Lending interest rate | Lao Peoples Dem. Rep.

The average lending rate in Lao Peoples Dem. Rep. in 2010 was 22.61%. In 2009, the value was amounted to  24.78%. This is the first year of decline after a period of growth. Since 1991, for the whole period of statistics, this indicator has decreased in 1.15 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Lao Peoples Dem. Rep. was recorded in 2010, with a value of 22.61%. The highest value was in end-2000, when it reached 32.00%.