Interest rate on bank loans fell 12.7% to 3.44% in Malaysia in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Malaysia reached an all time high of 12.6% in 1985 and an all time low of 3.44% in 2021.
Malaysia has been ranked 83rd within the group of 94 countries we follow in terms of interest rate on bank loans, 45 places above 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 |
Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
China | % | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | ||||||||||||||||
Indonesia | % | 12.7% | 11.9% | 11.1% | 10.5% | 10.4% | ||||||||||||||||
Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
Malaysia | % | 4.57% | 4.53% | 4.61% | 4.93% | 4.88% | ||||||||||||||||
Myanmar | % | 16.0% | 16.0% | 16.0% | 16.0% | 16.0% | ... | |||||||||||||||
Philippines | % | 5.58% | 5.64% | 5.63% | 6.12% | 7.10% | ... | ... | ||||||||||||||
Singapore | % | 5.35% | 5.35% | 5.28% | 5.33% | 5.25% | ||||||||||||||||
Thailand | % | ... | ... | 4.73% | 4.47% | 4.42% | 4.15% | 4.08% | ||||||||||||||
Vietnam | % | 7.12% | 6.96% | 7.07% | 7.37% | 7.71% |