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Kenya - Interest Rate Spread 1997

Interest rate spread (lending rate minus deposit rate) · World Bank
13.52% −2.67pp from 1996 Global rank: 74th

Kenya's interest rate spread was 13.52% in 1997, decreased +2.67pp from 16.20% in 1996. This was the 74th highest globally.

Global Ranking - 1997▾
Interest Rate Spread by Country - 1997
RankCountryValueYoY
1st Serbia -58.92% -
2nd Korea 1.07% 11.8%
3rd Bahamas, The 1.52% -5.7%
4th Indonesia 1.80% -8.1%
5th Nicaragua 2.11% 8.9%
6th Australia 2.12% -30.5%
7th Japan 2.15% -8.9%
8th Oman 2.48% -13.2%
9th Singapore 2.85% 0.0%
10th Malaysia 2.85% -0.2%
11th Kuwait 2.87% 5.5%
12th Hong Kong SAR, China 2.92% -24.7%
13th United Kingdom 2.93% 0.6%
14th China 2.97% 13.8%
15th Canada 3.06% -0.2%
16th Algeria 3.10% -31.0%
17th Thailand 3.13% 2.0%
18th Jordan 3.23% -
19th Macao SAR, China 3.51% -19.0%
20th Chile 3.65% -6.0%
21st Bangladesh 3.79% -19.9%
22nd Egypt, Arab Republic of 3.96% -21.5%
23rd Panama 3.96% 4.4%
24th Hungary 4.11% -38.4%
25th Botswana 4.43% -8.1%
26th Mozambique 4.53% -
27th Sweden 4.69% -6.8%
28th Guinea 4.83% 20.8%
29th Barbados 5.26% 9.5%
30th Albania 5.43% -24.3%
31st Fiji 5.46% 10.8%
32nd Czechia 5.49% -4.5%
33rd Seychelles 5.68% -9.9%
34th Mexico 5.78% -42.1%
35th Aruba 5.89% -3.5%
36th Viet Nam 5.90% -41.8%
37th Philippines 6.08% 18.0%
38th Lesotho 6.22% 25.0%
39th Papua New Guinea 6.32% 2.4%
40th Maldives 6.86% 0.0%
41st St. Kitts and Nevis 6.90% 3.6%
42nd Dominica 6.90% -3.2%
43rd Lebanon 6.92% -28.4%
44th Bahrain 6.92% -3.1%
45th St. Vincent and the Grenadines 7.08% -0.1%
46th Belize 7.11% -1.6%
47th Grenada 7.31% 16.9%
48th Namibia 7.48% 13.3%
49th Eswatini 7.50% -1.1%
50th Yemen, Republic of 7.60% -1.3%
51st Dominican Republic 7.61% -22.5%
52nd Antigua and Barbuda 7.63% -3.8%
53rd Bhutan 7.75% -0.5%
54th Myanmar 7.81% 0.0%
55th St. Lucia 8.03% -3.5%
56th Rwanda 8.34% 15.1%
57th Trinidad and Tobago 8.42% 7.3%
58th Guyana 8.48% 16.1%
59th Angola 8.50% -88.0%
60th Costa Rica 9.45% 5.2%
61st Uganda 9.53% -1.5%
62nd Colombia 9.58% -6.2%
63rd Mauritius 9.83% -2.1%
64th Moldova 9.86% -12.3%
65th Liberia 10.40% 18.2%
66th Nigeria 10.63% 56.8%
67th Honduras 10.78% -17.3%
68th Micronesia, Federated States of 10.79% 3.5%
69th Croatia 11.17% -34.0%
70th Zambia 12.22% 4.8%
71st Guatemala 12.81% -
72nd Gambia, The 13.00% 0.0%
73rd Mauritania 13.00% 0.0%
74th Kenya 13.52% -16.5%
75th Sierra Leone 13.96% -23.1%
76th Russian Federation 15.28% -
77th Suriname 15.80% -12.9%
78th Peru 15.90% -4.4%
79th Madagascar 15.92% -0.9%
80th Belarus 16.16% -46.1%
81st Romania 16.69% -6.6%
82nd Tanzania 18.44% -9.5%
83rd Jamaica 19.00% 29.5%
84th Paraguay 21.90% -6.3%
85th Armenia 28.15% -17.6%
86th Ukraine 30.91% -33.2%
87th Kyrgyz Republic 34.25% 7.5%
88th Bolivia, Plurinational State of 35.32% -4.0%
89th Uruguay 37.80% -13.0%
90th Brazil 53.84% -

FAQ

What was Kenya's interest rate spread in 1997?▾

Kenya's interest rate spread in 1997 was 13.52%. This ranked 74th globally.

How did Kenya's interest rate spread change in 1997?▾

Kenya's interest rate spread decreased by 16.5% in 1997 compared to 1996.

Which country had the highest interest rate spread in 1997?▾

Brazil had the highest interest rate spread in 1997 at 53.84%.

What is the interest rate spread of Kenya in 1997?▾

The interest rate spread of Kenya in 1997 was 13.52%. This ranked 74th globally.

How does 1997 compare to 1996 for Kenya's interest rate spread?▾

Kenya's interest rate spread went from 16.20% in 1996 to 13.52% in 1997, a 16.5% decrease.

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