Lending Interest Rate
Lending interest rate by country.
Data quality
Recency and time-series depthGood30latest within 1 year of the series maximum and at least 10 observations
Adequate7latest within 3 years and at least 5 observations
Limited13older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 2019
39 comparable countries| Rank | Country | 2019 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Argentina | 67.25% | 2024 | 61.71% | 15 | 2010–2024 |
| 2 | Brazil | 37.48% | 2024 | 40.23% | 28 | 1997–2024 |
| 3 | Ukraine | 19.82% | 2024 | 19.59% | 33 | 1992–2024 |
| 4 | Egypt | 16.12% | 2024 | 24.29% | 49 | 1976–2024 |
| 5 | Nigeria | 15.38% | 2023 | 14.01% | 54 | 1970–2023 |
| 6 | Peru | 14.39% | 2022 | 12.60% | 38 | 1985–2022 |
| 7 | Kenya | 12.44% | 2024 | 16.59% | 54 | 1971–2024 |
| 8 | Pakistan | 12.23% | 2021 | 8.67% | 18 | 2004–2021 |
| 9 | Colombia | 11.77% | 2024 | 16.37% | 39 | 1986–2024 |
| 10 | Indonesia | 10.37% | 2024 | 8.80% | 39 | 1986–2024 |
| 11 | South Africa | 10.13% | 2024 | 11.63% | 65 | 1960–2024 |
| 12 | Bangladesh | 9.56% | 2024 | 9.85% | 49 | 1976–2024 |
| 13 | India | 9.47% | 2022 | 8.57% | 45 | 1978–2022 |
| 14 | Russia | 8.75% | 2024 | 17.09% | 28 | 1997–2024 |
| 15 | Jordan | 8.67% | 2024 | 8.48% | 28 | 1997–2024 |
| 16 | Mexico | 8.43% | 2024 | 11.22% | 32 | 1993–2024 |
| 17 | Algeria | 8.00% | 2024 | 8.00% | 30 | 1995–2024 |
| 18 | Vietnam | 7.71% | 2023 | 9.32% | 29 | 1993–2023 |
| 19 | Romania | 7.16% | 2024 | 8.76% | 32 | 1993–2024 |
| 20 | Philippines | 7.10% | 2019 | 7.10% | 44 | 1976–2019 |
| 21 | Iceland | 6.95% | 2024 | 12.46% | 43 | 1982–2024 |
| 22 | Oman | 5.41% | 2021 | 5.50% | 38 | 1984–2021 |
| 23 | United States | 5.28% | 2021 | 3.25% | 62 | 1960–2021 |
| 24 | Singapore | 5.25% | 2021 | 5.25% | 44 | 1978–2021 |
| 25 | Hong Kong | 5.10% | 2024 | 5.74% | 35 | 1990–2024 |
| 26 | Australia | 5.10% | 2019 | 5.10% | 60 | 1960–2019 |
| 27 | Qatar | 5.04% | 2024 | 6.18% | 38 | 1979–2024 |
| 28 | Malaysia | 4.88% | 2024 | 5.28% | 56 | 1969–2024 |
| 29 | Kuwait | 4.81% | 2024 | 5.17% | 46 | 1979–2024 |
| 30 | Bulgaria | 4.55% | 2024 | 4.54% | 33 | 1992–2024 |
| 31 | China | 4.35% | 2024 | 4.35% | 45 | 1980–2024 |
| 32 | Thailand | 4.08% | 2024 | 4.51% | 47 | 1976–2024 |
| 33 | Czech Republic | 3.69% | 2024 | 4.71% | 32 | 1993–2024 |
| 34 | Israel | 3.53% | 2022 | 2.96% | 10 | 2013–2022 |
| 35 | South Korea | 3.45% | 2024 | 4.73% | 29 | 1996–2024 |
| 36 | Norway | 3.24% | 2024 | 6.15% | 12 | 2013–2024 |
| 37 | Switzerland | 2.63% | 2024 | 2.98% | 17 | 2008–2024 |
| 38 | Italy | 2.60% | 2024 | 5.25% | 36 | 1989–2024 |
| 39 | Hungary | 1.79% | 2024 | 9.13% | 37 | 1988–2024 |
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.