Interest rate on bank loans rose 0% to 14.0% in Bhutan in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Bhutan reached an all time high of 17.0% in 1992 and an all time low of 13.8% in 2009.
Bhutan has been ranked 19th within the group of 94 countries we follow in terms of interest rate on bank loans, 20 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 |
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% | ... | ... | ... | ... | ||||||||||||||
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% | ... | ... | ||||||||||||||
USA | % | 3.26% | 3.51% | 4.10% | 4.90% | 5.28% |