Lending interest rate - Country rankings

* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector, 2023:

The average for 2023 based on 88 countries was 14.15 percent. The highest value was in Zimbabwe: 170.29 percent and the lowest value was in Switzerland: 2.86 percent. The indicator is available from 1960 to 2025. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Lending interest rate, 2023 Global rank Available data
Zimbabwe 170.29 1 2012 - 2025
Argentina 95.89 2 2010 - 2025
Madagascar 53.58 3 1989 - 2025
Brazil 43.6 4 1997 - 2025
Malawi 33.55 5 1979 - 2024
Mozambique 23.7 6 1997 - 2025
Uzbekistan 22.15 7 2013 - 2024
Ukraine 22.11 8 1992 - 2025
Colombia 21.03 9 1986 - 2025
Gambia 20.75 10 1985 - 2025
Sierra Leone 19.64 11 1965 - 2025
Kyrgyzstan 19.11 12 1996 - 2024
S.T.&Principe 17.81 13 2001 - 2024
Egypt 17.76 14 1976 - 2024
Angola 16.92 15 1995 - 2025
Rwanda 16.06 16 1996 - 2024
Georgia 16.01 17 2003 - 2025
Hungary 15.3 18 1988 - 2025
Domin. Rep. 14.43 19 1991 - 2024
Honduras 14.4 20 1982 - 2025
Haiti 14.21 21 1994 - 2025
Suriname 14.17 22 1990 - 2025
Nigeria 14.01 23 1970 - 2023
Azerbaijan 13.96 24 1998 - 2025
Kenya 13.59 25 1971 - 2024
Armenia 12.39 26 1995 - 2025
Moldova 12.33 27 1995 - 2025
Bhutan 12.27 28 1982 - 2025
Guatemala 11.96 29 1997 - 2025
Uruguay 11.9 30 1976 - 2025
Maldives 11.68 31 1995 - 2025
Jamaica 11.65 32 1976 - 2025
Russia 11.62 33 1997 - 2024
Mexico 11.59 34 1993 - 2025
Iceland 11.53 35 1982 - 2025
South Africa 11.5 36 1960 - 2025
Burundi 11.23 37 1978 - 2025
Lesotho 11.08 38 1980 - 2024
Namibia 10.93 39 1991 - 2024
Swaziland 10.83 40 1975 - 2024
Belarus 9.96 41 1992 - 2025
Seychelles 9.53 42 1989 - 2025
Mauritius 9.5 43 1980 - 2025
Nicaragua 9.48 44 1988 - 2025
Romania 9.32 45 1993 - 2025
Vietnam 9.32 46 1993 - 2023
Costa Rica 9.1 47 1982 - 2025
Jordan 8.98 48 1997 - 2025
Vanuatu 8.94 49 2013 - 2025
Indonesia 8.93 50 1986 - 2025
Bolivia 8.69 51 1987 - 2025
Belize 8.44 52 1982 - 2025
Guyana 8.38 53 1981 - 2025
Papua N.G. 8.38 54 1983 - 2024
Samoa 8.32 55 2001 - 2025
Algeria 8 56 1995 - 2025
Tonga 7.74 57 2012 - 2025
Bangladesh 7.57 58 1976 - 2025
Cape Verde 7.53 59 2006 - 2025
Tr.&Tobago 7.52 60 1979 - 2024
St. Vincent & ... 7.16 61 1980 - 2025
Grenada 6.93 62 1982 - 2025
Botswana 6.74 63 1980 - 2024
Ant.& Barb. 6.71 64 1982 - 2025
Qatar 6.45 65 1979 - 2025
Saint Lucia 6.4 66 1981 - 2025
Albania 6.35 67 1986 - 2024
Montenegro 6.34 68 2005 - 2025
Macao 6.01 69 1986 - 2025
Dominica 5.94 70 1982 - 2025
Aruba 5.8 71 1986 - 2023
Hong Kong 5.77 72 1990 - 2025
San Marino 5.63 73 2001 - 2025
Brunei 5.5 74 1998 - 2025
North Macedonia 5.44 75 2005 - 2025
Malaysia 5.32 76 1969 - 2025
Norway 5.31 77 2013 - 2025
South Korea 5.19 78 1996 - 2025
Fiji 4.97 79 1992 - 2024
Kuwait 4.93 80 1979 - 2025
Italy 4.89 81 1989 - 2025
Czechia 4.68 82 1993 - 2025
Bulgaria 4.43 83 1992 - 2025
China 4.35 84 1980 - 2024
Thailand 4.29 85 1976 - 2025
Bahamas 4.25 86 1976 - 2025
Bosnia & Herz. 4.11 87 2002 - 2025
Switzerland 2.86 88 2008 - 2024


New - World map: Lending interest rate




Definition: 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.

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All articles

1. Zimbabwe
2. Argentina
3. Madagascar
4. Brazil
5. Malawi
6. Mozambique
7. Uzbekistan
8. Ukraine
9. Colombia
10. Gambia
11. Sierra Leone
12. Kyrgyzstan
13. S.T.&Principe
14. Egypt
15. Angola
16. Rwanda
17. Georgia
18. Hungary
19. Domin. Rep.
20. Honduras
21. Haiti
22. Suriname
23. Nigeria
24. Azerbaijan
25. Kenya
26. Armenia
27. Moldova
28. Bhutan
29. Guatemala
30. Uruguay
31. Maldives
32. Jamaica
33. Russia
34. Mexico
35. Iceland
36. South Africa
37. Burundi
38. Lesotho
39. Namibia
40. Swaziland
41. Belarus
42. Seychelles
43. Mauritius
44. Nicaragua
45. Romania
46. Vietnam
47. Costa Rica
48. Jordan
49. Vanuatu
50. Indonesia
51. Bolivia
52. Belize
53. Guyana
54. Papua N.G.
55. Samoa
56. Algeria
57. Tonga
58. Bangladesh
59. Cape Verde
60. Tr.&Tobago
61. St. Vincent & ...
62. Grenada
63. Botswana
64. Ant.& Barb.
65. Qatar
66. Saint Lucia
67. Albania
68. Montenegro
69. Macao
70. Dominica
71. Aruba
72. Hong Kong
73. San Marino
74. Brunei
75. North Macedonia
76. Malaysia
77. Norway
78. South Korea
79. Fiji
80. Kuwait
81. Italy
82. Czechia
83. Bulgaria
84. China
85. Thailand
86. Bahamas
87. Bosnia & Herz.
88. Switzerland
170.29
95.89
53.58
43.60
33.55
23.70
22.15
22.11
21.03
20.75
19.64
19.11
17.81
17.76
16.92
16.06
16.01
15.30
14.43
14.40
14.21
14.17
14.01
13.96
13.59
12.39
12.33
12.27
11.96
11.90
11.68
11.65
11.62
11.59
11.53
11.50
11.23
11.08
10.93
10.83
9.96
9.53
9.50
9.48
9.32
9.32
9.10
8.98
8.94
8.93
8.69
8.44
8.38
8.38
8.32
8.00
7.74
7.57
7.53
7.52
7.16
6.93
6.74
6.71
6.45
6.40
6.35
6.34
6.01
5.94
5.80
5.77
5.63
5.50
5.44
5.32
5.31
5.19
4.97
4.93
4.89
4.68
4.43
4.35
4.29
4.25
4.11
2.86
0
42.6
85.1
127.7
170.29


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