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Interest Rate on Bank Loans (Local Currency) in Colombia

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 9.34% in 2021 in Colombia, according to the National Central Bank. This is 5.20% less than in the previous year.

Historically, interest rate on bank loans in Colombia reached an all time high of 46.4% in 1991 and an all time low of 9.34% in 2021.

Colombia has been ranked 37th within the group of 94 countries we follow in terms of interest rate on bank loans.

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