Lending Interest Rate (%) in Egypt

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.