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

The average lending rate in Zambia in 2020 was 9.48%. In 2019, the value was amounted to  10.29%. This is the first year of decline after a period of growth. Since 1978, for the whole period of statistics, this indicator has increased in 1.15 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Zambia was recorded in 1978, with a value of 8.25%. The highest value was in end-1993, when it reached 113.31%.