Chile: Lending interest rate (%)

Key figures

What the numbers say

In 2018, Chile's lending interest rate (%) fell 0.37 percentage points on 2017 (from 4.55% to 4.18%).

Across the 30 yearly changes before that (1988 to 2017), the average change was −0.94 percentage points and a typical year strayed about 6.31 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 14.8 percentage points in 1989 and the biggest yearly fall was 20.29 percentage points in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2009 to 2018 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Chile in the 2018 ranking

• Uganda — 1st of 3: 19.85%
• Kosovo — 2nd of 3: 6.65%

What this measures

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.

All 34 values

Lending interest rate (%) in nearby economies

• Antigua and Barbuda — 6.39% (2025)
• Argentina — 46.02% (2025)
• Aruba — 5.8% (2023)
• Bahamas, The — 4.25% (2025)
• Barbados — 8.05% (2022)
• Belize — 8.48% (2025)
• Bolivia — 10.19% (2025)
• Brazil — 45.33% (2025)
• Colombia — 14.31% (2025)
• Costa Rica — 6.88% (2025)
• Dominica — 5.77% (2025)
• Dominican Republic

More financial sector data for Chile

• Domestic credit to private sector by banks (% of GDP) — 70.1% (2025)
• Net domestic credit (current LCU) — 279.46 trillion (2025)
• Net foreign assets (current LCU) — 29.13 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 70.1% (2025)
• Broad money (current LCU) — 235.98 trillion (2025)
• Broad money (% of GDP) — 69.41% (2025)
• Broad money to total reserves ratio — 5.02 (2025)
• Claims on central government, etc. (% of GDP) — 22.74% (2025)
• GDP deflator (base year varies by country) — 157.66 (2025)
• DEC alternative conversion factor (LCU per US$)

Reading data like this

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Questions people ask

What is Chile's lending interest rate (%)?

4.18% in 2018, according to the World Bank (World Development Indicators).

How has it changed since 1985?

It is down 35.79 percentage points from 39.97% in 1985. The highest value was 48.87% in 1990 and the lowest 4.18% in 2018.

Is the latest change in lending interest rate (%) unusual for Chile?

In 2018, Chile's lending interest rate (%) fell 0.37 percentage points on 2017 (from 4.55% to 4.18%). Across the 30 yearly changes before that (1988 to 2017), the average change was −0.94 percentage points and a typical year strayed about 6.31 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FR.INR.LEND, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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