infomation:
About indicator
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.


