Bank Lending Rate in Jordan decreased to 8.37 percent in May from 8.95 percent in April of 2020.

Bank Lending Rate in Jordan averaged 8.22 percent from 2000 until 2020, reaching an all time high of 10.50 percent in March of 2000 and a record low of 6 percent in January of 2004. This page provides - Jordan Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Jordan Prime Lending Rate - values, historical data and charts - was last updated on August of 2020.

Bank Lending Rate in Jordan is expected to be 9.84 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Jordan to stand at 10.03 in 12 months time. In the long-term, the Jordan Prime Lending Rate is projected to trend around 10.31 percent in 2021 and 10.49 percent in 2022, according to our econometric models.

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Jordan Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.37 8.95 10.50 6.00 2000 - 2020 percent Monthly

Jordan Consumer Last Previous Highest Lowest Unit
Bank Lending Rate 8.37 8.95 10.50 6.00 percent [+]

Jordan Prime Lending Rate
In Jordan, the bank lending rate represents the minimum prime lending rate for credit extended by licenced banks.