Interest Rate on Bank Loans (Local Currency) in Zambia

Interest rate on bank loans reached 9.48% in 2020 in Zambia, according to the National Central Bank. This is 7.89% less than in the previous year.

Historically, interest rate on bank loans in Zambia reached an all time high of 113% in 1993 and an all time low of 7.00% in 1971.

Zambia has been ranked 43rd within the group of 97 countries we follow in terms of interest rate on bank loans.