This is a list of countries by a simple average of annualized interest rates of commercial banks for charging on new loans, denominated in the national currency, to their most credit-worthy customers. The data is taken from CIA World Factbook [1]
Rank | Country | Commercial bank prime lending rate (%) |
Date of information |
---|---|---|---|
1 | Zimbabwe | 578.96 | 31 December 2007 |
2 | Haiti | 46.99 | 31 December 2007 |
3 | Madagascar | 45.00 | 31 December 2007 |
4 | Brazil | 43.72 | 31 December 2007 |
5 | Sao Tome and Principe | 32.40 | 31 December 2007 |
6 | Laos | 28.50 | 31 December 2007 |
7 | Argentina | 28.00 | 28 November 2008 |
8 | Gambia | 27.92 | 31 December 2007 |
9 | Malawi | 27.72 | 31 December 2007 |
10 | Kyrgyzstan | 25.32 | 31 December 2007 |
11 | Paraguay | 25.03 | 31 December 2007 |
12 | Sierra Leone | 25.00 | 31 December 2007 |
13 | Peru | 24.10 | December 2008 |
14 | Tajikistan | 23.10 | 31 December 2008 |
15 | Mauritius | 21.87 | 31 December 2007 |
16 | Georgia | 20.41 | 31 December 2007 |
17 | Iraq | 19.74 | 31 December 2007 |
18 | Mozambique | 19.52 | 31 December 2007 |
19 | Iceland | 19.29 | 31 December 2007 |
20 | Azerbaijan | 19.13 | 31 December 2007 |
21 | Uganda | 19.11 | 31 December 2007 |
22 | Zambia | 18.89 | 31 December 2007 |
23 | Moldova | 18.83 | 31 December 2007 |
24 | Sri Lanka | 18.50 | 31 December 2008 |
25 | Afghanistan | 18.14 | 31 December 2007 |
26 | Yemen | 18.00 | 31 December 2007 |
27 | Angola | 17.70 | 31 December 2007 |
28 | Mongolia | 17.54 | 31 December 2007 |
29 | Armenia | 17.52 | 31 December 2007 |
30 | Jamaica | 17.20 | 31 December 2007 |
31 | Venezuela | 17.11 | 31 December 2007 |
32 | Burma | 17.00 | 31 December 2007 |
33 | Nigeria | 16.94 | 31 December 2007 |
34 | Burundi | 16.84 | 31 December 2007 |
35 | Latvia | 16.80 | 31 December 2008 |
36 | Honduras | 16.61 | 31 December 2007 |
37 | Botswana | 16.22 | 31 December 2007 |
38 | Tanzania | 16.03 | 31 December 2007 |
39 | Bangladesh | 16.00 | 31 December 2007 |
40 | Rwanda | 15.84 | 31 December 2007 |
41 | Dominican Republic | 15.83 | 31 December 2007 |
42 | Colombia | 15.60 | 31 December 2008 |
43 | Indonesia | 15.13 | 31 December 2008 |
44 | Liberia | 15.05 | 31 December 2007 |
45 | Timor-Leste | 15.05 | 31 December 2007 |
46 | Chad | 15.00 | 31 December 2007 |
47 | Gabon | 15.00 | 31 December 2007 |
48 | Equatorial Guinea | 15.00 | 31 December 2007 |
49 | Central African Republic | 15.00 | 31 December 2007 |
50 | Cameroon | 15.00 | 31 December 2007 |
51 | Republic of the Congo | 15.00 | 31 December 2007 |
52 | Kenya | 14.80 | 31 December 2008 |
53 | Guyana | 14.61 | 31 December 2007 |
54 | Belize | 14.33 | 31 December 2007 |
55 | Lesotho | 14.13 | 31 December 2007 |
56 | Solomon Islands | 14.12 | 31 December 2007 |
57 | Albania | 14.10 | 31 December 2007 |
58 | Federated States of Micronesia | 14.03 | 31 December 2007 |
59 | Bhutan | 14.00 | 31 December 2007 |
60 | Ukraine | 13.90 | 31 December 2007 |
61 | Suriname | 13.77 | 31 December 2007 |
62 | Romania | 13.35 | 31 December 2007 |
63 | South Africa | 13.17 | 31 December 2007 |
64 | Swaziland | 13.17 | 31 December 2007 |
65 | Nicaragua | 13.04 | 31 December 2007 |
66 | Russia | 13.00 | 31 December 2008 |
67 | Namibia | 12.88 | 31 December 2007 |
68 | Bolivia | 12.86 | 31 December 2007 |
69 | Guatemala | 12.84 | 31 December 2007 |
70 | New Zealand | 12.83 | 31 December 2007 |
71 | Costa Rica | 12.80 | 31 December 2007 |
72 | Samoa | 12.65 | 31 December 2007 |
73 | Egypt | 12.51 | 31 December 2007 |
74 | Ecuador | 12.50 | 15 October 2008 |
75 | Tonga | 12.16 | 31 December 2007 |
76 | Iran | 12.00 | 31 December 2008 |
77 | Trinidad and Tobago | 11.75 | 31 December 2007 |
78 | Vietnam | 11.18 | 31 December 2007 |
79 | Serbia | 11.13 | 31 December 2007 |
— | Aruba | 11.01 | 31 December 2007 |
80 | Italy | 10.93 | 31 December 2007 |
81 | Seychelles | 10.89 | 31 December 2007 |
82 | Barbados | 10.80 | 31 December 2007 |
83 | Cape Verde | 10.55 | 31 December 2007 |
84 | Comoros | 10.50 | 31 December 2007 |
85 | Antigua and Barbuda | 10.44 | 31 December 2007 |
— | Montserrat | 10.40 | 31 December 2007 |
86 | Lebanon | 10.26 | 31 December 2007 |
87 | Macedonia | 10.23 | 31 December 2007 |
88 | Saint Lucia | 10.12 | 31 December 2007 |
89 | Australia | 10.02 | 31 December 2007 |
90 | Bulgaria | 10.00 | 31 December 2007 |
91 | Papua New Guinea | 9.78 | 31 December 2007 |
— | Anguilla | 9.76 | 31 December 2007 |
92 | Grenada | 9.76 | 31 December 2007 |
93 | Saint Vincent and the Grenadines | 9.61 | 31 December 2007 |
94 | Spain | 9.54 | 31 December 2008 |
95 | Hungary | 9.48 | 26 January 2009 |
96 | Croatia | 9.33 | 31 December 2008 |
97 | Saint Kitts and Nevis | 9.28 | 31 December 2007 |
— | Netherlands Antilles | 9.21 | 31 December 2007 |
98 | Dominica | 9.17 | 31 December 2007 |
99 | Montenegro | 9.09 | 31 December 2007 |
100 | Fiji | 9.01 | 31 December 2007 |
101 | Netherlands | 8.72 | 31 December 2007 |
102 | Philippines | 8.69 | 31 December 2007 |
103 | Chile | 8.67 | 31 December 2007 |
104 | Belarus | 8.58 | 31 December 2007 |
105 | Kuwait | 8.54 | 31 December 2007 |
106 | India | 8.50 | 31 January 2009 |
107 | Jordan | 8.45 | 31 December 2008 |
108 | Bahrain | 8.35 | 31 December 2007 |
109 | Panama | 8.25 | 31 December 2007 |
110 | Vanuatu | 8.16 | 31 December 2007 |
— | European Union | 8.03 | 31 December 2007 |
111 | Algeria | 8.00 | 31 December 2007 |
112 | Maldives | 8.00 | 31 December 2008 |
113 | Portugal | 7.92 | 31 December 2007 |
— | Gaza Strip | 7.73 | 31 December 2006 |
— | West Bank | 7.73 | 31 December 2006 |
114 | Greece | 7.71 | 31 December 2007 |
115 | San Marino | 7.58 | 31 December 2007 |
116 | Mexico | 7.56 | 31 December 2007 |
117 | Qatar | 7.43 | 31 December 2007 |
118 | Oman | 7.29 | 31 December 2007 |
119 | Thailand | 7.25 | 31 December 2007 |
120 | Bosnia and Herzegovina | 7.17 | 31 December 2007 |
121 | Ethiopia | 7.00 | 31 December 2006 |
122 | South Korea | 7.00 | 31 December 2008 |
123 | Uruguay | 7.00 | February 2009 |
124 | Syria | 7.00 | 6 November 2008 |
125 | Nepal | 7.00 | 16 July 2008 |
126 | Lithuania | 6.86 | 31 December 2007 |
127 | Slovenia | 6.82 | 31 December 2007 |
128 | Cyprus | 6.74 | 31 December 2007 |
129 | France | 6.60 | 2008 |
130 | Ireland | 6.52 | 31 December 2007 |
131 | Estonia | 6.46 | 31 December 2007 |
132 | Slovakia | 6.42 | 31 December 2008 |
133 | Malaysia | 6.41 | 31 December 2007 |
134 | Austria | 6.30 | 31 December 2007 |
135 | Israel | 6.27 | 31 December 2007 |
136 | Malta | 6.24 | 31 December 2007 |
137 | Canada | 2.60 | 31 December 2010 |
138 | Libya | 6.00 | 31 December 2007 |
139 | Germany | 5.96 | 31 December 2007 |
140 | Czech Republic | 5.79 | 31 December 2007 |
141 | China | 5.58 | 17 December 2007 |
142 | United Kingdom | 5.52 | 31 December 2007 |
143 | Bahamas | 5.50 | 31 December 2007 |
144 | Brunei | 5.50 | February 2009 |
145 | Poland | 5.48 | 31 December 2006 |
146 | Singapore | 5.38 | 31 December 2008 |
— | Macau | 5.25 | 31 December 2008 |
147 | Finland | 5.04 | December 2008 |
— | Hong Kong | 5.00 | 31 December 2008 |
— | Taiwan | 4.06 | 2008 est. |
148 | Sweden | 4.00 | 2004 |
149 | Norway | 3.50 | 1st quarter 2009 |
150 | United States | 3.25 | 31 March 2009 |
151 | Switzerland | 3.15 | 31 December 2007 |
152 | Belgium | 2.10 | 30 January 2009 |
153 | Japan | 1.68 | November 2008 |
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