COUNTRY / INDICATOR
Micronesia, Fed. Sts. Lending Interest Rate
Micronesia, Fed. Sts. lending interest rate: latest available value for 2021, historical series from 2016, ranking context and source documentation.
Series overview
FR.INR.LEND| Year | Value | Change |
|---|---|---|
| 2021 | 12,62 | -1,85 |
| 2020 | 14,47 | -0,23 |
| 2019 | 14,70 | -1,00 |
| 2018 | 15,70 | -0,40 |
| 2017 | 16,10 | 0,40 |
| 2016 | 15,70 | — |
Source methodology
World Development IndicatorsIndicator note: 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.
Source organization: International Financial Statistics database, International Monetary Fund (IMF)
Metadata fetched: 2026-08-01 01:32:54. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesMicronesia, Fed. Sts. recorded 12,62 percent in 2021, the latest year available in this series.
Compared with 2020, the lending interest rate decreased by 1,85.
Across the latest five-year comparison window, the series shows an downward direction.
Across 6 observations from 2016 to 2021, the average was 14,88; the minimum was 12,62 in 2021 and the maximum was 16,10 in 2017.
Micronesia, Fed. Sts. ranks 96 out of 135 countries with a current value in the portal ranking.
The latest value is above the available average for East Asia & Pacific.
It is also above the available average for the Upper middle income group.
Cost of borrowing from financial institutions.