Interest rate on bank loans fell 6.08% to 7.03% in Jordan in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Jordan reached an all time high of 12.6% in 1998 and an all time low of 7.03% in 2021.
Jordan has been ranked 57th within the group of 94 countries we follow in terms of interest rate on bank loans, 25 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 |
Egypt | % | 11.6% | 13.6% | 18.2% | 18.3% | 16.1% | ||||||||||||||||
Iran | % | ... | ... | ... | 14.2% | 18.0% | ... | ... | ... | ... | ... | |||||||||||
Iraq | % | ... | 12.3% | 12.4% | ... | ... | ... | ... | ... | |||||||||||||
Israel | % | 3.46% | 3.42% | 3.50% | 3.48% | 3.53% | ||||||||||||||||
Jordan | % | 8.48% | 8.12% | 8.39% | 8.66% | 8.67% | ||||||||||||||||
Kuwait | % | 4.29% | 4.48% | 4.69% | 4.83% | 4.81% | ||||||||||||||||
Lebanon | % | 7.09% | 8.35% | 8.29% | 9.10% | 10.5% | ... | ... | ||||||||||||||
Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Syria | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
Turkey | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
United Arab Emirates | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Yemen | % | ... | ... | ... | ... | ... | ... | ... | ... |