This is a list of countries by a simple average of commercial banks' annualized interest rates charged on new loans to their most credit-worthy customers. Each entry is denominated in the respective national currency.[1]
List
edit| Rank | Country | Commercial bank prime lending rate |
Date of information |
|---|---|---|---|
| 1 |  Madagascar |
64.00 | 31 December 2017 est. |
| 2 |  Brazil |
10.50 | 08 May 2024 |
| 3 |  Congo, Democratic Republic of the |
35.90 | 31 December 2017 est. |
| 4 |  Syria |
33.30 | 31 December 2017 est. |
| 5 |  Gambia, The |
30.60 | 31 December 2017 est. |
| 6 |  Tajikistan |
30.00 | 31 December 2017 est. |
| 7 |  Ghana |
||
| 8 |  Mozambique |
27.00 | 31 December 2017 est. |
| 9 |  Malawi |
26.90 | 31 December 2017 est. |
| 10 |  Yemen |
26.00 | 31 December 2017 est. |
| 11 |  Argentina |
40.00 | 14 May 2024 |
| 12 |  Venezuela |
23.80 | 31 December 2017 est. |
| 13 |  Guinea |
21.50 | 31 December 2017 est. |
| 14 |  Suriname |
20.50 | 31 December 2017 est. |
| 15 |  Uganda |
20.28 | December 2017 est. |
| 16 |  Kyrgyzstan |
20.10 | 31 December 2017 est. |
| 17 |  Angola |
20.00 | 31 December 2017 est. |
| 18 |  Mongolia |
19.90 | 31 December 2017 est. |
| 19 |  Honduras |
19.70 | 31 December 2017 est. |
| 20 |  Egypt |
19.50 | 31 December 2017 est. |
| 21 |  Sao Tome and Principe |
18.90 | 31 December 2017 est. |
| 22 |  Sierra Leone |
18.60 | 31 December 2017 est. |
| 23 |  Laos |
18.50 | 31 December 2017 est. |
| 24 |  Paraguay |
18.50 | 31 December 2017 est. |
| 25 |  Iran |
18.00 | 31 December 2017 est. |
| 26 |  Zimbabwe |
18.00 | 31 December 2017 est. |
| 27 |  Nigeria |
17.50 | 31 December 2017 est. |
| 28 |  Kenya |
17.00 | 31 December 2017 est. |
| 29 |  Mauritania |
17.00 | 31 December 2017 est. |
| 30 |  Rwanda |
16.90 | 31 December 2017 est. |
| 31 |  Peru |
16.50 | 31 December 2017 est. |
| 32 |  Ukraine |
16.50 | 31 December 2017 est. |
| 33 |  Senegal |
16.30 | 31 December 2017 est. |
| 34 |  Uzbekistan |
16.00 | 31 December 2016 est. |
| 35 |  Armenia |
16.00 | 31 December 2017 est. |
| 36 |  Burundi |
15.90 | 31 December 2017 est. |
| 37 |  Micronesia, Federated States of |
15.70 | 31 December 2017 est. |
| 38 |  Central African Republic |
15.50 | 31 December 2017 est. |
| 39 |  Chad |
15.50 | 31 December 2017 est. |
| 40 |  Gabon |
15.50 | 31 December 2017 est. |
| 41 |  Zambia |
15.50 | 31 December 2017 est. |
| 42 |  Liberia |
15.20 | 31 December 2017 est. |
| 43 |  Turkey |
15.20 | 31 December 2017 est. |
| 44 |  Guinea-Bissau |
15.00 | 31 December 2017 est. |
| 45 |  Tanzania |
15.00 | 31 December 2017 est. |
| 46 |  Afghanistan |
15.00 | 31 December 2016 est. |
| 47 |  Jamaica |
14.91 | 31 December 2017 |
| 48 |  Timor-Leste |
14.90 | 31 December 2017 est. |
| 49 |  Dominican Republic |
8.30 | 30 June 2021 est. |
| 50 |  Curacao |
14.50 | 31 December 2011 est. |
| 51 |  Kazakhstan |
14.10 | 31 December 2017 est. |
| 52 |  Haiti |
14.00 | 31 December 2017 est. |
| 53 |  Congo, Republic of the |
14.00 | 31 December 2017 est. |
| 54 |  Belarus |
14.00 | 31 December 2017 est. |
| 55 |  Burma |
14.00 | 31 December 2017 est. |
| 56 |  Equatorial Guinea |
14.00 | 31 December 2017 est. |
| 57 |  Colombia |
13.80 | 31 December 2017 est. |
| 58 |  Bhutan |
13.60 | 31 December 2017 est. |
| 59 |  Uruguay |
13.60 | 31 December 2017 est. |
| 60 |  Guatemala |
13.50 | 31 December 2017 est. |
| 61 |  South Sudan |
13.38 | December 2017 |
| 62 |  Guyana |
13.30 | 31 December 2017 est. |
| 63 |  Cameroon |
13.00 | 31 December 2017 est. |
| 64 |  Ethiopia |
13.00 | 31 December 2017 est. |
| 65 |  Azerbaijan |
12.40 | 31 December 2017 est. |
| 66 |  Seychelles |
12.40 | 31 December 2017 est. |
| 67 |  Nicaragua |
12.20 | 31 December 2017 est. |
| 68 |  Lesotho |
12.00 | 31 December 2017 est. |
| 69 |  Sri Lanka |
11.80 | 31 December 2017 est. |
| 70 |  Costa Rica |
11.80 | 31 December 2017 est. |
| 71 |  Indonesia |
11.70 | 31 December 2017 est. |
| 72 |  Eswatini |
11.70 | 31 December 2017 est. |
| 73 |  Djibouti |
11.60 | 31 December 2017 est. |
| 74 |  Georgia |
11.50 | 31 December 2017 est. |
| 75 |  Cambodia |
11.10 | 31 December 2017 est. |
| 76 |  Tuvalu |
10.60 | 31 December 2013 est. |
| 77 |  Maldives |
10.50 | 31 December 2012 est. |
| 78 |  Comoros |
10.50 | 31 December 2017 est. |
| 79 |  South Africa |
8.75 | 31 December 2017 est. |
| 80 |  Moldova |
10.30 | 31 December 2017 est. |
| 81 |  Russia |
10.30 | 31 December 2017 est. |
| 82 |  Bangladesh |
10.20 | 31 December 2017 est. |
| 83 |  Solomon Islands |
10.20 | 31 December 2017 est. |
| 84 |  Cabo Verde |
10.00 | 31 December 2017 est. |
| 85 |  Bolivia |
9.90 | 31 December 2017 est. |
| 86 |  Namibia |
9.90 | 31 December 2017 est. |
| 87 |  Belize |
9.60 | 31 December 2017 est. |
| 88 |  Antigua and Barbuda |
9.60 | 31 December 2017 est. |
| 89 |  India |
8.75 | 31 May 2024 est. |
| 90 |  Anguilla |
9.10 | 31 December 2017 est. |
| 91 |  Saint Kitts and Nevis |
9.10 | 31 December 2017 est. |
| 92 |  Saint Vincent and the Grenadines |
9.00 | 31 December 2017 est. |
| 93 |  Trinidad and Tobago |
9.00 | 31 December 2017 est. |
| 94 |  Nepal |
9.00 | 31 December 2017 est. |
| 95 |  Mali |
9.00 | 31 December 2017 est. |
| 96 |  Samoa |
8.90 | 31 December 2017 est. |
| 97 |  Jordan |
8.80 | 31 December 2017 est. |
| 98 |  Lebanon |
8.60 | 31 December 2017 est. |
| 99 |  Aruba |
8.50 | 31 December 2017 est. |
| 100 |  Grenada |
8.50 | 31 December 2017 est. |
| 101 |  Mauritius |
8.50 | 31 December 2017 est. |
| 102 |  Papua New Guinea |
8.40 | 31 December 2017 est. |
| 103 |  Saudi Arabia |
8.30 | 31 December 2017 est. |
| 104 |  Saint Lucia |
8.30 | 31 December 2017 est. |
| 105 |  Togo |
8.29 | 31 December 2015 est. |
| 106 |  Panama |
8.20 | 31 December 2017 est. |
| 107 |  Dominica |
8.10 | 31 December 2017 est. |
| 108 |  Barbados |
8.10 | 31 December 2017 est. |
| 109 |  Tonga |
8.10 | 31 December 2017 est. |
| 110 |  Algeria |
8.00 | 31 December 2017 est. |
| 111 |  Ecuador |
7.75 | 31 December 2017 est. |
| 112 |  Iceland |
7.60 | 31 December 2017 est. |
| 113 |  Serbia |
7.60 | 31 December 2017 est. |
| 114 |  Mexico |
7.45 | 31 December 2017 est. |
| 115 |  Tunisia |
7.31 | 31 December 2016 est. |
| 116 |  Libya |
7.30 | 31 December 2017 est. |
| 117 |  Albania |
7.20 | 31 December 2017 est. |
| 118 |  Pakistan |
7.00 | 31 December 2017 est. |
| 119 |  Montserrat |
7.00 | 31 December 2017 est. |
| 120 |  Kosovo |
6.83 | 31 December 2017 est. |
| 121 |  Montenegro |
6.81 | 31 December 2017 est. |
| 122 |  Vietnam |
6.80 | 31 December 2017 est. |
| 123 |  West Bank |
6.70 | 31 December 2017 est. |
| 124 |  Botswana |
6.50 | 31 December 2017 est. |
| 125 |  El Salvador |
6.47 | 31 December 2017 est. |
| 126 |  North Macedonia |
6.20 | 31 December 2017 est. |
| 127 |  Thailand |
6.20 | 31 December 2017 est. |
| 128 |  Fiji |
6.00 | 31 December 2017 est. |
| 129 |  San Marino |
5.92 | 31 December 2011 est. |
| 130 |  Bulgaria |
5.80 | 31 December 2017 est. |
| 131 |  Bahrain |
5.70 | 31 December 2017 est. |
| 132 |  Romania |
5.70 | 31 December 2017 est. |
| 133 |  Morocco |
5.70 | 31 December 2017 est. |
| 134 |  Macau |
5.50 | 31 December 2017 est. |
| 135 |  Greece |
5.50 | 31 December 2017 est. |
| 136 |  Brunei |
5.50 | 31 December 2017 est. |
| 137 |  Oman |
5.40 | 31 December 2017 est. |
| 138 |  Cote d'Ivoire |
5.40 | 31 December 2017 est. |
| 139 |  Niger |
5.40 | 31 December 2017 est. |
| 140 |  Australia |
5.30 | 31 December 2017 est. |
| 141 |  Burkina Faso |
5.30 | 31 December 2017 est. |
| 142 |  Benin |
5.30 | 31 December 2017 est. |
| 143 |  Singapore |
5.28 | 31 December 2017 est. |
| 144 |  Kuwait |
5.20 | 31 December 2017 est. |
| 145 |  Qatar |
5.00 | 31 December 2017 est. |
| 146 |  Puerto Rico |
5.00 | 31 December 2017 est. |
| 147 |  Hong Kong |
5.00 | 31 December 2017 est. |
| 148 |  New Zealand |
4.90 | 31 December 2017 est. |
| 149 |  Poland |
4.80 | 31 December 2017 est. |
| 150 |  Latvia |
4.60 | 31 December 2017 est. |
| 151 |  Chile |
4.60 | 31 December 2017 est. |
| 152 |  Bosnia and Herzegovina |
4.50 | 31 December 2017 est. |
| 153 |  Malaysia |
5.40 | 6 August 2020[2] |
| 154 |  China |
4.30 | 5 December 2017 est. |
| 155 |  United States |
7.00 | 16 December 2022[3] |
| 156 |  United Kingdom |
4.30 | 31 December 2017 est. |
| 157 |  Bahamas, The |
4.30 | 31 December 2017 est. |
| 158 |  Estonia |
4.20 | 31 December 2017 est. |
| 159 |  Cyprus |
4.20 | 31 December 2017 est. |
| 160 |  Philippines |
4.19 | 31 December 2017 est. |
| 161 |  Iraq |
4.00 | 31 December 2017 est. |
| 162 |  Croatia |
3.91 | 31 December 2017 est. |
| 163 |  Czechia |
3.90 | 31 December 2017 est. |
| 164 |  Ireland |
3.80 | 31 December 2017 est. |
| 165 |  Vanuatu |
3.70 | 31 December 2017 est. |
| 166 |  Portugal |
3.50 | 31 December 2017 est. |
| 167 |  Korea, South |
3.40 | 31 December 2017 est. |
| 168 |  Israel |
3.30 | 31 December 2017 est. |
| 169 |  Italy |
3.30 | 31 December 2017 est. |
| 170 |  Malta |
3.00 | 31 December 2017 est. |
| 171 |  Denmark |
2.90 | 31 December 2017 est. |
| 172 |  Canada |
6.45 | 17 December 2022[4] |
| 173 |  Slovenia |
2.90 | 31 December 2017 est. |
| 174 |  Lithuania |
2.90 | 31 December 2017 est. |
| 175 |  Taiwan |
2.70 | 31 December 2017 est. |
| 176 |  Switzerland |
2.60 | 31 December 2017 est. |
| 177 |  Slovakia |
2.60 | 31 December 2017 est. |
| 178 |  Spain |
2.20 | 31 December 2017 est. |
| 179 |  Sweden |
2.00 | 31 December 2017 est. |
| 180 |  Belgium |
2.00 | 31 December 2017 est. |
| 181 |  Germany |
1.80 | 31 December 2017 est. |
| 182 |  Austria |
1.70 | 31 December 2017 est. |
| 183 |  Finland |
1.60 | 31 December 2017 est. |
| 184 |  Hungary |
1.60 | 31 December 2017 est. |
| 185 |  Netherlands |
1.50 | 31 December 2017 est. |
| 186 |  Norway |
1.50 | 31 December 2017 est. |
| 187 |  Japan |
0.00 - 0.10 | 17 May 2024[5] |
| 188 |  France |
1.40 | 31 December 2017 est. |
References
edit- ^ "CIA – The World Factbook -- Rank Order – Commercial bank prime lending rate". Central Intelligence Agency. Archived from the original on 10 December 2008.
- ^ "Base Rates, Base Lending/Financing Rates and Indicative Effective Lending Rates". Bank Negara Malaysia—Central Bank of Malaysia (List of rates for all Malaysian commercial banks, rate of largest bank, Malayan Banking Berhad, used for table). 6 August 2020. Archived from the original on 25 November 2019. Retrieved 25 November 2020.
- ^ "Selected Interest Rates (Daily) - H.15". Federal Reserve. 16 December 2022. Retrieved 17 December 2022.
- ^ "Bank of Canada Daily Digest". Bank of Canada—Banque du Canada. 17 December 2022. Archived from the original on 11 May 2011. Retrieved 17 December 2022.
- ^ "Money Rates". The Wall Street Journal. 24 November 2020. Archived from the original on 25 November 2020. Retrieved 25 November 2020.