Kenya - Lending Rate 2022
12.34%
+0.26pp from 2021
Kenya's lending rate was 12.34% in 2022, increased +0.26pp from 12.08% in 2021. This was the 73rd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Italy | 2.26% | 11.8% |
| 2nd | Switzerland | 2.65% | 0.3% |
| 3rd | Israel | 2.96% | -4.6% |
| 4th | Thailand | 3.14% | 2.6% |
| 5th | Norway | 3.24% | 42.6% |
| 6th | Bosnia and Herzegovina | 3.36% | 5.0% |
| 7th | Bulgaria | 3.75% | -9.0% |
| 8th | San Marino | 3.80% | 7.6% |
| 9th | Malaysia | 3.91% | 13.5% |
| 10th | Kuwait | 3.91% | 5.6% |
| 11th | Czechia | 4.23% | 31.9% |
| 12th | Bahamas, The | 4.25% | 0.0% |
| 13th | Korea | 4.29% | 48.8% |
| 14th | China | 4.35% | 0.0% |
| 15th | Qatar | 4.56% | 18.5% |
| 16th | North Macedonia | 4.63% | -4.6% |
| 17th | Hong Kong SAR, China | 5.10% | 2.1% |
| 18th | Macao SAR, China | 5.34% | 1.6% |
| 19th | Fiji | 5.43% | -8.6% |
| 20th | Brunei Darussalam | 5.50% | 0.0% |
| 21st | Montenegro | 5.64% | -2.1% |
| 22nd | Aruba | 6.10% | -4.7% |
| 23rd | Botswana | 6.13% | 16.8% |
| 24th | Grenada | 6.44% | -1.6% |
| 25th | Albania | 6.51% | 8.1% |
| 26th | St. Lucia | 6.51% | -3.6% |
| 27th | Dominica | 6.54% | 3.8% |
| 28th | Panama | 6.91% | -0.4% |
| 29th | St. Kitts and Nevis | 7.05% | -1.3% |
| 30th | Bangladesh | 7.12% | -2.8% |
| 31st | Antigua and Barbuda | 7.31% | -1.0% |
| 32nd | Costa Rica | 7.36% | 33.5% |
| 33rd | Jordan | 7.37% | 5.0% |
| 34th | St. Vincent and the Grenadines | 7.39% | -3.4% |
| 35th | Trinidad and Tobago | 7.49% | 0.7% |
| 36th | Mauritius | 7.50% | 9.2% |
| 37th | Iceland | 7.60% | 40.6% |
| 38th | Romania | 7.76% | 38.2% |
| 39th | Bolivia, Plurinational State of | 7.76% | -3.1% |
| 40th | Cabo Verde | 7.83% | 2.8% |
| 41st | Tonga | 7.86% | 1.3% |
| 42nd | Papua New Guinea | 7.99% | 4.6% |
| 43rd | Algeria | 8.00% | 0.0% |
| 44th | Viet Nam | 8.01% | 2.6% |
| 45th | Comoros | 8.03% | 2.0% |
| 46th | Barbados | 8.05% | 0.0% |
| 47th | Mexico | 8.18% | 67.2% |
| 48th | Samoa | 8.29% | -2.6% |
| 49th | Guyana | 8.42% | -5.2% |
| 50th | Eswatini | 8.50% | 17.2% |
| 51st | Indonesia | 8.52% | -4.5% |
| 52nd | Belize | 8.52% | 1.0% |
| 53rd | India | 8.57% | -1.5% |
| 54th | Namibia | 8.61% | 25.5% |
| 55th | South Africa | 8.79% | 24.9% |
| 56th | Vanuatu | 8.81% | -5.7% |
| 57th | Lesotho | 8.98% | 9.4% |
| 58th | Seychelles | 9.10% | -0.6% |
| 59th | Nicaragua | 9.23% | -4.1% |
| 60th | Egypt, Arab Republic of | 10.58% | 12.3% |
| 61st | Hungary | 10.66% | 259.4% |
| 62nd | Uruguay | 10.87% | 45.8% |
| 63rd | Maldives | 10.93% | -5.5% |
| 64th | Timor-Leste | 11.00% | -1.4% |
| 65th | Jamaica | 11.41% | -0.8% |
| 66th | Russian Federation | 11.46% | 59.6% |
| 67th | Armenia | 11.72% | -0.4% |
| 68th | Burundi | 11.77% | -8.4% |
| 69th | Moldova | 11.80% | 59.5% |
| 70th | Dominican Republic | 11.85% | 23.3% |
| 71st | Guatemala | 11.92% | -2.2% |
| 72nd | Nigeria | 12.33% | 7.4% |
| 73rd | Kenya | 12.34% | 2.1% |
| 74th | Peru | 12.60% | 14.7% |
| 75th | Belarus | 12.72% | 25.7% |
| 76th | Haiti | 13.12% | -1.7% |
| 77th | Georgia | 13.66% | 9.2% |
| 78th | Bhutan | 14.00% | 0.0% |
| 79th | Azerbaijan | 14.59% | -11.2% |
| 80th | Honduras | 14.61% | -8.5% |
| 81st | Suriname | 14.75% | -0.9% |
| 82nd | Colombia | 15.81% | 69.3% |
| 83rd | South Sudan | 16.29% | 1.3% |
| 84th | Rwanda | 16.39% | 1.3% |
| 85th | São Tomé and Principe | 17.90% | -3.1% |
| 86th | Ukraine | 18.61% | 40.0% |
| 87th | Kyrgyz Republic | 18.66% | 12.3% |
| 88th | Gambia, The | 19.00% | -2.6% |
| 89th | Sierra Leone | 19.31% | 2.4% |
| 90th | Angola | 20.12% | 3.7% |
| 91st | Mozambique | 20.13% | 10.8% |
| 92nd | Uzbekistan | 21.75% | 1.5% |
| 93rd | Malawi | 25.35% | 6.2% |
| 94th | Brazil | 39.40% | 31.3% |
| 95th | Madagascar | 48.83% | 1.1% |
| 96th | Argentina | 52.40% | 47.4% |
| 97th | Zimbabwe | 131.81% | 189.8% |
FAQ
What was Kenya's lending rate in 2022?▾
Kenya's lending rate in 2022 was 12.34%. This ranked 73rd globally.
How did Kenya's lending rate change in 2022?▾
Kenya's lending rate increased by 2.1% in 2022 compared to 2021.
Which country had the highest lending rate in 2022?▾
Zimbabwe had the highest lending rate in 2022 at 131.81%.
What is the lending rate of Kenya in 2022?▾
The lending rate of Kenya in 2022 was 12.34%. This ranked 73rd globally.
How does 2022 compare to 2021 for Kenya's lending rate?▾
Kenya's lending rate went from 12.08% in 2021 to 12.34% in 2022, a 2.1% increase.
Related
2021
2023
All years
Full ranking 2022
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1994
Lowest: 1971
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Papua New Guinea
vs Mauritania
vs West Bank and Gaza
vs Kiribati
African Union Lending Rate
Global Ranking