Burkina Faso Lending Rate
Lending interest rate FR.INR.LEND
Burkina Faso's lending rate was 6.25% in 2021, ranked 35th globally. This represents a 4.4% decrease from 2020. Data from World Bank, covering 2005–2021.
Overview
Burkina Faso's lending rate stood at 6.25% in 2021, a decline of +0.29pp from 2020. Burkina Faso ranked 35th globally.
Burkina Faso's lending rate has undergone significant fluctuations over the past 17 years, as indicated by World Bank data. At its all-time peak in 2005, the lending rate stood at 8.87%, while the all-time trough was reached in 2006 with a rate of 4.74%. This drastic drop in lending rates in 2006 signifies a decrease in borrowing costs for the country, likely due to improved macroeconomic conditions and potential monetary policy adjustments. As of 2021, Burkina Faso's lending rate has stabilized at 6.25%, ranking it 35th globally. This rate is comparable to that of Benin, a peer country with a similar lending rate. The relatively stable lending rate in Burkina Faso contrasts with the fluctuations experienced by other developing countries during this period. However, a decline in economic growth or an increase in inflation may lead to higher lending rates in the future, potentially altering the country's trajectory.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 6.25% | −0.29pp | #35 |
| 2020 | 6.54% | −0.15pp | #33 |
| 2019 | 6.69% | −0.08pp | #32 |
| 2018 | 6.76% | +0.25pp | #35 |
| 2017 | 6.51% | +1.22pp | #40 |
| 2016 | 5.30% | +0.14pp | #25 |
| 2015 | 5.15% | −0.18pp | #22 |
| 2014 | 5.34% | +0.05pp | #22 |
| 2013 | 5.29% | +0.25pp | #22 |
| 2012 | 5.04% | −0.22pp | #14 |
| 2011 | 5.26% | +0.14pp | #17 |
| 2010 | 5.11% | +0.14pp | #15 |
| 2009 | 4.98% | −0.01pp | #11 |
| 2008 | 4.98% | +0.23pp | #7 |
| 2007 | 4.75% | +0.01pp | #5 |
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 lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Burkina Faso's lending rate was 6.25% in 2021. Ranked 35th globally. This represents a 4.4% decrease from the previous year.
Burkina Faso's lending rate peaked at 8.87% in 2005.
The lowest lending rate in Burkina Faso was 4.74% in 2006.
Burkina Faso ranks 35th globally in lending rate as of 2021.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Burkina Faso in 2021 was 6.25%. This ranks 35th in the world.
Cite this page
@misc{historysaid_burkina-faso_lending-rate,
title = {Burkina Faso Lending Rate},
url = {https://historysaid.com/burkina-faso/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}