Lending 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
Lending Rate, Percent per annum is currently reported for 144 countries. The highest value is 60 in Madagascar; the lowest is 0 in New Zealand.
The median across all reporting countries is 8.73, and the mean is 11.39.
Over the past decade 54 countries rose and 87 fell. The largest increase was in Zimbabwe (up 442.8%), and the largest decrease in New Zealand (down 100.0%).
Lending Rate, Percent per annum: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Madagascar | 60 | 2025 | up 5.8% | rising |
| 2 | Zimbabwe | 46.36 | 2025 | up 442.8% | volatile |
| 3 | Argentina | 46.02 | 2025 | up 84.7% | volatile |
| 4 | Brazil | 45.33 | 2025 | up 3.1% | falling |
| 5 | Malawi | 37.06 | 2024 | down 16.3% | rising |
| 6 | Egypt | 24.29 | 2024 | up 107.5% | flat |
| 7 | Democratic Republic of Congo | 24.11 | 2025 | up 24.4% | falling |
| 8 | Tajikistan | 23.55 | 2019 | up 4.1% | rising |
| 9 | Uzbekistan | 23.13 | 2024 | up 44.7% | rising |
| 10 | Gambia | 22 | 2025 | down 22.8% | flat |
| 11 | Sierra Leone | 21.44 | 2025 | up 14.4% | volatile |
| 12 | Venezuela | 21.06 | 2017 | up 23.1% | volatile |
| 13 | Uganda | 19.85 | 2018 | down 3.0% | falling |
| 14 | Kyrgyzstan | 19.78 | 2024 | down 1.7% | falling |
| 15 | Ukraine | 19.7 | 2025 | down 9.7% | volatile |
| 16 | Angola | 19.37 | 2025 | up 14.8% | volatile |
| 17 | Honduras | 18.58 | 2025 | down 10.0% | falling |
| 18 | Nigeria | 18.45 | 2025 | up 9.5% | rising |
| 19 | Sao Tome and Principe | 17.74 | 2025 | down 23.9% | falling |
| 20 | Mozambique | 17.53 | 2025 | up 17.9% | falling |
| 21 | Russia | 17.09 | 2024 | up 53.4% | volatile |
| 22 | Mauritania | 17 | 2017 | down 27.7% | rising |
| 23 | Tanzania | 16.68 | 2020 | up 14.7% | falling |
| 24 | Kenya | 16.59 | 2024 | up 0.5% | rising |
| 25 | Rwanda | 16.02 | 2024 | down 7.2% | flat |
| 26 | Mongolia | 16.01 | 2021 | down 3.6% | falling |
| 27 | Georgia | 15.91 | 2025 | up 27.4% | falling |
| 28 | Azerbaijan | 15.34 | 2025 | down 12.5% | falling |
| 29 | Dominican Republic | 15.25 | 2024 | up 9.7% | falling |
| 30 | Central African Republic | 15 | 2007 | down 31.8% | rising |
| 30 | Cameroon | 15 | 2008 | down 31.8% | falling |
| 30 | Congo | 15 | 2007 | down 31.8% | rising |
| 30 | Gabon | 15 | 2008 | down 31.8% | falling |
| 30 | Equatorial Guinea | 15 | 2008 | down 31.8% | falling |
| 30 | Chad | 15 | 2007 | down 31.8% | rising |
| 36 | Afghanistan | 14.84 | 2017 | down 18.2% | falling |
| 37 | Myanmar | 14.83 | 2020 | down 29.1% | falling |
| 38 | Suriname | 14.5 | 2025 | up 14.9% | falling |
| 39 | Colombia | 14.31 | 2025 | up 25.0% | volatile |
| 40 | South Sudan | 14.29 | 2025 | up 3.7% | rising |
| 41 | El Salvador | 13.96 | 2000 | down 34.1% | flat |
| 42 | Anguilla | 13.88 | 2025 | up 53.4% | flat |
| 43 | Armenia | 13.78 | 2025 | down 21.6% | volatile |
| 44 | Haiti | 13.01 | 2025 | up 0.7% | falling |
| 45 | Liberia | 12.99 | 2025 | down 4.5% | falling |
| 46 | Guinea | 12.88 | 2001 | down 47.4% | rising |
| 47 | Guatemala | 12.85 | 2025 | down 2.8% | falling |
| 48 | Peru | 12.6 | 2022 | down 34.5% | volatile |
| 49 | Paraguay | 12.51 | 2021 | down 28.1% | falling |
| 50 | Burundi | 12.37 | 2025 | down 19.3% | rising |
| 51 | Iraq | 12.29 | 2015 | down 8.4% | falling |
| 52 | Jamaica | 12.14 | 2025 | down 28.5% | falling |
| 53 | Bhutan | 11.76 | 2025 | down 21.1% | falling |
| 54 | Maldives | 11.63 | 2025 | up 4.8% | rising |
| 55 | Morocco | 11.5 | 2005 | up 15.0% | rising |
| 56 | Sri Lanka | 11.24 | 2019 | down 28.3% | falling |
| 57 | Lesotho | 11.21 | 2024 | up 8.4% | falling |
| 58 | Iceland | 11.01 | 2025 | up 44.7% | volatile |
| 59 | Namibia | 10.96 | 2024 | up 26.0% | falling |
| 60 | Belarus | 10.95 | 2025 | down 39.5% | volatile |
| 61 | Eswatini | 10.88 | 2024 | up 26.1% | falling |
| 62 | South Africa | 10.73 | 2025 | up 13.9% | rising |
| 63 | East Timor | 10.41 | 2025 | down 22.8% | falling |
| 64 | Bolivia | 10.19 | 2025 | up 26.2% | volatile |
| 65 | Uruguay | 10.06 | 2025 | down 36.5% | volatile |
| 66 | Syria | 9.88 | 2010 | up 9.8% | flat |
| 67 | Seychelles | 9.85 | 2025 | down 20.3% | falling |
| 68 | Zambia | 9.48 | 2020 | down 54.7% | volatile |
| 69 | Nicaragua | 9.16 | 2025 | down 24.0% | volatile |
| 70 | Mauritius | 9 | 2025 | up 5.9% | falling |
| 71 | Moldova | 8.99 | 2025 | down 36.5% | volatile |
| 72 | Mexico | 8.79 | 2025 | up 155.5% | volatile |
| 73 | Pakistan | 8.67 | 2021 | down 39.9% | falling |
| 74 | Bangladesh | 8.62 | 2025 | down 26.4% | falling |
| 75 | Croatia | 8.58 | 2014 | down 26.9% | volatile |
| 76 | Romania | 8.52 | 2025 | up 25.9% | volatile |
| 77 | Indonesia | 8.5 | 2025 | down 32.9% | falling |
| 78 | Belize | 8.48 | 2025 | down 17.8% | falling |
| 79 | Vanuatu | 8.45 | 2025 | down 17.2% | falling |
| 80 | Samoa | 8.39 | 2025 | down 11.8% | falling |
| 81 | Papua New Guinea | 8.29 | 2024 | down 11.6% | falling |
| 82 | Guyana | 8.23 | 2025 | down 35.8% | falling |
| 83 | Jordan | 8.1 | 2025 | down 4.5% | falling |
| 84 | Barbados | 8.05 | 2022 | down 7.5% | falling |
| 85 | Comoros | 8.03 | 2022 | down 23.5% | falling |
| 86 | Hungary | 8.01 | 2025 | up 176.0% | volatile |
| 87 | Algeria | 8 | 2025 | unchanged | falling |
| 87 | Nepal | 8 | 2011 | up 4.3% | falling |
| 89 | Cape Verde | 7.75 | 2025 | down 25.6% | falling |
| 90 | Tonga | 7.56 | 2025 | down 8.2% | falling |
| 91 | Trinidad and Tobago | 7.5 | 2025 | down 8.3% | falling |
| 92 | Philippines | 7.1 | 2019 | down 17.2% | falling |
| 93 | Saint Vincent and the Grenadines | 7.06 | 2025 | down 24.1% | falling |
| 94 | Panama | 6.91 | 2022 | down 10.6% | falling |
| 95 | Costa Rica | 6.88 | 2025 | down 51.7% | falling |
| 96 | Grenada | 6.86 | 2025 | down 23.5% | falling |
| 97 | Kosovo | 6.65 | 2018 | down 55.1% | falling |
| 98 | Saint Kitts and Nevis | 6.52 | 2025 | down 29.8% | falling |
| 99 | Albania | 6.44 | 2024 | down 19.2% | volatile |
| 100 | Antigua and Barbuda | 6.39 | 2025 | down 35.0% | falling |
| 101 | Montenegro | 6.32 | 2025 | down 29.3% | falling |
| 102 | Botswana | 6.26 | 2024 | down 30.4% | falling |
| 103 | Saint Lucia | 6.25 | 2025 | down 29.4% | falling |
| 104 | Benin | 6.25 | 2021 | up 18.9% | rising |
| 104 | Burkina Faso | 6.25 | 2021 | up 18.9% | rising |
| 106 | Norway | 5.88 | 2025 | up 67.9% | rising |
| 107 | Dominica | 5.77 | 2025 | down 33.4% | falling |
| 108 | Montserrat | 5.76 | 2025 | down 26.4% | falling |
| 109 | West Bank and Gaza | 5.56 | 2021 | down 18.1% | falling |
| 110 | Brunei | 5.5 | 2025 | unchanged | flat |
| 111 | Oman | 5.5 | 2021 | down 15.7% | falling |
| 112 | Macao | 5.45 | 2025 | up 3.8% | falling |
| 113 | North Macedonia | 5.42 | 2025 | down 27.4% | falling |
| 114 | Cote d'Ivoire | 5.29 | 2016 | up 11.8% | falling |
| 114 | Guinea-Bissau | 5.29 | 2016 | up 11.8% | rising |
| 114 | Mali | 5.29 | 2016 | up 11.8% | falling |
| 114 | Niger | 5.29 | 2016 | up 11.8% | falling |
| 114 | Senegal | 5.29 | 2016 | up 11.8% | falling |
| 114 | Togo | 5.29 | 2016 | up 11.8% | falling |
| 120 | Hong Kong | 5.18 | 2025 | up 3.5% | falling |
| 121 | Solomon Islands | 5.18 | 2021 | down 60.7% | falling |
| 122 | Australia | 5.1 | 2019 | down 15.3% | flat |
| 123 | Kuwait | 5.03 | 2025 | up 17.1% | falling |
| 124 | Italy | 4.89 | 2023 | down 4.9% | volatile |
| 125 | Malaysia | 4.82 | 2025 | up 5.7% | falling |
| 126 | Serbia | 4.76 | 2010 | down 94.0% | volatile |
| 127 | Qatar | 4.75 | 2025 | up 7.2% | falling |
| 128 | Malta | 4.71 | 2013 | down 19.6% | falling |
| 129 | Czechia | 4.67 | 2025 | up 9.0% | falling |
| 130 | San Marino | 4.62 | 2025 | up 85.4% | falling |
| 131 | Fiji | 4.56 | 2024 | down 20.8% | falling |
| 132 | Bahamas | 4.25 | 2025 | down 10.5% | falling |
| 133 | Bulgaria | 4.24 | 2025 | down 43.1% | volatile |
| 134 | South Korea | 4.19 | 2025 | up 18.7% | falling |
| 135 | Chile | 4.18 | 2018 | down 68.5% | volatile |
| 136 | Bosnia and Herzegovina | 4.1 | 2025 | down 29.2% | falling |
| 137 | Thailand | 3.94 | 2025 | down 16.7% | volatile |
| 138 | Sweden | 3.68 | 2006 | down 57.9% | falling |
| 139 | United States | 3.25 | 2021 | unchanged | volatile |
| 140 | Israel | 2.96 | 2022 | down 33.0% | falling |
| 141 | Canada | 2.7 | 2017 | down 55.8% | falling |
| 142 | Netherlands | 1.5 | 2013 | down 50.0% | falling |
| 143 | Japan | 0.994 | 2017 | down 47.2% | falling |
| 144 | New Zealand | 0 | 2025 | down 100.0% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
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.