Interest Rate on Bank Loans (Local Currency) in Venezuela

Interest rate on bank loans reached 21.1% in 2017 in Venezuela, according to the National Central Bank. This is 1.37% more than in the previous year.

Historically, interest rate on bank loans in Venezuela reached an all time high of 59.9% in 1993 and an all time low of 8.47% in 1987.

Venezuela has been ranked 9th within the group of 119 countries we follow in terms of interest rate on bank loans.