Interest rate on bank loans fell 2.70% to 7.88% in Comoros in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Comoros reached an all time high of 15.0% in 1983 and an all time low of 7.88% in 2021.
Comoros has been ranked 47th within the group of 94 countries we follow in terms of interest rate on bank loans, 18 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 |
| Comoros | % | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | ||||||||||||||||
| Ethiopia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
| Kenya | % | 16.1% | 16.6% | 13.7% | 13.1% | 12.4% | ||||||||||||||||
| Madagascar | % | 56.7% | 60.0% | 60.0% | 55.4% | 49.0% | ||||||||||||||||
| Malawi | % | 44.4% | 44.1% | 38.6% | 32.3% | 25.7% | ||||||||||||||||
| Mozambique | % | 14.9% | 21.2% | 27.9% | 23.0% | 19.0% | ||||||||||||||||
| Somalia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| South Africa | % | 9.42% | 10.5% | 10.4% | 10.1% | 10.1% | ||||||||||||||||
| Swaziland | % | 9.04% | 10.3% | 10.8% | 10.3% | 10.1% | ||||||||||||||||
| Tanzania | % | 16.1% | 16.0% | 17.8% | 17.4% | 17.0% | ... | |||||||||||||||
| Uganda | % | 22.6% | 23.9% | 21.3% | 19.8% | ... | ... | ... | ||||||||||||||
| Zambia | % | 13.3% | 15.5% | 12.4% | 9.79% | 10.3% | ... |
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