Interest Rate on Bank Loans (Local Currency) in Algeria

Interest rate on bank loans reached 8.00% in 2021 in Algeria, according to the National Central Bank. This is 0% more than in the previous year.

Historically, interest rate on bank loans in Algeria reached an all time high of 19.0% in 1996 and an all time low of 3.00% in 1980.

Algeria has been ranked 46th within the group of 94 countries we follow in terms of interest rate on bank loans.