Interest Rate on Bank Loans (Local Currency) in Malawi

Interest rate on bank loans reached 23.9% in 2021 in Malawi, according to the National Central Bank. This is 1.38% less than in the previous year.

Historically, interest rate on bank loans in Malawi reached an all time high of 56.2% in 2001 and an all time low of 16.5% in 1979.

Malawi has been ranked 5th within the group of 94 countries we follow in terms of interest rate on bank loans.