Lending interest rate | Peru

The average lending rate in Peru in 2022 was 12.60%. In 2021, the value was amounted to  10.98%. This is the first year of growth after a decline. Since 1985, for the whole period of statistics, this indicator has decreased in 4.87 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Peru was recorded in 2021, with a value of 10.98%. The highest value was in end-1990, when it reached 4 260.01%.