Bank Lending Rate in Kuwait increased to 4.84 percent in the second quarter of 2019 from 4.83 percent in the first quarter of 2019. Bank Lending Rate in Kuwait averaged 6.91 percent from 1987 until 2019, reaching an all time high of 9.10 percent in the fourth quarter of 2000 and a record low of 4.34 percent in the third quarter of 2015.

Bank Lending Rate in Kuwait is expected to be 5.09 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 Kuwait to stand at 5.09 in 12 months time. In the long-term, the Kuwait Bank Lending Rate is projected to trend around 5.09 percent in 2020, according to our econometric models.

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Kuwait Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.84 4.83 9.10 4.34 1987 - 2019 percent Quarterly


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.

Kuwait Consumer Last Previous Highest Lowest Unit
Consumer Spending 15760.50 15169.20 15760.50 198.00 KWD Million [+]
Bank Lending Rate 4.84 4.83 9.10 4.34 percent [+]
Gasoline Prices 0.28 0.28 0.28 0.17 USD/Liter [+]