Bank Lending Rate in Kuwait increased to 4.02 percent in the third quarter of 2022 from 3.74 percent in the second quarter of 2022. source: Central Bank of Kuwait

Bank Lending Rate in Kuwait averaged 6.64 percent from 1987 until 2022, reaching an all time high of 9.10 percent in the fourth quarter of 2000 and a record low of 3.60 percent in the first quarter of 2022. This page provides - Kuwait Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Bank Lending Rate - values, historical data and charts - was last updated on March of 2023.

Bank Lending Rate in Kuwait is expected to be 4.02 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Bank Lending Rate is projected to trend around 3.27 percent in 2024 and 2.27 percent in 2025, according to our econometric models.

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Kuwait Bank Lending Rate

Related Last Previous Unit Reference
Consumer Spending 17100.40 16593.30 KWD Million Dec 2019
Bank Lending Rate 4.02 3.74 percent Sep 2022

Kuwait Bank Lending Rate
In Kuwait, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
4.02 3.74 9.10 3.60 1987 - 2022 percent Quarterly