Which country has the highest Prime Lending Rate?

Zimbabwe has the highest Prime Lending Rate, at 77.6%, followed by Brazil (57.7%) and Argentina (52.4%).

Which country has the lowest Prime Lending Rate?

Peru has the lowest Prime Lending Rate, at 0.86%.

What is the median Prime Lending Rate across countries?

The median is 8% across the 162 countries with data.

Country rankings

Commercial Bank Prime Lending Rate by Country

Zimbabwe has the highest Prime Lending Rate (77.6%), followed by Brazil (57.7%) and Argentina (52.4%). Peru has the lowest (0.86%).

Economics162 countries · 2 metricsUpdated Nov 8, 2023Original page

2 sources

ShowingPrime Lending RateBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →

162 of 235 countries

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Prime Lending Rate

Darker means higher. Click a place to highlight it.

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Ranking

Highest first: the first 15 and last 5 of 162 countries.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median

Middle half 5.53% – 12.9%

Average

10.9%

162 countries

Highest

77.6%

Zimbabwe

Lowest

0.86%

Peru

Data

Click a column to sort, a row to highlight that place on the charts.

162 countries · # = rank by Prime Lending Rate

#
1	Zimbabwe	77.6%	2023-08
2	Brazil	57.7%	2023-08
3	Argentina	52.4%	2,022
4	Madagascar	48.8%	2,022
5	Somalia	33.7%	1,988
6	Malawi	25.4%	2,022
7	Tajikistan	23.5%	2,019
8	DR Congo	23.3%	2,021
9	Laos	22.6%	2,010
10	Yemen	22.1%	2,013
11	Uzbekistan	21.7%	2,022
12	Venezuela	21.1%	2,017
13	Ukraine	20.2%	2023-09
14	Mozambique	20.1%	2,022
15	Uganda	19.8%	2,018
16	Gambia	19.5%	2,021
17	Angola	19.3%	2023-09
18	Egypt	19.1%	2023-09
19	Sierra Leone	18.9%	2,021
20	Kyrgyzstan	18.7%	2,022
21	Sao Tome and Principe	18.5%	2,021
22	Iran	18.0%	2,016
23	Mauritania	17.0%	2,017
24	Rwanda	16.4%	2,022
25	South Sudan	16.3%	2,022
26	Mongolia	16.0%	2,021
27	Colombia	15.8%	2,022
28	Myanmar	14.8%	2,020
28	Afghanistan	14.8%	2,017
30	Suriname	14.7%	2,022
31	Sri Lanka	14.7%	2023-09
32	Honduras	14.6%	2,022
32	Azerbaijan	14.6%	2,022
34	Chile	14.3%	2023-09
35	Bhutan	14.0%	2,022
36	Kenya	13.8%	2023-08
37	Georgia	13.7%	2,022
38	Tanzania	13.3%	2023-08
39	Haiti	13.3%	2,021
40	Hungary	13.3%	2023-10
41	Guinea	12.9%	2,001
42	Belarus	12.7%	2,022
43	New Zealand	12.6%	2023-10
44	Micronesia	12.6%	2,021
45	Paraguay	12.5%	2,021
46	Liberia	12.4%	2023-07
47	Iraq	12.4%	2,016
48	Nigeria	12.3%	2,022
49	Russia	12.2%	2023-08
50	Guatemala	11.9%	2,022
50	Dominican Republic	11.9%	2,022
52	Burundi	11.8%	2,022
52	Moldova	11.8%	2,022
54	South Africa	11.8%	2023-09
55	Armenia	11.7%	2,022
56	Jamaica	11.4%	2,022
57	Jordan	11.4%	2,022
58	Bahamas	11.2%	2023-06
59	Timor-Leste	11.0%	2,022
60	Uruguay	10.9%	2,022
60	Maldives	10.9%	2,022
62	Australia	10.5%	2023-10
63	Lebanon	10.5%	2,019
64	India	10.1%	2023-10
65	Albania	9.75%	2023-08
66	Zambia	9.5%	2,020
66	Mauritius	9.5%	2023-09
68	Seychelles	9.1%	2,022
69	Lesotho	9%	2,022
70	Nicaragua	8.91%	2023-09
71	Vanuatu	8.8%	2,022
72	Pakistan	8.7%	2,021
73	Namibia	8.6%	2,022
74	United States	8.5%	2023-10
74	Indonesia	8.5%	2,022
74	Eswatini	8.5%	2,022
74	Belize	8.5%	2,022
78	Guyana	8.4%	2,022
79	Samoa	8.3%	2,022
80	Mexico	8.2%	2,022
81	Ethiopia	8%	2,008
81	Vietnam	8%	2,022
81	Algeria	8%	2,022
81	Papua New Guinea	8%	2,022
81	Comoros	8%	2,022
86	Tonga	7.9%	2,022
87	Finland	7.87%	2023-10
88	Romania	7.8%	2,022
88	Cape Verde	7.8%	2,022
90	Iceland	7.6%	2,022
91	Trinidad and Tobago	7.5%	2,022
92	Costa Rica	7.4%	2,022
92	Saint Vincent and the Grenadines	7.4%	2,022
94	Antigua and Barbuda	7.3%	2,022
95	Canada	7.2%	2023-10
96	Bangladesh	7.1%	2,022
96	Philippines	7.1%	2,019
96	Estonia	7.1%	2023-09
96	Saint Kitts and Nevis	7.1%	2,022
100	Panama	6.9%	2,022
101	Aruba	6.8%	2,020
102	Botswana	6.76%	2023-08
103	Thailand	6.75%	2023-09
104	Latvia	6.72%	2023-09
105	Saint Lucia	6.5%	2,022
105	Dominica	6.5%	2,022
107	Bahrain	6.44%	2023-03
108	Grenada	6.4%	2,022
109	Burkina Faso	6.3%	2,021
109	Benin	6.3%	2,021
111	United Kingdom	6.25%	2023-11
112	Germany	6.04%	2023-09
113	Bolivia	6.01%	2023-07
114	Libya	6%	2,014
115	Portugal	5.99%	2023-09
116	Greece	5.95%	2023-09
117	Israel	5.88%	2023-02
117	Hong Kong	5.88%	2023-10
119	Italy	5.75%	2023-09
120	Slovakia	5.73%	2023-09
121	Montenegro	5.6%	2,022
122	Oman	5.5%	2,021
122	Brunei	5.5%	2,022
124	Malaysia	5.49%	2023-09
124	Belgium	5.49%	2023-09
126	Austria	5.43%	2023-08
127	Fiji	5.4%	2,022
128	Slovenia	5.31%	2023-09
129	Singapore	5.3%	2,021
129	Macau	5.3%	2,022
131	Solomon Islands	5.2%	2,021
132	South Korea	5.17%	2023-09
133	Malta	5.12%	2023-09
134	Ivory Coast	5.1%	2,017
134	Niger	5.1%	2,017
134	Mali	5.1%	2,017
134	Senegal	5.1%	2,017
134	Togo	5.1%	2,017
134	Guinea-Bissau	5.1%	2,017
140	Kuwait	4.85%	2023-06
141	Serbia	4.8%	2,010
142	Luxembourg	4.66%	2023-09
143	Qatar	4.6%	2,022
143	North Macedonia	4.6%	2,022
145	China	4.35%	2023-11
146	France	4.34%	2023-09
147	Croatia	4.28%	2023-08
148	Netherlands	4.23%	2023-09
149	Czechia	4.2%	2,022
150	Ireland	4.15%	2023-08
151	Barbados	4%	2023-08
152	San Marino	3.8%	2,022
153	Denmark	3.75%	2023-10
154	Sweden	3.7%	2,006
154	Bulgaria	3.7%	2,022
156	Bosnia and Herzegovina	3.4%	2,022
157	Norway	3.2%	2,022
158	Taiwan	3.13%	2023-09
159	Spain	2.82%	2023-09
160	Switzerland	2.6%	2,022
161	Japan	1.5%	2023-10
162	Peru	0.86%	2023-10

What correlates with Prime Lending Rate?

Pearson r against 1,425 other country metrics sharing at least 98 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Prime Lending Rate tend to score higher on these (or rank better)

Interest RateInterest Rates by Country
r = +0.72 · very strong · n = 132
Plot
EconomyFailed States
r = +0.42 · moderate · n = 150
Plot
Undernourishment RateHunger Rates by Country
r = +0.41 · moderate · n = 143
Plot
Individuals Making Under $10kWealth Inequality by Country
r = +0.40 · moderate · n = 147
Plot
Demographic PressuresFailed States
r = +0.40 · moderate · n = 150
Plot
Vulnerability Score (lower is better)Countries that Still Have Slavery
r = +0.39 · moderate · n = 132
Plot

Opposite directions

Places that have a higher Prime Lending Rate tend to score lower on these (or rank worse)

Economic Freedom ScoreFreest Countries
r = −0.45 · moderate · n = 142
Plot
EFW Score (Fraser)Capitalist Countries
r = −0.44 · moderate · n = 142
Plot
LP Enterprise ConditionsLegatum Prosperity IndexA rank: rank 1 is the best
r = −0.44 · moderate · n = 141
Plot
GII Institutions RankMost Innovative CountriesA rank: rank 1 is the best
r = −0.43 · moderate · n = 117
Plot
LP Economic QualityLegatum Prosperity IndexA rank: rank 1 is the best
r = −0.43 · moderate · n = 141
Plot
Average Age Upon Birth of First Child (CIA)Average Age of Having First Child by Country
r = −0.43 · moderate · n = 103
Plot

Quick answers

Which country has the highest Prime Lending Rate?: Zimbabwe has the highest Prime Lending Rate, at 77.6%, followed by Brazil (57.7%) and Argentina (52.4%).
Which country has the lowest Prime Lending Rate?: Peru has the lowest Prime Lending Rate, at 0.86%.
What is the median Prime Lending Rate across countries?: The median is 8% across the 162 countries with data.
Where does this commercial bank prime lending rate by country data come from?: Rankodex compiles it from World Population Review and the primary sources it cites: Bank Lending Rate - Trading Economics; Lending interest rate (%) - The World Bank.

Higher together

Opposite directions

Quick answers

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