Lending interest rate | Guatemala – yearly data, chart and table

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Source: IMF
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IMF
https://www.imf.org

Overview

Кредитная процентная ставка | Гватемала
The average lending rate in Guatemala in 2024 was 12.40%. In 2023, the value was amounted to  11.96%. It has been growing in this country for already 2 years in a row. Since 1997, for the whole period of statistics, this indicator has decreased in 1.50 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Guatemala was recorded in 2022, with a value of 11.92%. The highest value was in end-2000, when it reached 20.88%.
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.