Moldova Lending Rate
Lending interest rate FR.INR.LEND
Moldova's lending rate was 11.64% in 2025, ranked 37th globally. This represents a 30.7% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Moldova's lending rate stood at 11.64% in 2025, a rise of +2.73pp from 2024. Based on recent trends, this figure is projected to reach 11.64% by 2025. Moldova ranked 37th globally.
Moldova’s lending rate has fallen dramatically since the mid‑1990s, sliding from an all‑time peak of 40.77 % in 1995 to a trough of 7.40 % in 2021, before edging up to 11.64 % in 2025, which places the country 37th globally. The steep decline over the 31‑year coverage reflects successive monetary‑policy tightening cycles and macro‑stability reforms that reduced risk premiums on bank loans. By contrast, peer economies such as Jamaica (11.73 %) and the Maldives (11.47 %) are clustered at similar levels, suggesting that Moldova’s current rate aligns with the upper‑mid range of emerging‑market financing costs. The modest rise from the 2021 trough signals a cautious response to inflationary pressures and external funding conditions, yet the rate remains well below the 1990s peak. Continued convergence of domestic inflation with the National Bank’s target and further deepening of the banking sector could keep the lending rate on a gradual downward trajectory, supporting credit growth and investment.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 12.92% | - | - |
| 2026* trend | 12.28% | - | - |
| 2025* trend | 11.64% | - | - |
| 2025 | 11.64% | +2.73pp | #37 |
| 2024 | 8.91% | −3.43pp | #41 |
| 2023 | 12.33% | +0.54pp | #64 |
| 2022 | 11.80% | +4.40pp | #69 |
| 2021 | 7.40% | −0.78pp | #50 |
| 2020 | 8.18% | −0.07pp | #57 |
| 2019 | 8.25% | −0.60pp | #44 |
| 2018 | 8.85% | −1.52pp | #54 |
| 2017 | 10.36% | −3.91pp | #77 |
| 2016 | 14.28% | +0.13pp | #99 |
| 2015 | 14.15% | +3.14pp | #98 |
| 2014 | 11.01% | −1.28pp | #84 |
| 2013 | 12.29% | −1.12pp | #94 |
| 2012 | 13.42% | −1.02pp | #94 |
| 2011 | 14.44% | −1.92pp | #100 |
Detected Pattern
Analysis
Moldova matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Moldova's lending rate was 11.64% in 2025. Ranked 37th globally. This represents a 30.7% increase from the previous year.
Moldova's lending rate peaked at 40.78% in 1995.
The lowest lending rate in Moldova was 7.40% in 2021.
Moldova ranks 37th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Moldova's lending rate is projected to reach 11.64% by 2025 based on trend extrapolation.
The lending rate of Moldova in 2025 was 11.64%. This ranks 37th in the world.
Cite this page
@misc{historysaid_moldova_lending-rate,
title = {Moldova Lending Rate},
url = {https://historysaid.com/moldova/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}