Interest rate on bank loans rose 0.573% to 5.50% in Oman in 2021, according to the National Central Bank.
Historically, interest rate on bank loans in Oman reached an all time high of 10.5% in 1999 and an all time low of 4.88% in 2015.
Oman has been ranked 70th within the group of 94 countries we follow in terms of interest rate on bank loans, 31 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% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Djibouti | % | 11.6% | 11.5% | 11.2% | ... | ... | ... | ... | ||||||||||||||
Eritrea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iran | % | ... | ... | ... | 14.2% | 18.0% | ... | ... | ... | ... | ... | |||||||||||
Iraq | % | ... | 12.3% | 12.4% | ... | ... | ... | ... | ... | |||||||||||||
Jordan | % | 8.48% | 8.12% | 8.39% | 8.66% | 8.67% | ||||||||||||||||
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 | % | ... | ... | ... | ... | ... | ... | ... | ... |