Interest rate on bank loans fell 11.7% to 7.32% in Bangladesh in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Bangladesh reached an all time high of 14.8% in 1987 and an all time low of 7.32% in 2021.
Bangladesh has been ranked 53rd within the group of 94 countries we follow in terms of interest rate on bank loans, 7 places below the position seen 10 years ago.
Interest Rate on Bank Loans (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Bangladesh | % | 11.7% | 10.4% | 9.54% | 9.65% | 9.56% | ||||||||||||||||
Bhutan | % | 14.9% | 14.2% | 14.3% | 14.0% | 14.0% | ||||||||||||||||
China | % | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | ||||||||||||||||
India | % | 10.0% | 9.67% | 9.51% | 9.45% | 9.47% | ||||||||||||||||
Japan | % | 1.14% | 1.04% | 0.994% | ... | ... | ... | ... | ||||||||||||||
Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
Myanmar | % | 16.0% | 16.0% | 16.0% | 16.0% | 16.0% | ... | |||||||||||||||
Nepal | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
Pakistan | % | ... | ... | ... | 10.2% | 8.76% | 8.21% | 8.53% | 12.2% | |||||||||||||
Russia | % | 15.7% | 12.6% | 10.6% | 8.87% | 8.75% | ||||||||||||||||
Sri Lanka | % | 6.96% | 10.5% | 11.6% | 11.6% | 11.2% | ... | ... | ||||||||||||||
Thailand | % | ... | ... | 4.73% | 4.47% | 4.42% | 4.15% | 4.08% | ||||||||||||||
USA | % | 3.26% | 3.51% | 4.10% | 4.90% | 5.28% |