Lending Interest Rates Statistics in Zimbabwe (2026)
As of 2024, the average lending interest rate in Zimbabwe was 68.9%, per World Bank World Development Indicators data. Down from 170.3% in 2023 to 68.9% in 2024 (−101.4 percentage points). Zimbabwe ranks #27 of 27 economies in Sub-Saharan Africa on this measure, and #112 of 112 globally.
Key Statistics
- Latest value (2024)
- 68.9% (2024)
- Lending Interest Rates in Zimbabwe as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −101.4 pp (2024)
- Down from 170.3% in 2023 to 68.9% in 2024 (−101.4 percentage points).
- Earliest value in this dataset (2012)
- 11.6% (2012)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 11.6% in 2012 to 68.9% in 2024.
- Peak value (2023)
- 170.3% (2023)
- Highest value in the available series; the 2024 value is 68.9%.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #27 of 27 (2024)
- Zimbabwe ranks 27 of 27 countries in Sub-Saharan Africa 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)
- #112 of 112 (2024)
- Zimbabwe ranks 112 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 18.1% (2024)
- Zimbabwe (68.9%) is above the average of 18.1% across the 27 countries in Sub-Saharan Africa with data.
- Internet use in Zimbabwe (2024)
- 41.6% (2024)
- 41.6% of the population in Zimbabwe used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 16.6 million (2024)
- Zimbabwe had a population of 16.6 million in 2024 (World Bank); shown for scale only.
Trend, 2012–2024
| Year | % | Change |
|---|---|---|
| 2024 | 68.9% | −101.4 pp |
| 2023 | 170.3% | +38.5 pp |
| 2022 | 131.8% | +86.3 pp |
| 2021 | 45.5% | +12.5 pp |
| 2020 | 33% | +16.8 pp |
| 2019 | 16.2% | +9.1 pp |
| 2018 | 7.1% | +0.2 pp |
| 2017 | 6.9% | −0.2 pp |
| 2016 | 7.1% | −1.4 pp |
| 2015 | 8.5% | −0.9 pp |
| 2014 | 9.5% | −0.3 pp |
| 2013 | 9.7% | −1.9 pp |
| 2012 | 11.6% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Zimbabwe?
The average lending interest rate in Zimbabwe stood at 68.9% in 2024, according to World Bank World Development Indicators data.
How has lending interest rates in Zimbabwe changed over time?
World Bank World Development Indicators data show a rise from 11.6% in 2012 to 68.9% in 2024.
How does Zimbabwe compare with other countries in Sub-Saharan Africa?
Zimbabwe ranks 27 of 27 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 68.9% versus a regional average of 18.1% (latest values per country).
Where does Zimbabwe rank globally on lending interest rates?
Zimbabwe ranks 112 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
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 .