Lending-deposit interest rate spread - Country rankings

* indicates monthly or quarterly data series

Bank lending-deposit interest rate spread , 2020:

The average for 2020 based on 93 countries was 6.59 interest rate points. The highest value was in Madagascar: 35.68 interest rate points and the lowest value was in Argentina: 0.07 interest rate points. The indicator is available from 1980 to 2020. Below is a chart for all countries where data are available.

Measure: interest rate points; Source: The International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Lending-deposit interest rate spread, 2020 Global rank Available data
Madagascar 35.68 1 1989 - 2020
Brazil 26.85 2 1997 - 2020
Gambia 21.16 3 1985 - 2020
DR Congo 19.76 4 2007 - 2020
S.T.&Principe 15.85 5 2001 - 2020
Kyrgyzstan 15.67 6 1996 - 2020
Micronesia 14.4 7 1995 - 2020
Angola 13.45 8 1995 - 2020
Sierra Leone 12.3 9 1980 - 2020
Peru 11.08 10 1992 - 2020
Bhutan 11 11 1982 - 2020
Mozambique 10.28 12 1997 - 2020
Solomon Isl. 10.19 13 2010 - 2020
Tanzania 10 14 1992 - 2020
Jamaica 9.6 15 1980 - 2020
Nicaragua 9.03 16 1991 - 2020
Burma 9 17 1994 - 2020
Nigeria 9 18 1980 - 2020
Honduras 8.88 19 1985 - 2020
Rwanda 8.7 20 1996 - 2020
Guyana 8.62 21 1981 - 2020
Azerbaijan 8.49 22 1998 - 2020
Ukraine 8.21 23 1992 - 2020
Seychelles 8.13 24 1989 - 2020
Barbados 7.9 25 1981 - 2020
Guatemala 7.9 26 1997 - 2020
Maldives 7.88 27 1995 - 2020
Cape Verde 7.31 28 2006 - 2020
Lesotho 7.06 29 1980 - 2020
Suriname 6.86 30 1990 - 2020
Mongolia 6.67 31 1998 - 2020
Belize 6.55 32 1983 - 2020
Colombia 6.47 33 1986 - 2020
Uruguay 6.44 34 1990 - 2020
Comoros 6.34 35 1999 - 2020
St. Vincent & ... 6.26 36 1982 - 2020
Algeria 6.25 37 1995 - 2020
Ant.& Barb. 6.17 38 1982 - 2020
Samoa 6.04 39 2001 - 2020
Uzbekistan 6.03 40 2013 - 2020
Tonga 5.76 41 2012 - 2020
Albania 5.71 42 1992 - 2020
Grenada 5.67 43 1982 - 2020
Saint Lucia 5.6 44 1981 - 2020
Aruba 5.5 45 1986 - 2020
Mauritius 5.5 46 1980 - 2020
Swaziland 5.49 47 1980 - 2020
Brunei 5.27 48 2003 - 2020
Dominica 5.09 49 1982 - 2020
Singapore 5.07 50 1980 - 2020
Tr.&Tobago 5.06 51 1985 - 2020
Macao 5.05 52 1986 - 2020
Kenya 5.03 53 1980 - 2020
Panama 4.96 54 1996 - 2020
Hong Kong 4.94 55 1994 - 2020
Mexico 4.88 56 1993 - 2020
Romania 4.56 57 1993 - 2020
Moldova 4.35 58 1995 - 2020
Bulgaria 4.32 59 2000 - 2020
Botswana 4.19 60 1980 - 2020
Bolivia 4.05 61 1987 - 2020
Costa Rica 4.05 62 1982 - 2020
Indonesia 4.04 63 1990 - 2020
Bahamas 3.8 64 1985 - 2020
North Macedonia 3.72 65 2005 - 2020
Egypt 3.58 66 1980 - 2020
Namibia 3.56 67 1991 - 2020
Vietnam 3.53 68 1993 - 2020
Armenia 3.5 69 1995 - 2020
Jordan 3.41 70 1997 - 2020
Pakistan 3.28 71 2004 - 2020
Czechia 3.04 72 1993 - 2020
Switzerland 3.02 73 2008 - 2020
Russia 3.01 74 1997 - 2020
China 2.85 75 1982 - 2020
South Africa 2.83 76 2008 - 2020
Israel 2.81 77 2013 - 2020
Thailand 2.67 78 1980 - 2020
Kuwait 2.52 79 1980 - 2020
Fiji 2.49 80 1992 - 2020
Belarus 2.42 81 1993 - 2020
Bosnia & Herz. 2.28 82 2002 - 2020
Bangladesh 2.23 83 1980 - 2020
Norway 2.1 84 2013 - 2020
Malaysia 1.99 85 1980 - 2020
Vanuatu 1.88 86 1981 - 2020
South Korea 1.64 87 1996 - 2020
Georgia 1.58 88 2003 - 2020
Qatar 1.57 89 1980 - 2020
Hungary 1.49 90 1990 - 2020
Oman 1.43 91 1984 - 2020
Zambia 0.76 92 1980 - 2020
Argentina 0.07 93 2010 - 2020



Definition: Difference between the lending rate and the deposit rate. The lending rate is the rate charged by banks on loans to the private sector and the deposit interest rate is the rate offered by commercial banks on three-month deposits.

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1. Madagascar
2. Brazil
3. Gambia
4. DR Congo
5. S.T.&Principe
6. Kyrgyzstan
7. Micronesia
8. Angola
9. Sierra Leone
10. Peru
11. Bhutan
12. Mozambique
13. Solomon Isl.
14. Tanzania
15. Jamaica
16. Nicaragua
17. Burma
18. Nigeria
19. Honduras
20. Rwanda
21. Guyana
22. Azerbaijan
23. Ukraine
24. Seychelles
25. Barbados
26. Guatemala
27. Maldives
28. Cape Verde
29. Lesotho
30. Suriname
31. Mongolia
32. Belize
33. Colombia
34. Uruguay
35. Comoros
36. St. Vincent & ...
37. Algeria
38. Ant.& Barb.
39. Samoa
40. Uzbekistan
41. Tonga
42. Albania
43. Grenada
44. Saint Lucia
45. Aruba
46. Mauritius
47. Swaziland
48. Brunei
49. Dominica
50. Singapore
51. Tr.&Tobago
52. Macao
53. Kenya
54. Panama
55. Hong Kong
56. Mexico
57. Romania
58. Moldova
59. Bulgaria
60. Botswana
61. Bolivia
62. Costa Rica
63. Indonesia
64. Bahamas
65. North Macedonia
66. Egypt
67. Namibia
68. Vietnam
69. Armenia
70. Jordan
71. Pakistan
72. Czechia
73. Switzerland
74. Russia
75. China
76. South Africa
77. Israel
78. Thailand
79. Kuwait
80. Fiji
81. Belarus
82. Bosnia & Herz.
83. Bangladesh
84. Norway
85. Malaysia
86. Vanuatu
87. South Korea
88. Georgia
89. Qatar
90. Hungary
91. Oman
92. Zambia
93. Argentina
35.68
26.85
21.16
19.76
15.85
15.67
14.40
13.45
12.30
11.08
11.00
10.28
10.19
10.00
9.60
9.03
9.00
9.00
8.88
8.70
8.62
8.49
8.21
8.13
7.90
7.90
7.88
7.31
7.06
6.86
6.67
6.55
6.47
6.44
6.34
6.26
6.25
6.17
6.04
6.03
5.76
5.71
5.67
5.60
5.50
5.50
5.49
5.27
5.09
5.07
5.06
5.05
5.03
4.96
4.94
4.88
4.56
4.35
4.32
4.19
4.05
4.05
4.04
3.80
3.72
3.58
3.56
3.53
3.50
3.41
3.28
3.04
3.02
3.01
2.85
2.83
2.81
2.67
2.52
2.49
2.42
2.28
2.23
2.10
1.99
1.88
1.64
1.58
1.57
1.49
1.43
0.76
0.07
0
8.9
17.8
26.8
35.68


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