Kosovo Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Kosovo's interest rate spread was 5.34% in 2018, ranked 55th globally. This represents a 7.8% decrease from 2017. Data from World Bank, covering 2004–2018.
Overview
Kosovo's interest rate spread stood at 5.34% in 2018, a decline of +0.45pp from 2017. Kosovo ranked 55th globally.
Kosovo’s interest‑rate spread narrowed markedly between 2004 and 2018, falling from an all‑time peak of 11.98 % in 2004 to a trough of 5.34 % in 2018, the latter placing the country 55th globally. The 15‑year contraction reflects a gradual alignment of lending rates with policy rates, suggesting improved monetary transmission and reduced risk premia in the banking sector. Kosovo’s 2018 spread is closely comparable to that of Mongolia (5.28 %) and Romania (5.50 %), indicating a convergence with peers that have similarly reformed financial markets. The decline may be attributed to tighter macro‑financial stability, lower inflation expectations, and the adoption of a currency board arrangement that anchors monetary conditions. If fiscal discipline is maintained and external financing conditions remain favorable, the spread is likely to stay low or contract further, reinforcing credit availability and supporting economic diversification.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2018 | 5.34% | −0.45pp | #55 |
| 2017 | 5.80% | −0.64pp | #64 |
| 2016 | 6.44% | −0.98pp | #68 |
| 2015 | 7.42% | −2.09pp | #85 |
| 2014 | 9.50% | +1.11pp | #105 |
| 2013 | 8.40% | −0.67pp | #100 |
| 2012 | 9.07% | −1.22pp | #100 |
| 2011 | 10.28% | −0.39pp | #103 |
| 2010 | 10.67% | +0.60pp | #103 |
| 2009 | 10.07% | −0.55pp | #100 |
| 2008 | 10.62% | −0.64pp | #105 |
| 2007 | 11.26% | −0.28pp | #105 |
| 2006 | 11.54% | +0.00pp | #105 |
| 2005 | 11.53% | −0.44pp | #99 |
| 2004 | 11.98% | – | #89 |
Analysis
Kosovo's interest rate spread was 5.34% in 2018, a decline of −0.45pp from 2017.
Frequently Asked Questions
Kosovo's interest rate spread was 5.34% in 2018. Ranked 55th globally. This represents a 7.8% decrease from the previous year.
Kosovo's interest rate spread peaked at 11.98% in 2004.
The lowest interest rate spread in Kosovo was 5.34% in 2018.
Kosovo ranks 55th globally in interest rate spread as of 2018.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Kosovo in 2018 was 5.34%. This ranks 55th in the world.
Cite this page
@misc{historysaid_kosovo_interest-rate-spread,
title = {Kosovo Interest Rate Spread},
url = {https://historysaid.com/kosovo/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}