* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector, 2022:

The average for 2022 based on 88 countries was 11.72 percent. The highest value was in Zimbabwe: 131.81 percent and the lowest value was in Italy: 2.26 percent. The indicator is available from 1960 to 2022. 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, 2022 Global rank Available data
Zimbabwe 131.81 1 2012 - 2022
Argentina 52.4 2 2010 - 2022
Madagascar 48.83 3 1989 - 2022
Brazil 39.4 4 1997 - 2022
Malawi 25.35 5 1979 - 2022
Uzbekistan 21.75 6 2013 - 2022
Mozambique 20.13 7 1997 - 2022
Angola 20.12 8 1995 - 2022
Kyrgyzstan 18.66 9 1996 - 2022
Ukraine 18.61 10 1992 - 2022
Rwanda 16.39 11 1996 - 2022
Colombia 15.81 12 1986 - 2022
Suriname 14.75 13 1990 - 2022
Honduras 14.61 14 1982 - 2022
Azerbaijan 14.59 15 1998 - 2022
Bhutan 14 16 1982 - 2022
Georgia 13.66 17 2003 - 2022
Belarus 12.72 18 1992 - 2022
Peru 12.6 19 1985 - 2022
Nigeria 12.33 20 1970 - 2022
Guatemala 11.92 21 1997 - 2022
Domin. Rep. 11.85 22 1991 - 2022
Moldova 11.8 23 1995 - 2022
Burundi 11.77 24 1978 - 2022
Armenia 11.72 25 1995 - 2022
Russia 11.46 26 1997 - 2022
Jamaica 11.4 27 1976 - 2022
Maldives 10.93 28 1995 - 2022
Uruguay 10.87 29 1976 - 2022
Hungary 10.66 30 1988 - 2022
Egypt 10.58 31 1976 - 2022
Nicaragua 9.23 32 1988 - 2022
Seychelles 9.1 33 1989 - 2022
Lesotho 8.98 34 1980 - 2022
Vanuatu 8.81 35 2013 - 2022
South Africa 8.79 36 1960 - 2022
Namibia 8.61 37 1991 - 2022
India 8.57 38 1978 - 2022
Belize 8.52 39 1982 - 2022
Indonesia 8.52 40 1986 - 2022
Swaziland 8.5 41 1975 - 2022
Guyana 8.42 42 1981 - 2022
Samoa 8.29 43 2001 - 2022
Mexico 8.18 44 1993 - 2022
Barbados 8.05 45 1981 - 2022
Comoros 8.03 46 1999 - 2022
Vietnam 8.01 47 1993 - 2022
Algeria 8 48 1995 - 2022
Papua N.G. 7.99 49 1983 - 2022
Tonga 7.86 50 2012 - 2022
Cape Verde 7.83 51 2006 - 2022
Bolivia 7.76 52 1987 - 2022
Romania 7.76 53 1993 - 2022
Iceland 7.6 54 1982 - 2022
Mauritius 7.5 55 1980 - 2022
Tr.&Tobago 7.49 56 1979 - 2022
St. Vincent & ... 7.39 57 1980 - 2022
Jordan 7.37 58 1997 - 2022
Costa Rica 7.36 59 1982 - 2022
Ant.& Barb. 7.31 60 1982 - 2022
Bangladesh 7.12 61 1976 - 2022
Panama 6.91 62 1996 - 2022
Dominica 6.54 63 1982 - 2022
Albania 6.51 64 1986 - 2022
Saint Lucia 6.51 65 1981 - 2022
Grenada 6.44 66 1982 - 2022
Botswana 6.13 67 1980 - 2022
Montenegro 5.64 68 2005 - 2022
Brunei 5.5 69 1998 - 2022
Fiji 5.43 70 1992 - 2022
Macao 5.34 71 1986 - 2022
Hong Kong 5.1 72 1990 - 2022
North Macedonia 4.63 73 2005 - 2022
Qatar 4.56 74 1979 - 2022
China 4.35 75 1980 - 2022
South Korea 4.29 76 1996 - 2022
Bahamas 4.25 77 1976 - 2022
Czechia 4.23 78 1993 - 2022
Kuwait 3.91 79 1979 - 2022
Malaysia 3.91 80 1969 - 2022
San Marino 3.8 81 2001 - 2022
Bulgaria 3.75 82 1992 - 2022
Bosnia & Herz. 3.36 83 2002 - 2022
Norway 3.24 84 2013 - 2022
Thailand 3.14 85 1976 - 2022
Israel 2.96 86 2013 - 2022
Switzerland 2.65 87 2008 - 2022
Italy 2.26 88 1989 - 2022



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.
131.81
52.40
48.83
39.40
25.35
21.75
20.13
20.12
18.66
18.61
16.39
15.81
14.75
14.61
14.59
14.00
13.66
12.72
12.60
12.33
11.92
11.85
11.80
11.77
11.72
11.46
11.40
10.93
10.87
10.66
10.58
9.23
9.10
8.98
8.81
8.79
8.61
8.57
8.52
8.52
8.50
8.42
8.29
8.18
8.05
8.03
8.01
8.00
7.99
7.86
7.83
7.76
7.76
7.60
7.50
7.49
7.39
7.37
7.36
7.31
7.12
6.91
6.54
6.51
6.51
6.44
6.13
5.64
5.50
5.43
5.34
5.10
4.63
4.56
4.35
4.29
4.25
4.23
3.91
3.91
3.80
3.75
3.36
3.24
3.14
2.96
2.65
2.26
0
33
65.9
98.9
131.81
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