* indicates monthly or quarterly data series
| Colombia | Interest rates on bank credit to the private sector |
|---|---|
| Latest value | 15.81 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1986 - 2022 |
| Average | 23.49 |
| Min - Max | 9.34 - 46.42 |
| Source | The World Bank |
For that indicator, we provide data for Colombia from 1986 to 2022. The average value for Colombia during that period was 23.49 percent with a minimum of 9.34 percent in 2021 and a maximum of 46.42 percent in 1991.The latest value from 2022 is 15.81 percent. For comparison, the world average in 2022 based on 88 countries is 11.72 percent.See the global rankings for that indicator or use the country comparator to compare trends over time.
* indicates monthly or quarterly data series
Recent values chart
Historical chart
The lending interest rate in Colombia 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.
| Related indicators | Latest value | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 6.47 | 2020 | interest rate points |
| Bank cost to income ratio | 67.84 | 2021 | percent |
| Non-performing loans | 2.47 | 2022 | percent |
| Bank overhead cost | 3.22 | 2021 | percent |
| Net interest margin | 2.90 | 2021 | percent |
| Bank credit to deposits | 166.60 | 2021 | percent |
| Regulatory capital to risk-weighted assets | 19.94 | 2020 | percent |
| Return on assets | 0.59 | 2021 | percent |
| Return on equity | 4.81 | 2021 | percent |
| Banking system z-scores | 4.32 | 2021 | index points |
| Liquid assets to deposits | 22.49 | 2021 | percent |
| Banking system capital to assets | 16.33 | 2020 | percent |
| Non-interest income to total income | 45.72 | 2021 | percent |
| Lending interest rate | 15.81 | 2022 | percent |
| Real interest rate | 1.29 | 2022 | percent |
| Legal rights | 11.00 | 2020 | points |
| Credit information sharing | 7.00 | 2019 | points |
