Interest Rate on Bank Loans (Local Currency) in Iraq

Interest rate on bank loans reached 12.4% in 2016 in Iraq, according to the National Central Bank. This is 0.582% more than in the previous year.

Historically, interest rate on bank loans in Iraq reached an all time high of 19.2% in 2008 and an all time low of 12.3% in 2015.

Iraq has been ranked 48th within the group of 136 countries we follow in terms of interest rate on bank loans.