Interest Rate on Bank Loans (Local Currency) in Ecuador

Interest rate on bank loans reached 12.8% in 2008 in Ecuador, according to the National Central Bank. This is 12.8% less than in the previous year.

Historically, interest rate on bank loans in Ecuador reached an all time high of 60.2% in 1992 and an all time low of 9.00% in 1980.

Ecuador has been ranked 70th within the group of 153 countries we follow in terms of interest rate on bank loans.