List of countries by central bank interest rates

This is a list of countries by annualized interest rate set by the central bank for charging commercial, depository banks for loans to meet temporary shortages of funds. The data is taken from CIA World Factbook,[1] world interest rates [2] and Forex Motion [3]

Rank Country/Currency Union Central bank
discount rate
(%) 		Date of
information 		GDP (Millions of $US)
64  Venezuela 28.5 2007-12-31 31 December 2007 315,893
63  Sao Tome and Principe 28 2007-12-31 31 December 2007
62  Guinea 22.25 2005-12-31 31 December 2005
61  Paraguay 20 2007-12-31 31 December 2007
60  Angola 19.57 2007-12-31 31 December 2007
59  Costa Rica 17 2007-12-31 31 December 2007
59  Russia 17 2014-12-16 16 December 2014 1,857,770
58  Tanzania 16.4 2007-12-31 31 December 2007
57  Iceland 15 2012-11-14 14 November 2012
57  Iraq 15 2008-12-31 31 December 2008
57  Malawi 15 2007-12-31 31 December 2007
56  Uganda 14.68 2007-12-31 31 December 2007
55  Botswana 14.5 2007-12-31 31 December 2007
54  Tajikistan 13.5 2008-09-30 30 September 2008
54  Ghana 13.5 2007-12-31 31 December 2007
53  Maldives 13 2008-12-31 31 December 2008
52  Lesotho 12.82 2007-12-31 31 December 2007
51  Laos 12.67 2007-12-31 31 December 2007
50  Iran 12.5 2011-06-01 1 June 2011[4]
50  Rwanda 12.5 2007-12-31 31 December 2007
49  Barbados 12 2007-12-31 31 December 2007
49  Belize 12 2007-12-31 31 December 2007
49  Burma 12 2007-12-31 31 December 2007
49  Lebanon 12 2007-12-31 31 December 2007
48  Sri Lanka 11.75 2009-02-12 12 February 2009
47  Zambia 11.73 2007-12-31 31 December 2007
46  Kazakhstan 11 2007-12-31 31 December 2007
46  Swaziland 11 2007-12-31 31 December 2007
45  Namibia 10.5 2007-12-31 31 December 2007
44  Burundi 10.12 2007-12-31 31 December 2007
43  Belarus 10 2007-12-31 31 December 2007
43  Gambia 10 2007-12-31 31 December 2007
43  Pakistan 10 2014-03-15 15 March 2014
43  Uruguay 10 2009-02-01 1 February 2009
42  Mozambique 9.95 2007-12-31 31 December 2007
41  Mongolia 9.75 2008-12-31 31 December 2008
40  Serbia 9.57 2007-12-31 31 December 2007
39  Colombia 9.5 2008-12-31 31 December 2008
39  Nigeria 9.5 2007-12-31 31 December 2007
38  Fiji 9.25 2007-12-31 31 December 2007
37  Croatia 9 2008-12-31 31 December 2008
37  Egypt 9 2007-12-31 31 December 2007
36  Cape Verde 8.5 2007-12-31 31 December 2007
35  Turkey 8.25 2014-11-20 20 November 2014
34  Azerbaijan 8 2008-12-31 31 December 2008
34  Georgia 8 2008-12-25 25 December 2008
34  Ukraine 8 2007-12-31 31 December 2007
33  Brazil 7.5 2013-04-17 17 April 2013
33  India 7.5 2013-03-19 19 March 2013 1,897,608
32  Papua New Guinea 7.38 2007-12-31 31 December 2007
31  Armenia 7 2014-06-24 24 June 2014
30  Trinidad and Tobago 6.94 2008-12-31 31 December 2008
29  Hong Kong 6.75 2008-12-31 31 December 2008
28    Nepal 6.5 2008-12-31 31 December 2008
28 Eastern Caribbean States 6.5 2007-12-31 31 December 2007
28  Peru 6.5 2008-12-01 1 December 2008
28  Vietnam 6.5 2007-12-31 31 December 2007
27  Albania 6.25 2007-12-31 31 December 2007
27  Jordan 6.25 2008-12-31 31 December 2008
27  Kuwait 6.25 2007-12-31 31 December 2007
26  China 6 2012-07-06 6 July 2012 7,203,784
26  Latvia 6 2007-12-31 31 December 2007
26  Vanuatu 6 2007-12-31 31 December 2007
25  Indonesia 5.75 2012-02-09 9 February 2012 846,834
24  Comoros 5.36 2007-12-31 31 December 2007
23  Cambodia 5.25 2007-12-31 31 December 2007
23  Democratic Republic of the Congo 5.25 2007-12-31 31 December 2007
22  Seychelles 5.13 2007-12-31 31 December 2007
21  Aruba 5 2007-12-31 31 December 2007
21  Chile 5 2012-01-12 12 January 2012
21  South Africa 5 2012-07-19 19 July 2012
20  Bahamas 4.5 2007-12-31 31 December 2007
19  Algeria 4 2007-12-31 31 December 2007
19  Libya 4 2007-12-31 31 December 2007
19  Mexico 4 2013-03-08 8 March 2013 1,155,206
18  Philippines 3.5 2014-01-31 31 January 2014
17 Central African States 3.25 2007-12-31 31 December 2007
16  Bangladesh 3 2007-12-31 31 December 2007
16  Morocco 3 2012-03-27 27 March 2012
14  South Korea 2.75 2012-10-11 11 October 2012 1,116,247
15  Thailand 2.75 2012-10-24 24 October 2012
15 West African States 2.75 2007-12-31 31 December 2007
14  New Zealand 2.5 2011-03-10 10 March 2011
14  Poland 2.5 2013-07-03 3 July 2013
14  Australia 2.5 2014-02-04 4 February 2014 1,515,468
13  Hungary 2.3 2014-06-25 25 June 2014
12  Saudi Arabia 2 2009-01-19 19 January 2009
11  Norway 1.5 2012-03-14 14 March 2012
11  Taiwan 1.5 2009-01-08 8 January 2009
10  Sweden -0.1 2012-12-18 18 December 2012
9  Canada 0.75 2015-01-21 21 January 2015 1,736,869
8  United Kingdom 0.5 2009-03-05 5 March 2009 2,429,184
7  Israel 0.1 2015-02-23 23 February 2015
7   Switzerland 0.25 2009-03-12 12 March 2009
7  United States 0.25 2008-12-16 16 December 2008 14,991,300
6  Lithuania 0.2 2013-01-31 31 January 2013
5 Euro Area 0.15[5] 2014-05-06 6 May 2014 16,673,333
4  Japan 0.1 2010-10-05 5 October 2010 5,870,357
3  Czech Republic 0.05 2012-11-01 1 November 2012
2  Bulgaria 0.03 2012-12-03 3 December 2012
1  Oman 0 2012-11-25 25 November 2012
1  Denmark -0.75 2015-03-05 5 February 2015[6]

References

  1. ↑ https://www.cia.gov/library/publications/the-world-factbook/rankorder/2207rank.html
  2. ↑ http://www.worldinterestrates.info/
  3. ↑ http://www.forexmotion.com/index.php/en/exchange-rates.html
  4. ↑ http://www.bbc.co.uk/persian/business/2011/05/110529_ka_bahmani_interest_rate.shtml
  5. ↑ https://www.ecb.europa.eu/stats/monetary/rates/html/index.en.html
  6. ↑ http://www.telegraph.co.uk/finance/currency/11393256/Denmark-cuts-interest-rates-again-to-defend-krones-euro-peg.html