Iraq Lending Rate
Lending interest rate FR.INR.LEND
Iraq's lending rate was 12.36% in 2016, ranked 86th globally. This represents a 0.6% increase from 2015. Data from World Bank, covering 2002–2016.
Overview
Iraq's lending rate stood at 12.36% in 2016, a rise of +0.07pp from 2015. Iraq ranked 86th globally.
Iraq’s lending rate has fallen markedly since the early 2000s, sliding from 15.00 % in 2002 to a 2016 level of 12.36 % that places the country 86th globally. The sharpest rise occurred in the global financial crisis, when the rate peaked at 19.21 % in 2008, before a gradual decline that reached an all‑time trough of 12.29 % in 2015. Over the 15‑year coverage period the downward trajectory has aligned Iraq with several peers: its 2016 rate matches that of Seychelles (12.36 %) and is only slightly below the Russian Federation’s 12.60 % and Georgia’s 12.62 %, while exceeding Indonesia’s 11.89 %. The persistent reduction reflects both domestic monetary easing and broader regional credit conditions. Future movements will likely hinge on the Central Bank’s policy response to inflation pressures and the pace of economic diversification, which could either sustain the modest decline or prompt a modest uptick.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2016 | 12.36% | +0.07pp | #86 |
| 2015 | 12.29% | −0.31pp | #85 |
| 2014 | 12.60% | −0.97pp | #93 |
| 2013 | 13.58% | −0.29pp | #101 |
| 2012 | 13.87% | −0.26pp | #100 |
| 2011 | 14.13% | −0.22pp | #97 |
| 2010 | 14.35% | −1.81pp | #97 |
| 2009 | 16.16% | −3.06pp | #102 |
| 2008 | 19.22% | +0.43pp | #114 |
| 2007 | 18.78% | +4.41pp | #110 |
| 2006 | 14.38% | +0.96pp | #90 |
| 2005 | 13.42% | +0.15pp | #82 |
| 2004 | 13.27% | −1.73pp | #69 |
| 2003 | 15.00% | +0.00pp | #69 |
| 2002 | 15.00% | – | #60 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's lending rate was 12.36% in 2016. Ranked 86th globally. This represents a 0.6% increase from the previous year.
Iraq's lending rate peaked at 19.22% in 2008.
The lowest lending rate in Iraq was 12.29% in 2015.
Iraq ranks 86th globally in lending rate as of 2016.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Iraq in 2016 was 12.36%. This ranks 86th in the world.
Cite this page
@misc{historysaid_iraq_lending-rate,
title = {Iraq Lending Rate},
url = {https://historysaid.com/iraq/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}