Interest Rates On Bank Credit To The Private Sector

Middle East Ranking

Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Yemen	22.08	2013	1	24.5
2	Afghanistan	14.84	2017	2	15
3	Iran	14.21	2015	3	14
4	Iraq	12.36	2016	4	12.29
5	Lebanon	9.1	2018	5	8.29
6	Jordan	7.03	2021	6	7.48
7 ↑	Oman	5.5	2021	8	5.47
8 ↓	Bahrain	5.16	2015	7	5.87
9 ↑	Qatar	3.85	2021	10	4.09
10 ↓	Kuwait	3.71	2021	9	4.14
11	Israel	3.4	2020	11	3.53

Definition of Interest Rates On Bank Credit To The Private Sector

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.