Iran: Lending interest rate

The latest value from 2016 is 18 percent, an increase from 14.21 percent in 2015. In comparison, the world average is 11.37 percent, based on data from 129 countries. Historically, the average for Iran from 2004 to 2016 is 13.37 percent. The minimum value, 11 percent, was reached in 2011 while the maximum of 18 percent was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

The lending interest rate in Iran shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.