Iraq - Interest rate spread

7.58 (%) in 2016

In 2016, interest rate spread for Iraq was 7.58 %. Interest rate spread of Iraq fell gradually from 8.35 % in 2007 to 7.58 % in 2016.

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What is interest rate spread?

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.

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What is Iraq interest rate spread?