Lending interest rate (%) by country
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their...
Countries reporting
146
Highest
60.0%
Madagascar
Lowest
0.5%
United Kingdom
Median
8.5%
Years covered
66
1960–2025
Data points
4,788
What the numbers show
Lending interest rate (%) is currently reported for 146 countries. The highest value is 60.0% in Madagascar; the lowest is 0.5% in United Kingdom.
The median across all reporting countries is 8.5%, and the mean is 11.3%.
The gap between the highest and lowest reporting country is a factor of about 120.
Over the past decade 53 countries rose and 89 fell. The largest increase was in Zimbabwe (up 442.8%), and the largest decrease in Serbia (down 94.0%).
Lending interest rate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Madagascar | 60.0% | 2025 | up 5.8% | rising |
| 2 | Zimbabwe | 46.4% | 2025 | up 442.8% | volatile |
| 3 | Argentina | 46.0% | 2025 | up 84.7% | volatile |
| 4 | Brazil | 45.3% | 2025 | up 3.1% | falling |
| 5 | Malawi | 37.1% | 2024 | down 16.3% | rising |
| 6 | Somalia | 33.7% | 1988 | up 381.0% | volatile |
| 7 | Egypt | 24.3% | 2024 | up 107.5% | flat |
| 8 | Tajikistan | 23.5% | 2019 | up 4.1% | rising |
| 9 | Democratic Republic of Congo | 23.3% | 2021 | down 46.8% | falling |
| 10 | Uzbekistan | 23.1% | 2024 | up 44.7% | rising |
| 11 | Laos | 22.6% | 2010 | down 29.3% | flat |
| 12 | Yemen | 22.1% | 2013 | up 22.7% | flat |
| 13 | Gambia | 22.0% | 2025 | down 22.8% | flat |
| 14 | Sierra Leone | 21.4% | 2025 | up 14.4% | volatile |
| 15 | Venezuela | 21.1% | 2017 | up 23.1% | volatile |
| 16 | Uganda | 19.8% | 2018 | down 3.0% | falling |
| 17 | Kyrgyzstan | 19.8% | 2024 | down 1.7% | falling |
| 18 | Ukraine | 19.7% | 2025 | down 9.7% | volatile |
| 19 | Angola | 19.4% | 2025 | up 14.8% | volatile |
| 20 | Honduras | 18.6% | 2025 | down 10.0% | falling |
| 21 | Iran | 18.0% | 2016 | up 28.6% | flat |
| 22 | Sao Tome and Principe | 17.8% | 2024 | down 23.0% | falling |
| 23 | Mozambique | 17.5% | 2025 | up 17.9% | falling |
| 24 | Russia | 17.1% | 2024 | up 53.4% | volatile |
| 25 | Mauritania | 17.0% | 2017 | down 27.7% | rising |
| 26 | Tanzania | 16.7% | 2020 | up 14.7% | falling |
| 27 | Kenya | 16.6% | 2024 | up 0.5% | rising |
| 28 | Rwanda | 16.0% | 2024 | down 7.2% | flat |
| 29 | Mongolia | 16.0% | 2021 | down 3.6% | falling |
| 30 | Georgia | 15.8% | 2025 | up 26.4% | falling |
| 31 | Azerbaijan | 15.3% | 2025 | down 12.5% | falling |
| 32 | Dominican Republic | 15.3% | 2024 | up 9.7% | falling |
| 33 | Afghanistan | 14.8% | 2017 | down 18.2% | falling |
| 34 | Myanmar | 14.8% | 2020 | down 29.1% | falling |
| 35 | Suriname | 14.5% | 2025 | up 14.9% | falling |
| 36 | Colombia | 14.3% | 2025 | up 25.0% | volatile |
| 37 | South Sudan | 14.3% | 2025 | up 3.7% | rising |
| 38 | Nigeria | 14.0% | 2023 | down 16.2% | rising |
| 39 | Armenia | 13.8% | 2025 | down 21.6% | volatile |
| 40 | Liberia | 13.3% | 2017 | down 11.9% | falling |
| 41 | Haiti | 13.0% | 2025 | up 0.7% | falling |
| 42 | Guinea | 12.9% | 2001 | down 47.4% | rising |
| 43 | Guatemala | 12.9% | 2025 | down 2.8% | falling |
| 44 | Micronesia (country) | 12.6% | 2021 | down 12.1% | flat |
| 45 | Peru | 12.6% | 2022 | down 34.5% | volatile |
| 46 | Paraguay | 12.5% | 2021 | down 28.1% | falling |
| 47 | Burundi | 12.4% | 2025 | down 19.3% | rising |
| 48 | Iraq | 12.3% | 2015 | down 8.4% | falling |
| 49 | Jamaica | 12.1% | 2025 | down 28.5% | falling |
| 50 | Bhutan | 11.8% | 2025 | down 21.1% | falling |
| 51 | Maldives | 11.6% | 2025 | up 4.8% | rising |
| 52 | Sri Lanka | 11.2% | 2019 | down 28.3% | falling |
| 53 | Lesotho | 11.2% | 2024 | up 8.4% | falling |
| 54 | Iceland | 11.0% | 2025 | up 44.7% | volatile |
| 55 | Namibia | 11.0% | 2024 | up 26.0% | falling |
| 56 | Belarus | 10.9% | 2025 | down 39.5% | volatile |
| 57 | Eswatini | 10.9% | 2024 | up 26.1% | falling |
| 58 | South Africa | 10.7% | 2025 | up 13.5% | rising |
| 59 | Lebanon | 10.5% | 2019 | up 9.9% | volatile |
| 60 | East Timor | 10.4% | 2025 | down 22.8% | falling |
| 61 | Bolivia | 10.2% | 2025 | up 26.2% | volatile |
| 62 | Uruguay | 10.1% | 2025 | down 36.5% | volatile |
| 63 | Seychelles | 9.9% | 2025 | down 20.3% | falling |
| 64 | Zambia | 9.5% | 2020 | down 54.7% | volatile |
| 65 | Vietnam | 9.3% | 2023 | down 10.1% | falling |
| 66 | Nicaragua | 9.2% | 2025 | down 24.0% | volatile |
| 67 | Mauritius | 9.0% | 2025 | up 5.9% | falling |
| 68 | Moldova | 9.0% | 2025 | down 36.5% | volatile |
| 69 | Mexico | 8.8% | 2025 | up 155.5% | volatile |
| 70 | Pakistan | 8.7% | 2021 | down 39.9% | falling |
| 71 | Bangladesh | 8.6% | 2025 | down 26.4% | falling |
| 72 | Croatia | 8.6% | 2014 | down 26.9% | volatile |
| 73 | India | 8.6% | 2022 | down 19.2% | falling |
| 74 | Romania | 8.5% | 2025 | up 25.9% | volatile |
| 75 | Indonesia | 8.5% | 2025 | down 32.9% | falling |
| 76 | Belize | 8.5% | 2025 | down 17.8% | falling |
| 77 | Vanuatu | 8.4% | 2025 | down 17.2% | falling |
| 78 | Samoa | 8.4% | 2025 | down 11.8% | falling |
| 79 | Papua New Guinea | 8.3% | 2024 | down 11.6% | falling |
| 80 | Guyana | 8.2% | 2025 | down 35.8% | falling |
| 81 | Jordan | 8.1% | 2025 | down 4.5% | falling |
| 82 | Barbados | 8.1% | 2022 | down 7.5% | falling |
| 83 | Comoros | 8.0% | 2022 | down 23.5% | falling |
| 84 | Hungary | 8.0% | 2025 | up 176.0% | volatile |
| 85 | Algeria | 8.0% | 2025 | unchanged | falling |
| 85 | Ethiopia | 8.0% | 2008 | down 23.8% | rising |
| 87 | Cape Verde | 7.7% | 2025 | down 25.6% | falling |
| 88 | Tonga | 7.6% | 2025 | down 8.2% | falling |
| 89 | Trinidad and Tobago | 7.5% | 2024 | unchanged | falling |
| 90 | Philippines | 7.1% | 2019 | down 17.2% | falling |
| 91 | Saint Vincent and the Grenadines | 7.1% | 2025 | down 24.1% | falling |
| 92 | Panama | 6.9% | 2022 | down 10.6% | falling |
| 93 | Costa Rica | 6.9% | 2025 | down 51.7% | falling |
| 94 | Grenada | 6.9% | 2025 | down 23.5% | falling |
| 96 | Saint Kitts and Nevis | 6.5% | 2025 | down 29.8% | falling |
| 97 | Albania | 6.4% | 2024 | down 19.2% | volatile |
| 98 | Antigua and Barbuda | 6.4% | 2025 | down 35.0% | falling |
| 99 | Montenegro | 6.3% | 2025 | down 29.3% | falling |
| 100 | Botswana | 6.3% | 2024 | down 30.4% | falling |
| 101 | Saint Lucia | 6.3% | 2025 | down 29.4% | falling |
| 102 | Benin | 6.2% | 2021 | up 18.9% | rising |
| 102 | Burkina Faso | 6.2% | 2021 | up 18.9% | rising |
| 104 | Libya | 6.0% | 2014 | down 1.4% | falling |
| 105 | Norway | 5.9% | 2025 | up 67.9% | rising |
| 106 | Aruba | 5.8% | 2023 | down 31.8% | falling |
| 107 | Dominica | 5.8% | 2025 | down 33.4% | falling |
| 108 | Palestine | 5.6% | 2021 | down 18.1% | falling |
| 109 | Brunei | 5.5% | 2025 | unchanged | flat |
| 110 | Oman | 5.5% | 2021 | down 15.7% | falling |
| 111 | Macao | 5.5% | 2025 | up 3.8% | falling |
| 112 | North Macedonia | 5.4% | 2025 | down 27.4% | falling |
| 113 | Cote d'Ivoire | 5.3% | 2016 | up 11.8% | falling |
| 113 | Guinea-Bissau | 5.3% | 2016 | up 11.8% | rising |
| 113 | Mali | 5.3% | 2016 | up 11.8% | falling |
| 113 | Niger | 5.3% | 2016 | up 11.8% | falling |
| 113 | Senegal | 5.3% | 2016 | up 11.8% | falling |
| 113 | Togo | 5.3% | 2016 | up 11.8% | falling |
| 119 | Singapore | 5.2% | 2021 | down 2.4% | falling |
| 120 | Hong Kong | 5.2% | 2025 | up 3.5% | falling |
| 121 | Solomon Islands | 5.2% | 2021 | down 60.7% | falling |
| 122 | Bahrain | 5.2% | 2015 | down 34.0% | falling |
| 123 | Australia | 5.1% | 2019 | down 15.3% | falling |
| 124 | Kuwait | 5.0% | 2025 | up 17.1% | falling |
| 125 | Malaysia | 4.8% | 2025 | up 5.7% | falling |
| 126 | New Zealand | 4.8% | 2017 | down 44.7% | falling |
| 127 | Serbia | 4.8% | 2010 | down 94.0% | volatile |
| 128 | Qatar | 4.8% | 2025 | up 7.2% | falling |
| 130 | Czechia | 4.7% | 2025 | up 9.0% | falling |
| 131 | San Marino | 4.6% | 2025 | up 85.4% | falling |
| 132 | Fiji | 4.6% | 2024 | down 20.8% | falling |
| 133 | China | 4.3% | 2024 | down 22.3% | falling |
| 134 | Bahamas | 4.2% | 2025 | down 10.5% | falling |
| 135 | Bulgaria | 4.2% | 2025 | down 43.1% | volatile |
| 136 | Bosnia and Herzegovina | 4.2% | 2025 | down 27.1% | falling |
| 137 | South Korea | 4.2% | 2025 | up 18.7% | falling |
| 138 | Chile | 4.2% | 2018 | down 68.5% | volatile |
| 139 | Italy | 4.1% | 2025 | down 1.4% | volatile |
| 140 | Thailand | 3.9% | 2025 | down 16.7% | volatile |
| 141 | Sweden | 3.7% | 2006 | down 57.9% | falling |
| 142 | United States | 3.2% | 2021 | unchanged | falling |
| 143 | Switzerland | 3.0% | 2024 | up 10.6% | falling |
| 144 | Israel | 3.0% | 2022 | down 33.0% | falling |
| 145 | Canada | 2.7% | 2017 | down 55.8% | falling |
| 146 | Netherlands | 1.5% | 2013 | down 50.0% | falling |
| 147 | Japan | 1.0% | 2017 | down 47.2% | falling |
| 148 | United Kingdom | 0.5% | 2014 | down 88.6% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo 6.7%
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.