Micronesia, Federated States of Lending Rate
Lending interest rate FR.INR.LEND
Micronesia, Federated States of's lending rate was 12.62% in 2021, ranked 86th globally. This represents a 12.8% decrease from 2020. Data from World Bank, covering 1995–2021.
Overview
Micronesia, Federated States of's lending rate stood at 12.62% in 2021, a decline of +1.85pp from 2020. Micronesia, Federated States of ranked 86th globally.
Micronesia’s lending rate has fallen steadily over the 27‑year series, declining from a 1995 high of 15.00% to a trough of 12.62% in 2021, which also represents the country’s all‑time low and ranks it 86th globally. The peak of 16.38% occurred in 2005, reflecting a period of tighter monetary conditions, but subsequent policy easing and modest improvements in financial sector stability have driven rates down. Compared with peers of similar rank, Micronesia’s 2021 rate is marginally below Georgia’s 12.51% and Burundi’s 12.86%, indicating a competitive borrowing environment within the region. The downward trajectory suggests that further reductions could be achieved if inflation remains subdued and the central bank continues to liberalise credit. However, any resurgence of external shocks or fiscal pressures could halt or reverse the decline, making future policy choices pivotal for the rate’s path.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 12.62% | −1.85pp | #86 |
| 2020 | 14.47% | −0.23pp | #90 |
| 2019 | 14.70% | −1.00pp | #90 |
| 2018 | 15.70% | −0.40pp | #95 |
| 2017 | 16.10% | +0.40pp | #110 |
| 2016 | 15.70% | +0.00pp | #105 |
| 2015 | 15.70% | +0.00pp | #106 |
| 2014 | 15.70% | +0.00pp | #109 |
| 2013 | 15.70% | +1.38pp | #112 |
| 2012 | 14.32% | −0.03pp | #105 |
| 2011 | 14.35% | −0.78pp | #98 |
| 2010 | 15.13% | −0.25pp | #103 |
| 2009 | 15.38% | +1.00pp | #98 |
| 2008 | 14.38% | +0.35pp | #87 |
| 2007 | 14.03% | −1.59pp | #88 |
Detected Pattern
Analysis
Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Micronesia, Federated States of's lending rate was 12.62% in 2021. Ranked 86th globally. This represents a 12.8% decrease from the previous year.
Micronesia, Federated States of's lending rate peaked at 16.38% in 2005.
The lowest lending rate in Micronesia, Federated States of was 12.62% in 2021.
Micronesia, Federated States of ranks 86th 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 Micronesia, Federated States of in 2021 was 12.62%. This ranks 86th in the world.
Cite this page
@misc{historysaid_micronesia-federated-states-of_lending-rate,
title = {Micronesia, Federated States of Lending Rate},
url = {https://historysaid.com/micronesia-federated-states-of/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}