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| Field Listing :: Commercial bank prime lending rate |
| This entry provides a simple average of annualized interest rates commercial banks charge on new loans, denominated in the national currency, to their most credit-worthy customers. | |
| Country Comparison to the World |
Country |
Commercial bank prime lending rate(%) |
|---|
| Afghanistan |
14.92% (31 December 2008)
18.14% (31 December 2007) |
| Albania |
13.02% (31 December 2008)
14.1% (31 December 2007) |
| Algeria |
8% (31 December 2008)
8% (31 December 2007) |
| Angola |
12.53% (31 December 2008)
17.7% (31 December 2007) |
| Anguilla |
9.51% (31 December 2008)
9.76% (31 December 2007) |
| Antigua and Barbuda |
10.43% (31 December 2008)
10.44% (31 December 2007) |
| Argentina |
19.47% (31 December 2008)
28% (28 November 2008) |
| Armenia |
17.05% (31 December 2008)
17.52% (31 December 2007) |
| Aruba |
11.23% (31 December 2008)
11.01% (31 December 2007) |
| Australia |
8.91% (31 December 2008)
10.02% (31 December 2007) |
| Austria |
6.82% (31 December 2008)
6.3% (31 December 2007) |
| Azerbaijan |
19.76% (31 December 2008)
19.13% (31 December 2007) |
| Bahamas, The |
5.5% (31 December 2008)
5.5% (31 December 2007) |
| Bahrain |
NA% (31 December 2008)
8.35% (31 December 2007) |
| Bangladesh |
13% (30 September 2009)
16.38% (31 December 2008) |
| Barbados |
10.03% (31 December 2008)
10.8% (31 December 2007) |
| Belarus |
8.55% (31 December 2008)
8.58% (31 December 2007) |
| Belgium |
7.03% (31 December 2008)
NA (31 December 2007) |
| Belize |
14.14% (31 December 2008)
14.33% (31 December 2007) |
| Benin | NA% |
| Bhutan |
NA% (31 December 2008)
14% (31 December 2007) |
| Bolivia |
13.87% (31 December 2008)
12.86% (31 December 2007) |
| Bosnia and Herzegovina |
6.98% (31 December 2008)
7.17% (31 December 2007) |
| Botswana |
16.54% (31 December 2008)
16.22% (31 December 2007) |
| Brazil |
47.25% (31 December 2008)
43.72% (31 December 2007) |
| Brunei |
5.5% (31 December 2008)
5.5% (February 2009) |
| Bulgaria |
10.86% (31 December 2008)
10% (31 December 2007) |
| Burkina Faso | NA% |
| Burma |
17% (31 December 2008)
17% (31 December 2007) |
| Burundi |
16.52% (31 December 2008)
16.84% (31 December 2007) |
| Cambodia |
17% (31 December 2009)
16.01% (31 December 2008) |
| Cameroon |
NA% (31 December 2008)
15% (31 December 2007) |
| Canada |
4.73% (31 December 2008)
6.1% (31 December 2007) |
| Cape Verde |
9.99% (31 December 2008)
10.55% (31 December 2007) |
| Central African Republic |
NA% (31 December 2008)
15% (31 December 2007) |
| Chad |
NA% (31 December 2008)
15% (31 December 2007) |
| Chile |
13.26% (31 December 2008)
8.67% (31 December 2007) |
| China |
5.31% (31 December 2008)
5.58% (17 December 2007) |
| Colombia |
9.57% (31 December 2009)
17.18% (31 December 2008) |
| Comoros |
7% (31 December 2008)
10.5% (31 December 2007) |
| Congo, Democratic Republic of the | NA% |
| Congo, Republic of the |
NA% (31 December 2008)
15% (31 December 2007) |
| Costa Rica |
15.83% (31 December 2008)
12.8% (31 December 2007) |
| Cote d'Ivoire | NA% |
| Croatia |
9.85% (30 November 2009)
10.07% (31 December 2008) |
| Cuba | NA% |
| Cyprus |
7.19% (31 December 2008)
6.74% (31 December 2007) |
| Czech Republic |
6.25% (31 December 2008)
5.79% (31 December 2007) |
| Denmark | NA% |
| Djibouti | 11.56% (31 December 2008) |
| Dominica |
9.06% (31 December 2008)
9.17% (31 December 2007) |
| Dominican Republic |
19.95% (31 December 2008)
15.83% (31 December 2007) |
| Ecuador |
19% (31 December 2009)
9.14% (31 December 2008) |
| Egypt |
NA% (31 December 2008)
12.51% (31 December 2007) |
| El Salvador |
12.33% (31 December 2008)
7.81% (31 December 2007) |
| Equatorial Guinea |
NA% (31 December 2008)
15% (31 December 2007) |
| Eritrea | NA% |
| Estonia |
8.55% (31 December 2008)
6.46% (31 December 2007) |
| Ethiopia |
8% (31 December 2008)
7% (31 December 2006) |
| European Union |
8.6% (31 December 2008)
8.03% (31 December 2007) |
| Fiji |
7.97% (31 December 2008)
9.01% (31 December 2007) |
| Finland | 5.79% (31 December 2008) |
| France | 8.13% (31 December 2008) |
| Gabon |
NA% (31 December 2008)
15% (31 December 2007) |
| Gambia, The |
NA% (31 December 2008)
27.92% (31 December 2007) |
| Gaza Strip | see entry for West Bank |
| Georgia |
22% (31 December 2009)
20.8% (31 December 2008) |
| Germany |
5.97% (31 December 2008)
5.96% (31 December 2007) |
| Ghana | NA% |
| Greece |
8.65% (31 December 2008)
7.71% (31 December 2007) |
| Grenada |
9.53% (31 December 2008)
9.76% (31 December 2007) |
| Guatemala |
13.39% (31 December 2008)
12.84% (31 December 2007) |
| Guinea |
NA% (31 December 2008)
NA% (31 December 2008) |
| Guinea-Bissau | NA% (31 December 2008) |
| Guyana |
14.58% (31 December 2008)
14.61% (31 December 2007) |
| Haiti |
17.81% (31 December 2008)
46.99% (31 December 2007) |
| Honduras |
17.94% (31 December 2008)
16.61% (31 December 2007) |
| Hong Kong |
5% (31 December 2009)
5% (31 December 2008) |
| Hungary |
6.66% (31 December 2009)
10.18% (31 December 2008) |
| Iceland |
NA% (31 December 2008)
19.29% (31 December 2007) |
| India |
11% (31 December 2009 est.)
13.31% (31 December 2008) |
| Indonesia |
13.6% (31 December 2008)
7.21% (31 December 2007) |
| Iran |
NA% (31 December 2008)
12% (31 December 2007) |
| Iraq |
9% (31 December 2009)
17% (31 December 2008) |
| Ireland |
6.76% (31 December 2008)
6.52% (31 December 2007) |
| Israel |
6.06% (31 December 2008)
6.27% (31 December 2007) |
| Italy |
11.34% (31 December 2008)
10.93% (31 December 2007) |
| Jamaica |
16.83% (31 December 2008)
17.2% (31 December 2007) |
| Japan | 1.91% (31 December 2008) |
| Jordan | 9.03% (31 December 2008) |
| Kazakhstan | NA% |
| Kenya |
14.02% (31 December 2008)
13.34% (31 December 2007) |
| Korea, South | 7.17% (31 December 2008) |
| Kosovo | 13.79% (31 December 2008) |
| Kuwait |
5.9% (31 December 2009)
7.61% (31 December 2008) |
| Kyrgyzstan |
19.86% (31 December 2008)
25.32% (31 December 2007) |
| Laos |
11% (30 November 2009)
24% (31 December 2008) |
| Latvia | 11.85% (31 December 2008) |
| Lebanon |
9.62% (30 November 2009)
9.96% (31 December 2008) |
| Lesotho |
16.19% (31 December 2008)
14.13% (31 December 2007) |
| Liberia |
14.4% (31 December 2008)
15.05% (31 December 2007) |
| Libya |
8.41% (31 December 2008)
6% (31 December 2007) |
| Lithuania |
3.27% (February 2010)
10.15% (31 December 2008) |
| Macau |
5.25% (31 December 2009)
5.43% (31 December 2008) |
| Macedonia |
9.33% (31 December 2009)
9.68% (31 December 2008) |
| Madagascar |
45% (31 December 2008)
45% (31 December 2007) |
| Malawi |
25.28% (31 December 2008)
27.72% (31 December 2007) |
| Malaysia |
6.08% (31 December 2008)
6.41% (31 December 2007) |
| Maldives |
13% (31 October 2009)
13% (31 December 2008) |
| Mali | NA% |
| Malta |
5.89% (31 December 2008)
6.24% (31 December 2007) |
| Mauritania | NA% |
| Mauritius |
21.54% (31 December 2008)
21.87% (31 December 2007) |
| Mexico |
4.9% (31 December 2009)
8.71% (31 December 2008) |
| Micronesia, Federated States of |
14.38% (31 December 2008)
14.03% (31 December 2007) |
| Moldova |
21.06% (31 December 2008)
18.83% (31 December 2007) |
| Mongolia |
8% (2009)
18% (31 December 2008) |
| Montenegro |
9.24% (31 December 2008)
9.09% (31 December 2007) |
| Montserrat |
9.89% (31 December 2008)
10.4% (31 December 2007) |
| Morocco | 6.5% (31 December 2008) |
| Mozambique |
18.31% (31 December 2008)
19.52% (31 December 2007) |
| Namibia |
13.74% (31 December 2008)
12.88% (31 December 2007) |
| Nepal | NA% |
| Netherlands |
10.01% (31 December 2009)
10.37% (31 December 2008) |
| Netherlands Antilles |
8.33% (31 December 2008)
9.21% (31 December 2007) |
| New Zealand |
12.06% (31 December 2008)
12.83% (31 December 2007) |
| Nicaragua |
13.17% (31 December 2008)
13.04% (31 December 2007) |
| Niger | NA% |
| Nigeria |
15.48% (31 December 2008)
16.94% (31 December 2007) |
| Norway |
7.28% (31 December 2008)
3.5% (1st quarter 2009) |
| Oman |
7.1% (31 December 2008)
7.29% (31 December 2007) |
| Pakistan | NA% |
| Panama |
8.16% (31 December 2008)
8.25% (31 December 2007) |
| Papua New Guinea |
9.27% (31 December 2008)
9.78% (31 December 2007) |
| Paraguay |
28.26% (31 December 2009)
25.81% (31 December 2008) |
| Peru |
23.67% (31 December 2008)
24.1% (December 2008) |
| Philippines |
6.89% (31 December 2009)
8.75% (31 December 2008) |
| Poland |
NA% (31 December 2008)
5.72% (31 December 2007) |
| Portugal |
8.35% (31 December 2008)
7.92% (31 December 2007) |
| Qatar |
6.84% (31 December 2008)
7.43% (31 December 2007) |
| Romania |
14.99% (31 December 2008)
13.35% (31 December 2007) |
| Russia |
12.23% (2008 average)
10.03% (2007 average) |
| Rwanda |
16.51% (31 December 2008)
15.84% (31 December 2007) |
| Saint Kitts and Nevis |
8.69% (31 December 2008)
8.89% (31 December 2007) |
| Saint Lucia |
10.08% (31 December 2008)
8.34% (31 December 2007) |
| Saint Vincent and the Grenadines |
9.52% (31 December 2008)
8.8% (31 December 2007) |
| Samoa |
12.66% (31 December 2008)
12.65% (31 December 2007) |
| San Marino |
NA% (31 December 2008)
7.58% (31 December 2007) |
| Sao Tome and Principe |
32.4% (31 December 2008)
32.4% (31 December 2007) |
| Saudi Arabia | NA% |
| Senegal | NA% |
| Serbia |
11.78% (31 December 2009)
18.11% (31 December 2008) |
| Seychelles |
11.81% (31 December 2008)
10.89% (31 December 2007) |
| Sierra Leone |
24.5% (31 December 2008)
25% (31 December 2007) |
| Singapore |
5.38% (31 December 2009 est.)
5.38% (31 December 2008) |
| Slovakia | NA% |
| Slovenia |
7.41% (31 December 2008)
6.82% (31 December 2007) |
| Solomon Islands |
14.44% (31 December 2008)
14.12% (31 December 2007) |
| Somalia | NA% |
| South Africa |
15.13% (31 December 2008)
13.17% (31 December 2007) |
| Spain | 11.02% (31 December 2008) |
| Sri Lanka |
10.91% (31 December 2009)
18.89% (31 December 2008) |
| Suriname |
12.23% (31 December 2008)
9.71% (31 December 2007) |
| Swaziland |
14.83% (31 December 2008)
13.17% (31 December 2007) |
| Sweden |
NA% (31 December 2008)
4% (2004) |
| Switzerland |
3.34% (31 December 2008)
3.15% (31 December 2007) |
| Syria | NA% |
| Taiwan |
2.56% (31 December 2009)
4.06% (2008 est.) |
| Tajikistan | 23.1% (31 December 2008) |
| Tanzania |
14.98% (31 December 2008)
16.03% (31 December 2007) |
| Thailand |
6.05% (31 December 2009)
7.04% (31 December 2008) |
| Timor-Leste |
13.11% (31 December 2008)
15.05% (31 December 2007) |
| Togo | NA% |
| Tonga |
12.46% (31 December 2008)
12.16% (31 December 2007) |
| Trinidad and Tobago |
12.44% (31 December 2008)
11.75% (31 December 2007) |
| Tunisia | NA% |
| Turkey | NA% |
| Uganda |
20.45% (31 December 2008)
19.11% (31 December 2007) |
| Ukraine |
19.6% (31 December 2009)
17.49% (31 December 2008) |
| United Kingdom |
4.63% (31 December 2008)
5.52% (31 December 2007) |
| United States |
5.09% (31 December 2008)
8.05% (31 December 2007) |
| Uruguay |
12.45% (31 December 2008)
7.25% (31 December 2007) |
| Vanuatu |
5.29% (31 December 2008)
8.16% (31 December 2007) |
| Venezuela |
22.37% (31 December 2008)
17.11% (31 December 2007) |
| Vietnam |
15.78% (31 December 2008)
11.18% (31 December 2007) |
| West Bank |
7.19% (31 December 2008)
7.73% (31 December 2006) |
| Yemen |
18% (31 December 2008)
18% (31 December 2007) |
| Zambia |
19.06% (31 December 2008)
18.89% (31 December 2007) |
| Zimbabwe |
NA% (31 December 2008)
578.96% (31 December 2007) |