Burkina Faso Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Burkina Faso's interest rate spread was 0.95% in 2021, ranked 2nd globally. This represents a 34.1% decrease from 2020. Data from World Bank, covering 2005–2021.
Overview
Burkina Faso's interest rate spread stood at 0.95% in 2021, a decline of +0.49pp from 2020. Burkina Faso ranked 2nd globally.
Burkina Faso's interest rate spread has exhibited a notable trend over the past 17 years, with the difference between lending and deposit interest rates fluctuating between a narrow spread and a significant gap. The interest rate spread has narrowed since 2009, when it reached an all-time trough of -3.60%, indicating a decrease in lending rates relative to deposit rates. Conversely, the spread peaked in 2020 at 1.44%, signifying a widening gap between lending and deposit rates. Despite ranking second globally in 2021 with an interest rate spread of 0.95%, Burkina Faso's performance is comparable to that of Benin, which also held the same rank. The interest rate spread has been trending downward, but a potential increase in inflation or a tightening of monetary policy could alter this trajectory, potentially leading to a widening of the spread in the future.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 0.95% | −0.49pp | #2 |
| 2020 | 1.44% | +0.07pp | #5 |
| 2019 | 1.38% | +0.01pp | #4 |
| 2018 | 1.37% | +0.44pp | #2 |
| 2017 | 0.93% | +2.56pp | #9 |
| 2016 | -1.63% | +0.21pp | #2 |
| 2015 | -1.84% | +0.08pp | #3 |
| 2014 | -1.92% | +0.45pp | #3 |
| 2013 | -2.37% | +0.59pp | #3 |
| 2012 | -2.95% | +0.29pp | #3 |
| 2011 | -3.24% | +0.03pp | #2 |
| 2010 | -3.27% | +0.33pp | #3 |
| 2009 | -3.60% | −0.46pp | #3 |
| 2008 | -3.14% | −0.08pp | #3 |
| 2007 | -3.06% | +0.02pp | #3 |
Detected Pattern
Analysis
Burkina Faso matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Burkina Faso's interest rate spread was 0.95% in 2021. Ranked 2nd globally. This represents a 34.1% decrease from the previous year.
Burkina Faso's interest rate spread peaked at 1.44% in 2020.
The lowest interest rate spread in Burkina Faso was -3.60% in 2009.
Burkina Faso ranks 2nd globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Burkina Faso in 2021 was 0.95%. This ranks 2nd in the world.
Cite this page
@misc{historysaid_burkina-faso_interest-rate-spread,
title = {Burkina Faso Interest Rate Spread},
url = {https://historysaid.com/burkina-faso/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}