Interest rate on bank loans fell 5.76% to 3.85% in Qatar in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Qatar reached an all time high of 10.2% in 1995 and an all time low of 3.85% in 2021.
Qatar has been ranked 81st within the group of 94 countries we follow in terms of interest rate on bank loans, 30 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 |
Bahrain | % | 5.16% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Iran | % | ... | ... | ... | 14.2% | 18.0% | ... | ... | ... | ... | ... | |||||||||||
Iraq | % | ... | 12.3% | 12.4% | ... | ... | ... | ... | ... | |||||||||||||
Jordan | % | 8.48% | 8.12% | 8.39% | 8.66% | 8.67% | ||||||||||||||||
Kuwait | % | 4.29% | 4.48% | 4.69% | 4.83% | 4.81% | ||||||||||||||||
Oman | % | 4.88% | 4.91% | 5.15% | 5.25% | 5.41% | ||||||||||||||||
Pakistan | % | ... | ... | ... | 10.2% | 8.76% | 8.21% | 8.53% | 12.2% | |||||||||||||
Qatar | % | ... | ... | ... | 4.44% | 4.04% | 4.70% | 4.98% | 5.04% | |||||||||||||
Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
United Arab Emirates | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Yemen | % | ... | ... | ... | ... | ... | ... | ... | ... |