# Lending Interest Rate (%)
- **The lending interest rate (%)** is an **important economic indicator** that measures the **cost of borrowing money**.
- It represents the **percentage** that **banks and financial institutions** charge customers on the **total loan amount** to obtain loans.
- The graph shows **lending interest rates in Egypt** over a **23-year period from 2000 to 2022**.
- During this period, **Egypt experienced high lending interest rates**.
- The **highest lending interest rate** in Egypt was **18.32% in 2018**, which decreased to **10.58% by 2022**.