Interest rate on bank loans rose 0% to 8.00% in Algeria in 2017, according to the National Central Bank.
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 67th within the group of 110 countries we follow in terms of interest rate on bank loans, 40 places above the position seen 10 years ago.
| Interest Rate on Bank Loans (Local Currency) | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Algeria | % | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | ||||||||||||||||
| Chad | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
| Egypt | % | 12.3% | 11.7% | 11.6% | 13.6% | 18.2% | ||||||||||||||||
| France | % | 5.82% | 6.07% | 6.05% | 5.51% | ... | ... | ... | ||||||||||||||
| Italy | % | 5.14% | 4.87% | 4.13% | 3.50% | 3.00% | ||||||||||||||||
| Libya | % | 6.00% | 6.00% | ... | ... | ... | ... | ... | ||||||||||||||
| Malta | % | 4.71% | 4.97% | 5.16% | 5.06% | ... | ... | ... | ||||||||||||||
| Mauritania | % | 17.0% | 17.0% | 17.0% | 17.0% | 17.0% | ... | ... | ||||||||||||||
| Morocco | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||
| Portugal | % | ... | ... | 8.41% | 7.78% | 6.60% | 5.99% | ... | ... | ... | ||||||||||||
| Spain | % | 6.76% | 6.14% | 4.50% | 4.20% | ... | ... | ... | ||||||||||||||
| Tunisia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Helgi Analytics 
