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Cost of moneyPeru

Lending rate in Peru

What do banks charge for credit there?

Peru's lending rate is 12.60 % — #43 of 67 countries on the atlas (lower is better). Period 2022.

12.60%

Checked 22 Sept 2026Period 2022

Source: IMF International Financial Statistics

Lending rate in Peru over time

155.50 %83.24 %10.98 %155.50 % · 198810.98 % · 20211985: 61.37 %1986: 36.15 %1987: 31.89 %1988: 155.50 %1992: 148.14 %1993: 94.24 %1994: 55.35 %1995: 36.16 %1996: 31.53 %1997: 30.91 %1998: 32.63 %1999: 35.06 %2000: 30.00 %2001: 24.98 %2002: 20.77 %2003: 21.02 %2004: 24.67 %2005: 25.53 %2006: 23.93 %2007: 22.86 %2008: 23.67 %2009: 21.04 %2010: 18.98 %2011: 18.68 %2012: 19.24 %2013: 18.14 %2014: 15.74 %2015: 16.11 %2016: 16.47 %2017: 16.79 %2018: 14.54 %2019: 14.39 %2020: 12.94 %2021: 10.98 %2022: 12.60 %19852004202212.60 %
35 official observations, 1985 → 2022. Every point is a published value — never interpolated.
Rank
#43 of 67
lower is better
Ranked behind
36 %
24 of 67 countries
Latest move
▲ 1.62 pp
since 2021
Below its peak
142.90 pp
peak 155.50 % in 1988
Full series
▼ 48.77 pp
since 1985

In Americas: #13 of 21vs median 8.79 %: +3.81 pp (worse)

Among 67 countries

10 of 67 countries between 2.96 % and 4.75 %9 of 67 countries between 4.75 % and 6.55 %9 of 67 countries between 6.55 % and 8.34 %10 of 67 countries between 8.34 % and 10.14 %4 of 67 countries between 10.14 % and 11.93 %3 of 67 countries between 11.93 % and 13.73 %5 of 67 countries between 13.73 % and 15.52 %5 of 67 countries between 15.52 % and 17.31 %3 of 67 countries between 17.31 % and 19.11 %3 of 67 countries between 19.11 % and 20.90 %1 of 67 countries between 22.70 % and 24.49 %1 of 67 countries between 37.05 % and 38.84 %4 of 67 countries between 44.23 % and 46.02 %median 8.79 %Peru: ahead of 36 % of the 67 countries with a published lending ratePeru 12.60 %2.96 %46.02 %
Half of all 67 countries sit between 5.88 % and 15.34 %. Peru is ahead of 36 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryLending ratevs Peru
41 Belarus10.95 %−1.65 pp
42 Namibia10.96 %−1.64 pp
43 Peru12.60 %—
44 Guatemala12.85 %+0.25 pp
45 Haiti13.01 %+0.41 pp

Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.

How to read this figure

The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.

Next, about Peru

Deposit rateInflation rate
Lending rate, all countries ranked →Compare Peru with another country →Everything about Peru →
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