Congo, Democratic Republic of Lending Rate
Lending interest rate FR.INR.LEND
Congo, Democratic Republic of's lending rate was 23.29% in 2021, ranked 104th globally. This represents a 10.3% decrease from 2020. Data from World Bank, covering 2006–2021.
Overview
Congo, Democratic Republic of's lending rate stood at 23.29% in 2021, a decline of +2.67pp from 2020. Congo, Democratic Republic of ranked 104th globally.
The Democratic Republic of Congo has experienced a significant fluctuation in its lending rate over the past 16 years. The all-time peak of 65.42% in 2009, during a period of economic turmoil, highlights the country's vulnerability to financial shocks. Conversely, the all-time trough of 18.69% in 2014, following a period of relative stability, demonstrates the potential for improvement in the country's financial landscape. As of 2021, the lending rate has stabilized at 23.29%, ranking 104 globally. For comparison, Uzbekistan's lending rate is 21.42% and Brazil's is 30.02%, indicating that the Democratic Republic of Congo's rate is relatively high. The country's lending rate has been decreasing over the years, suggesting a gradual improvement in its financial situation. However, a sustained economic downturn or a decline in investor confidence could potentially shift the trend, altering the trajectory of the lending rate and its impact on the country's economic stability.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 23.29% | −2.67pp | #104 |
| 2020 | 25.96% | −0.78pp | #107 |
| 2019 | 26.74% | +1.99pp | #113 |
| 2018 | 24.75% | +4.13pp | #114 |
| 2017 | 20.62% | +1.58pp | #124 |
| 2016 | 19.05% | −0.33pp | #121 |
| 2015 | 19.37% | +0.68pp | #122 |
| 2014 | 18.69% | −0.67pp | #124 |
| 2013 | 19.37% | −9.08pp | #130 |
| 2012 | 28.45% | −15.31pp | #134 |
| 2011 | 43.75% | −12.76pp | #132 |
| 2010 | 56.52% | −8.90pp | #135 |
| 2009 | 65.42% | +22.26pp | #134 |
| 2008 | 43.15% | −3.85pp | #132 |
| 2007 | 47.00% | +0.57pp | #133 |
Detected Pattern
Analysis
Congo, Democratic Republic of matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Congo, Democratic Republic of's lending rate was 23.29% in 2021. Ranked 104th globally. This represents a 10.3% decrease from the previous year.
Congo, Democratic Republic of's lending rate peaked at 65.42% in 2009.
The lowest lending rate in Congo, Democratic Republic of was 18.69% in 2014.
Congo, Democratic Republic of ranks 104th 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 Congo, Democratic Republic of in 2021 was 23.29%. This ranks 104th in the world.
Cite this page
@misc{historysaid_congo-democratic-republic-of_lending-rate,
title = {Congo, Democratic Republic of Lending Rate},
url = {https://historysaid.com/congo-democratic-republic-of/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}