Lending Interest Rates Statistics in Colombia (2026)
According to World Bank World Development Indicators data, the average lending interest rate in Colombia came to 16.4% in 2024. Down from 21% in 2023 to 16.4% in 2024 (−4.7 percentage points). Colombia ranks #27 of 29 economies in Latin America & Caribbean on this measure, and #94 of 112 globally.
Key Statistics
- Latest value (2024)
- 16.4% (2024)
- Lending Interest Rates in Colombia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −4.7 pp (2024)
- Down from 21% in 2023 to 16.4% in 2024 (−4.7 percentage points).
- Earliest value in this dataset (1990)
- 44.6% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 44.6% in 1990 to 16.4% in 2024.
- Peak value (1991)
- 46.4% (1991)
- Highest value in the available series; the 2024 value is 16.4%.
- Rank in Latin America & Caribbean (lower is better; rank 1 = lowest)
- #27 of 29 (2024)
- Colombia ranks 27 of 29 countries in Latin America & Caribbean with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #94 of 112 (2024)
- Colombia ranks 94 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Latin America & Caribbean average
- 12.6% (2024)
- Colombia (16.4%) is above the average of 12.6% across the 29 countries in Latin America & Caribbean with data.
- Internet use in Colombia (2024)
- 79.3% (2024)
- 79.3% of the population in Colombia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 52.9 million (2024)
- Colombia had a population of 52.9 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 16.4% | −4.7 pp |
| 2023 | 21% | +5.2 pp |
| 2022 | 15.8% | +6.5 pp |
| 2021 | 9.3% | −0.5 pp |
| 2020 | 9.9% | −1.9 pp |
| 2019 | 11.8% | −0.3 pp |
| 2018 | 12.1% | −1.6 pp |
| 2017 | 13.7% | −1.0 pp |
| 2016 | 14.6% | +3.2 pp |
| 2015 | 11.4% | +0.6 pp |
| 2014 | 10.9% | −0.1 pp |
| 2013 | 11% | −1.6 pp |
| 2012 | 12.6% | +1.4 pp |
| 2011 | 11.2% | +1.8 pp |
| 2010 | 9.4% | −3.6 pp |
| 2009 | 13% | −4.2 pp |
| 2008 | 17.2% | +1.8 pp |
| 2007 | 15.4% | +2.5 pp |
| 2006 | 12.9% | −1.7 pp |
| 2005 | 14.6% | −0.5 pp |
| 2004 | 15.1% | −0.1 pp |
| 2003 | 15.2% | −1.1 pp |
| 2002 | 16.3% | −4.4 pp |
| 2001 | 20.7% | +1.9 pp |
| 2000 | 18.8% | −10.6 pp |
| 1999 | 29.4% | −12.2 pp |
| 1998 | 41.6% | +7.9 pp |
| 1997 | 33.7% | −7.7 pp |
| 1996 | 41.4% | −0.7 pp |
| 1995 | 42.1% | +2.2 pp |
| 1994 | 39.9% | +4.6 pp |
| 1993 | 35.3% | −1.4 pp |
| 1992 | 36.7% | −9.7 pp |
| 1991 | 46.4% | +1.9 pp |
| 1990 | 44.6% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Colombia?
The average lending interest rate in Colombia stood at 16.4% in 2024, according to World Bank World Development Indicators data.
How does Colombia compare with other countries in Latin America & Caribbean?
Colombia ranks 27 of 29 countries in Latin America & Caribbean with data (ranked ascending; lower is better), with 16.4% versus a regional average of 12.6% (latest values per country).
Where does Colombia rank globally on lending interest rates?
Colombia ranks 94 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did lending interest rates in Colombia peak?
The highest value in the available series was 46.4% in 1991; the latest (2024) value is 16.4%.
How recent is the lending interest rates data for Colombia?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Colombia.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .