Zimbabwe - Interest rate spread

97.09 (%) in 2022

In 2022, interest rate spread for Zimbabwe was 97.09 %. Interest rate spread of Zimbabwe increased from 3.02 % in 2016 to 97.09 % in 2022 growing at an average annual rate of 90.08%.

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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 Zimbabwe interest rate spread?