Lending interest rate | San Tome – yearly data, chart and table

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Source: IMF
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IMF
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Overview

Кредитная процентная ставка | Сан-Томе и Принсипи
The average lending rate in San Tome in 2023 was 17.81%. In 2022, the value was amounted to  17.90%. It has been falling in this country for already 5 years in a row. Since 2001, for the whole period of statistics, this indicator has decreased in 2.08 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in San Tome was recorded in 2023, with a value of 17.81%. The highest value was in end-2002, when it reached 37.42%.
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.