The benchmark interest rate in Zimbabwe was last recorded at 35 percent. This dataset provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Zimbabwe ZW: Real Interest Rate data was reported at 5.728 % pa in 2016. This records a decrease from the previous number of 7.576 % pa for 2015. Zimbabwe ZW: Real Interest Rate data is updated yearly, averaging 34.675 % pa from Dec 1980 (Median) to 2016, with 32 observations. The data reached an all-time high of 572.936 % pa in 2007 and a record low of 4.257 % pa in 1980. Zimbabwe ZW: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Zimbabwe: Interest rates on bank credit to the private sector: The latest value from 2023 is 170.29 percent, an increase from 131.81 percent in 2022. In comparison, the world average is 14.12 percent, based on data from 88 countries. Historically, the average for Zimbabwe from 2012 to 2023 is 38.11 percent. The minimum value, 6.91 percent, was reached in 2017 while the maximum of 170.29 percent was recorded in 2023.

Deposit Interest Rate in Zimbabwe increased to 10.79 percent in September from 10.48 percent in August of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Zimbabwe.

Daily dataset of the Zimbabwe Interest Rate, including historical data, latest releases, and long-term trends from 2019-02-28 to 2025-07-31. Available for free download in CSV format.

Zimbabwe ZW: Lending Interest Rate data was reported at 7.113 % pa in 2016. This records a decrease from the previous number of 8.542 % pa for 2015. Zimbabwe ZW: Lending Interest Rate data is updated yearly, averaging 23.042 % pa from Dec 1980 (Median) to 2016, with 32 observations. The data reached an all-time high of 578.958 % pa in 2007 and a record low of 7.113 % pa in 2016. Zimbabwe ZW: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Interest Rates. 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.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Zimbabwe ZW: Interest Rate Spread data was reported at 3.022 % pa in 2016. This records an increase from the previous number of 1.837 % pa for 2015. Zimbabwe ZW: Interest Rate Spread data is updated yearly, averaging 11.471 % pa from Dec 1980 (Median) to 2016, with 30 observations. The data reached an all-time high of 457.458 % pa in 2007 and a record low of -8.854 % pa in 1992. Zimbabwe ZW: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

Monthly and long-term Zimbabwe Policy Interest Rate (%, eop) data: historical series and analyst forecasts curated by FocusEconomics.

Zimbabwe ZW: Deposit Interest Rate data was reported at 4.091 % pa in 2016. This records a decrease from the previous number of 6.705 % pa for 2015. Zimbabwe ZW: Deposit Interest Rate data is updated yearly, averaging 16.417 % pa from Dec 1980 (Median) to 2016, with 30 observations. The data reached an all-time high of 203.375 % pa in 2006 and a record low of 3.521 % pa in 1980. Zimbabwe ZW: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Actual value and historical data chart for Zimbabwe Real Interest Rate Percent

Actual value and historical data chart for Zimbabwe Lending Interest Rate Percent

Actual value and historical data chart for Zimbabwe Interest Rate Spread Lending Rate Minus Deposit Rate Percent

The average for 2023 based on 88 countries was 14.12 percent. The highest value was in Zimbabwe: 170.29 percent and the lowest value was in Switzerland: 2.86 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Actual value and historical data chart for Zimbabwe Deposit Interest Rate Percent

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

Zimbabwe ZW: External Debt: DOD: Stocks: Variable Rate data was reported at 2.617 USD bn in 2016. This records an increase from the previous number of 2.572 USD bn for 2015. Zimbabwe ZW: External Debt: DOD: Stocks: Variable Rate data is updated yearly, averaging 553.108 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 2.617 USD bn in 2016 and a record low of 0.000 USD mn in 1977. Zimbabwe ZW: External Debt: DOD: Stocks: Variable Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Variable interest rate is long-term external debt with interest rates that float with movements in a key market rate; for example, the London interbank offered rate (LIBOR) or the U.S. prime rate. This item conveys information about the borrower's exposure to changes in international interest rates. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Lending Rate in Zimbabwe decreased to 46.22 percent in September from 46.34 percent in August of 2025. This dataset provides - Zimbabwe Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Official data was reported at 0.750 % in 2017. This records an increase from the previous number of 0.000 % for 2016. Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Official data is updated yearly, averaging 2.870 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 8.258 % in 1983 and a record low of 0.000 % in 2016. Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Private data was reported at 0.000 % in 2017. This stayed constant from the previous number of 0.000 % for 2016. Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Private data is updated yearly, averaging 5.578 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 17.166 % in 1980 and a record low of 0.000 % in 2017. Zimbabwe ZW: External Debt: Average Interest on New External Debt Commitments: Private data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.; ; World Bank, International Debt Statistics.; Weighted average;

At the end of 2024, Zimbabwe had the highest inflation rate in the world, at 736.11 percent change compared to the previous year. Inflation in industrialized and in emerging countries Higher inflation rates are more present in less developed economies, as they often lack a sufficient central banking system, which in turn results in the manipulation of currency to achieve short term economic goals. Thus, interest rates increase while the general economic situation remains constant. In more developed economies and in the prime emerging markets, the inflation rate does not fluctuate as sporadically. Additionally, the majority of countries that maintained the lowest inflation rate compared to previous years are primarily oil producers or small island independent states. These countries experienced deflation, which occurs when the inflation rate falls below zero; this may happen for a variety of factors, such as a shift in supply or demand of goods and services, or an outflow of capital.