Indicator: Lending interest rate - Ranking 2024

Description	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.
Unit of measure	%
Aggregation Operator	Average

Source: International Monetary Fund

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Attention, the following countries are not included in this ranking: Canada, France, Germany, India, Iran, Japan, Pakistan, Russian Federation, Saudi Arabia, Spain, Turkey, United Kingdom, United States

	2024
Argentina (1°)	61.7
Brazil (2°)	40.2
Egypt (3°)	24.3
Uzbekistan (4°)	23.1
Mozambique (5°)	21.7
Kyrgyzstan (6°)	19.8
Ukraine (7°)	19.6
Angola (8°)	19.4
Colombia (9°)	16.4
Rwanda (10°)	16.0
Honduras (11°)	16.0
Dominican Republic (12°)	15.3
South Sudan (13°)	14.7
Azerbaijan (14°)	14.7
Armenia (15°)	13.1
Iceland (16°)	12.5
Guatemala (17°)	12.4
Jamaica (18°)	12.0
Georgia (19°)	12.0
South Africa (20°)	11.6
Nicaragua (21°)	11.2
Mexico (22°)	11.2
Namibia (23°)	11.0
Belarus (24°)	10.0
Bangladesh (25°)	9.9
Uruguay (26°)	9.9
Hungary (27°)	9.1
Moldova (28°)	8.9
Romania (29°)	8.8
Indonesia (30°)	8.8
Jordan (31°)	8.5
Algeria (32°)	8.0
Costa Rica (33°)	7.3
Montenegro (34°)	6.6
Albania (35°)	6.4
Botswana (36°)	6.3
Qatar (37°)	6.2
Norway (38°)	6.1
Macedonia (39°)	5.9
Brunei (40°)	5.5
Malaysia (41°)	5.3
Italy (42°)	5.3
Kuwait (43°)	5.2
Czech Repubblic (44°)	4.7
South Korea (45°)	4.7
Bulgaria (46°)	4.6
Bosnia Herzegovina (47°)	4.5
China (48°)	4.4
Thailand (49°)	4.2
Switzerland (50°)	3.0

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