Government bonds, Rate, Percent per annum by country
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.
What the numbers show
Government bonds, Rate, Percent per annum is currently reported for 65 countries. The highest value is 29.85 in Ghana; the lowest is 0.045 in Japan.
The median across all reporting countries is 4.01, and the mean is 6.23.
The gap between the highest and lowest reporting country is a factor of about 663.
Over the past decade 26 countries rose and 35 fell. The largest increase was in Czechia (up 651.8%), and the largest decrease in Japan (down 97.3%).
Government bonds, Rate, Percent per annum: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Ghana | 29.85 | 2025 | up 26.9% | rising |
| 2 | Jamaica | 26.84 | 1998 | up 31.6% | volatile |
| 3 | Angola | 17.25 | 2025 | up 122.0% | rising |
| 4 | Kyrgyzstan | 15.55 | 2024 | up 7.9% | falling |
| 5 | Uganda | 14.7 | 2009 | β | rising |
| 6 | Mongolia | 13.84 | 2017 | β | rising |
| 7 | Russian Federation | 13.63 | 2024 | up 76.9% | rising |
| 8 | Samoa | 13.5 | 2007 | unchanged | rising |
| 9 | Trinidad and Tobago | 13.03 | 1993 | up 31.9% | rising |
| 10 | Venezuela, Bolivarian Republic of | 12.95 | 2017 | up 35.6% | falling |
| 11 | Papua New Guinea | 11.14 | 2018 | up 20.5% | rising |
| 12 | Bangladesh | 11.08 | 2025 | up 17.4% | falling |
| 13 | Sri Lanka | 10.46 | 2019 | down 14.2% | flat |
| 14 | South Africa | 10.43 | 2025 | up 27.7% | rising |
| 15 | Myanmar | 9.5 | 2020 | down 17.4% | falling |
| 16 | Namibia | 9.39 | 2012 | down 27.6% | falling |
| 17 | Mexico | 9.38 | 2025 | up 56.6% | falling |
| 18 | Armenia | 9.23 | 2025 | down 35.9% | volatile |
| 19 | Pakistan | 8.83 | 2021 | down 33.9% | falling |
| 20 | Botswana | 8.73 | 2024 | up 107.4% | falling |
| 21 | Honduras | 7.7 | 2007 | down 74.0% | rising |
| 22 | Republic of Moldova | 7.32 | 2025 | down 63.9% | volatile |
| 23 | Nepal | 7.21 | 2025 | up 20.1% | falling |
| 24 | Hungary | 6.93 | 2025 | up 102.0% | falling |
| 25 | Vanuatu | 5.87 | 2025 | down 24.8% | falling |
| 26 | Seychelles | 5.82 | 2025 | up 5.9% | falling |
| 27 | Romania | 5.68 | 2025 | up 345.6% | volatile |
| 28 | Mauritius | 5.54 | 2025 | up 23.5% | falling |
| 29 | Poland | 5.5 | 2025 | up 103.5% | falling |
| 30 | Solomon Islands | 5 | 2021 | up 54.3% | volatile |
| 31 | Czechia | 4.31 | 2025 | up 651.8% | volatile |
| 32 | Italy | 4.28 | 2023 | down 0.8% | volatile |
| 33 | Norway | 4.01 | 2025 | up 314.1% | volatile |
| 34 | Bulgaria | 3.93 | 2025 | up 57.8% | volatile |
| 35 | Fiji | 3.9 | 2024 | down 14.8% | falling |
| 36 | New Zealand | 3.8 | 2025 | up 26.1% | volatile |
| 37 | Portugal | 3.76 | 2017 | down 15.0% | volatile |
| 38 | Greece | 3.38 | 2025 | down 65.6% | volatile |
| 39 | Malaysia | 3.31 | 2025 | down 9.8% | falling |
| 40 | Spain | 3.22 | 2025 | up 85.3% | volatile |
| 41 | Morocco | 3.19 | 2025 | down 20.4% | falling |
| 42 | Cyprus | 2.93 | 2025 | down 35.4% | falling |
| 43 | Korea | 2.85 | 2025 | up 35.3% | volatile |
| 44 | Philippines | 2.73 | 2014 | down 73.4% | falling |
| 45 | Iceland | 2.56 | 2025 | down 3.9% | falling |
| 46 | Maldives | 2.4 | 2025 | unchanged | flat |
| 47 | Denmark | 2.25 | 2025 | up 226.2% | volatile |
| 48 | Canada | 2.13 | 2017 | down 50.8% | falling |
| 49 | Thailand | 1.79 | 2025 | down 34.5% | falling |
| 50 | Australia | 1.48 | 2019 | down 70.5% | falling |
| 51 | United States | 1.4 | 2021 | down 49.6% | volatile |
| 52 | Malta | 1.37 | 2017 | down 70.9% | falling |
| 53 | Slovak Republic | 1.06 | 2017 | down 76.5% | volatile |
| 54 | Slovenia | 0.9933 | 2017 | down 78.1% | falling |
| 55 | Ireland | 0.9517 | 2017 | down 77.9% | falling |
| 56 | France | 0.9247 | 2017 | down 78.5% | volatile |
| 57 | Belgium | 0.7312 | 2017 | down 83.1% | falling |
| 58 | Sweden | 0.6158 | 2017 | down 85.2% | volatile |
| 59 | Netherlands | 0.5769 | 2018 | down 86.4% | falling |
| 60 | Austria | 0.5767 | 2017 | down 86.6% | falling |
| 61 | Finland | 0.5481 | 2017 | down 87.2% | volatile |
| 62 | Luxembourg | 0.5283 | 2017 | down 88.2% | volatile |
| 63 | Lithuania | 0.31 | 2017 | down 93.2% | volatile |
| 64 | Germany | 0.2833 | 2017 | down 93.3% | falling |
| 65 | Japan | 0.045 | 2017 | down 97.3% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Euro Area (EA) 1.31
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.