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Interest Rate on Bank Loans (Local Currency) in Maldives

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 11.6% in 2021 in Maldives, according to the National Central Bank. This is 0.300% less than in the previous year.

Historically, interest rate on bank loans in Maldives reached an all time high of 12.0% in 1994 and an all time low of 9.16% in 1999.

Maldives has been ranked 28th within the group of 94 countries we follow in terms of interest rate on bank loans.

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