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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	15.15% (31 December 2011 est.) 15.222% (31 December 2009 est.)


Albania	12.43% (31 December 2011 est.) 12.833% (31 December 2010 est.)


Algeria	8% (31 December 2011 est.) 8% (31 December 2010 est.)


Angola	18.76% (31 December 2011 est.) 22.68% (31 December 2010 est.)


Anguilla	8.9% (31 December 2011 est.) 10.6% (31 December 2010 est.)


Antigua and Barbuda	10.91% (31 December 2011 est.) 11.025% (31 December 2010 est.)


Argentina	14.09% (31 December 2011 est.) 10.558% (31 December 2010 est.)


Armenia	17.75% (31 December 2011 est.) 18.9% (31 December 2010 est.) note: average lending rate on loans up to one year


Aruba	9.66% (31 December 2011 est.) 10.3% (31 December 2010 est.)


Australia	7.74% (31 December 2011 est.) 7.279% (31 December 2010 est.)


Austria	3% (31 December 2011 est.) 2.564% (31 December 2010 est.)


Azerbaijan	18.99% (31 December 2011 est.) 21% (31 December 2010 est.)


Bahamas, The	5.06% (31 December 2011 est.) 5.5% (31 December 2010 est.)


Bahrain	6.79% (31 December 2011 est.) 7.25% (31 December 2010 est.)


Bangladesh	13.25% (31 December 2011 est.) 13% (31 December 2010 est.)


Barbados	8.7% (31 December 2011 est.) 8.7% (31 December 2010 est.)


Belarus	13.58% (31 December 2011 est.) 9.217% (31 December 2010 est.)


Belgium	4.4% (31 December 2011 est.) 4.21% (31 December 2010 est.)


Belize	13.36% (31 December 2011 est.) 13.9% (31 December 2010 est.)


Benin	NA%


Bhutan	14.5% (31 December 2011 est.) 14.5% (31 December 2010 est.)


Bolivia	10.92% (31 December 2011 est.) 10.4% (31 December 2010 est.)


Bosnia and Herzegovina	7.43% (31 December 2011 est.) 7.89% (31 December 2010 est.)


Botswana	11% (31 December 2011 est.) 11.46% (31 December 2010 est.)


Brazil	43.88% (31 December 2011 est.) 39.992% (31 December 2010 est.)


Brunei	5.5% (31 December 2011 est.) 5.5% (31 December 2010 est.)


Bulgaria	10.63% (31 December 2011 est.) 11.144% (31 December 2010 est.)


Burkina Faso	NA%


Burma	16.33% (31 December 2011 est.) 17% (31 December 2010 est.)


Burundi	13.33% (31 December 2011 est.) 12.4% (31 December 2010 est.)


Cambodia	15.6% (31 December 2011 est.) 15.633% (31 December 2010 est.)


Cameroon	14.5% (31 December 2011 est.) 14% (31 December 2010 est.)


Canada	3% (31 December 2011 est.) 2.604% (31 December 2010 est.)


Cape Verde	9.81% (31 December 2011 est.) 11% (31 December 2010 est.)


Central African Republic	15% (31 December 2011 est.) 15% (31 December 2010 est.)


Chad	15% (31 December 2011 est.) 14% (31 December 2010 est.)


Chile	9.03% (31 December 2011 est.) 4.753% (31 December 2010 est.)


China	6.56% (31 December 2011 est.) 5.81% (31 December 2010 est.)


Colombia	11.22% (31 December 2011 est.) 9.383% (31 December 2010 est.)


Comoros	10.5% (31 December 2011 est.) 10.5% (31 December 2010 est.)


Congo, Democratic Republic of the	43.75% (31 December 2011 est.) 56.8% (31 December 2010 est.)


Congo, Republic of the	15.3% (31 December 2011 est.) 14.8% (31 December 2010 est.)


Costa Rica	16.15% (31 December 2011 est.) 17.091% (31 December 2010 est.)


Cote d'Ivoire	4.8% (31 December 2011 est.) 4.3% (31 December 2010 est.)


Croatia	9.68% (31 December 2011 est.) 10.38% (31 December 2010 est.)


Cuba	NA%


Cyprus	7.5% (31 December 2011 est.) 6.815% (31 December 2010 est.)


Czech Republic	5.72% (31 December 2011 est.) 5.889% (31 December 2010 est.)


Denmark	4.3% (31 December 2011 est.) 4.3% (31 December 2010 est.)


Djibouti	10.61% (31 December 2011 est.) 10.3% (31 December 2010 est.)


Dominica	9.19% (31 December 2011 est.) 9.475% (31 December 2010 est.)


Dominican Republic	15.55% (31 December 2011 est.) 12.14% (31 December 2010 est.)


Ecuador	8.17% (31 December 2011 est.) 9% (31 December 2010 est.)


Egypt	11.03% (31 December 2011 est.) 11.008% (31 December 2010 est.)


El Salvador	7% (31 December 2011 est.) 7.62% (31 December 2010 est.)


Equatorial Guinea	15% (31 December 2011 est.) 15% (31 December 2010 est.)


Eritrea	NA%


Estonia	6.12% (31 December 2011 est.) 7.759% (31 December 2010 est.)


Ethiopia	15% (31 December 2011 est.) 14.5% (31 December 2010 est.)


European Union	5.9% (31 December 2010 est.) 7.52% (31 December 2009 est.)


Fiji	7.47% (31 December 2011 est.) 7.5% (31 December 2010 est.)


Finland	2.68% (31 December 2011 est.) 2.267% (31 December 2010 est.)


France	3.6% (31 December 2011 est.) 3.373% (31 December 2010 est.)


Gabon	15% (31 December 2011 est.) 15% (31 December 2010 est.)


Gambia, The	28% (31 December 2011 est.) 28% (31 December 2010 est.)


Gaza Strip	see entry for West Bank


Georgia	25.87% (31 December 2011 est.) 24.213% (31 December 2010 est.)


Germany	8.4% (31 December 2011 est.) 4.96% (31 December 2009 est.)


Ghana	20.6% (31 December 2011 est.) 22.7% (31 December 2010 est.)


Greece	7% (31 December 2011 est.) 5.984% (31 December 2010 est.)


Grenada	10.69% (31 December 2011 est.) 10.6% (31 December 2010 est.)


Guatemala	13.43% (31 December 2011 est.) 13.34% (31 December 2010 est.)


Guinea	28% (31 December 2011 est.) 24% (31 December 2010 est.)


Guinea-Bissau	15.3% (31 December 2011 est.) 15% (31 December 2010 est.)


Guyana	14.45% (31 December 2011 est.) 14.54% (31 December 2010 est.)


Haiti	11.61% (31 December 2011 est.) 17.5% (31 December 2010 est.)


Honduras	18.56% (31 December 2011 est.) 18.87% (31 December 2010 est.)


Hong Kong	5% (31 December 2011 est.) 5% (31 December 2010 est.)


Hungary	8.32% (31 December 2011 est.) 7.57% (31 December 2010 est.)


Iceland	7.7% (31 December 2011 est.) 10.242% (31 December 2010 est.)


India	10.17% (31 December 2011 est.) 10.167% (31 December 2010 est.)


Indonesia	12.4% (31 December 2011 est.) 13.252% (31 December 2010 est.) note: these figures represent the average annualized rate on working capital loans


Iran	12.5% (31 December 2011 est.) 12.5% (31 December 2010 est.)


Iraq	14.13% (31 December 2011 est.) 6% (31 December 2010 est.)


Ireland	3.5% (31 December 2011 est.) 5.45% (31 December 2010 est.)


Israel	5.54% (31 December 2011 est.) 4.492% (31 December 2010 est.)


Italy	4.55% (31 December 2011 est.) 4.032% (31 December 2010 est.)


Jamaica	19.51% (31 December 2011 est.) 16% (31 December 2010 est.)


Japan	1.5% (31 December 2011 est.) 1.475% (31 December 2010 est.)


Jordan	8.71% (31 December 2011 est.) 8.9% (31 December 2010 est.)


Kazakhstan	7.1% (31 December 2011 est.) 8.161% (31 December 2010 est.)


Kenya	15.05% (31 December 2011 est.) 14.37% (31 December 2010 est.)


Korea, South	5.76% (31 December 2011 est.) 5.508% (31 December 2010 est.)


Kosovo	13.86% (31 December 2011 est.) 14.31% (31 December 2010 est.)


Kuwait	5.19% (31 December 2011 est.) 2.9% (31 December 2010 est.)


Kyrgyzstan	40.21% (31 December 2011 est.) 29.425% (31 December 2010 est.)


Laos	22% (31 December 2011 est.) 22.613% (31 December 2010 est.)


Latvia	6.39% (31 December 2011 est.) 9.56% (31 December 2010 est.)


Lebanon	7.53% (31 December 2011 est.) 8.337% (31 December 2010 est.)


Lesotho	10.43% (31 December 2011 est.) 11.2% (31 December 2010 est.)


Liberia	13.75% (31 December 2011 est.) 14.3% (31 December 2010 est.)


Libya	6% (31 December 2011 est.) 6% (31 December 2010 est.)


Lithuania	5.5% (31 December 2011 est.) 5.988% (31 December 2010 est.)


Macau	5.25% (31 December 2011 est.) 5.3% (31 December 2010 est.)


Macedonia	8.87% (31 December 2011 est.) 7.9% (31 December 2010 est.)


Madagascar	52.5% (31 December 2011 est.) 46% (31 December 2010 est.)


Malawi	23.75% (31 December 2011 est.) 24.675% (31 December 2010 est.)


Malaysia	4.92% (31 December 2011 est.) 5.05% (31 December 2010 est.)


Maldives	10.2% (31 December 2011 est.) 13% (31 December 2009 est.)


Mali	9% (31 December 2011 est.) 9.2% (31 December 2010 est.)


Malta	4.75% (31 December 2011 est.) 4.617% (31 December 2010 est.)


Mauritania	17% (31 December 2011 est.) 17% (31 December 2010 est.)


Mauritius	8.92% (31 December 2011 est.) 19.25% (31 December 2010 est.)


Mexico	4.92% (31 December 2011 est.) 5.287% (31 December 2010 est.)


Micronesia, Federated States of	14.35% (31 December 2011 est.) 15.38% (31 December 2009 est.)


Moldova	14.44% (31 December 2011 est.) 16.36% (31 December 2010 est.)


Mongolia	16.61% (31 December 2011 est.) 17.9% (31 December 2010 est.)


Montenegro	9.69% (31 December 2011 est.) 9.53% (31 December 2010 est.)


Montserrat	8.6% (31 December 2011 est.) 8.728% (31 December 2010 est.)


Morocco	6.5% (31 December 2011 est.) 6.3% (31 December 2010 est.)


Mozambique	19.1% (31 December 2011 est.) 16.263% (31 December 2010 est.)


Namibia	8.73% (31 December 2011 est.) 9.72% (31 December 2010 est.)


Nepal	7.5% (31 December 2011 est.) 8% (31 December 2010 est.)


Netherlands	2% (31 December 2011 est.) 3.013% (31 December 2010 est.)


New Zealand	6.11% (31 December 2011 est.) 10.095% (31 December 2010 est.)


Nicaragua	10.54% (31 December 2011 est.) 13.32% (31 December 2010 est.)


Niger	4.5% (31 December 2011 est.) 4.3% (31 December 2010 est.)


Nigeria	16.02% (31 December 2011 est.) 17.585% (31 December 2010 est.)


Norway	5% (31 December 2011 est.) 4.6% (31 December 2010 est.)


Oman	6.19% (31 December 2011 est.) 6.835% (31 December 2010 est.)


Pakistan	14.42% (31 December 2011 est.) 14.12% (31 December 2010 est.)


Panama	6.91% (31 December 2011 est.) 7.74% (31 December 2010 est.)


Papua New Guinea	10.81% (31 December 2011 est.) 10.45% (31 December 2010 est.)


Paraguay	28.94% (31 December 2011 est.) 26.04% (31 December 2010 est.)


Peru	18.68% (31 December 2011 est.) 3.63% (31 December 2010 est.) note: domestic currency lending rate


Philippines	6.66% (31 December 2011 est.) 7.673% (31 December 2010 est.)


Poland	8.2% (31 December 2011 est.) 8.367% (31 December 2010 est.)


Portugal	5.7% (31 December 2011 est.) 4.225% (31 December 2010 est.)


Qatar	5.49% (31 December 2011 est.) 7.34% (31 December 2010 est.)


Romania	12.13% (31 December 2011 est.) 12.65% (31 December 2010 est.)


Russia	8.46% (31 December 2011 est.) 10.817% (31 December 2010 est.)


Rwanda	16% (31 December 2011 est.) 16% (31 December 2010 est.)


Saint Kitts and Nevis	8.84% (31 December 2011 est.) 8.625% (31 December 2010 est.)


Saint Lucia	10.2% (31 December 2011 est.) 10.625% (31 December 2010 est.)


Saint Vincent and the Grenadines	9.14% (31 December 2011 est.) 9.2% (31 December 2010 est.)


Samoa	9.96% (31 December 2011 est.) 10.725% (31 December 2010 est.)


San Marino	5.92% (31 December 2011 est.) 5.74% (31 December 2009 est.)


Sao Tome and Principe	26.95% (31 December 2011 est.) 20% (31 December 2010 est.)


Saudi Arabia	7.2% (31 December 2011 est.) 7.2% (31 December 2010 est.)


Senegal	15% (31 December 2011 est.) 14.5% (31 December 2010 est.)


Serbia	17.17% (31 December 2011 est.) 12.43% (31 December 2010 est.)


Seychelles	11.19% (31 December 2011 est.) 12.703% (31 December 2010 est.)


Sierra Leone	21% (31 December 2011 est.) 21.25% (31 December 2010 est.)


Singapore	5.38% (31 December 2011 est.) 5.38% (31 December 2010 est.)


Slovakia	3.8% (31 December 2011 est.) 3.39% (31 December 2010 est.)


Slovenia	5.9% (31 December 2011 est.) 5.681% (31 December 2010 est.)


Solomon Islands	13.17% (31 December 2011 est.) 14.4% (31 December 2010 est.)


Somalia	NA%


South Africa	9% (31 December 2011 est.) 9.833% (31 December 2010 est.)


Spain	8.3% (31 December 2011 est.) 7.223% (31 December 2010 est.)


Sri Lanka	9.41% (31 December 2011 est.) 9.29% (31 December 2010 est.)


Suriname	11.76% (31 December 2011 est.) 11.55% (31 December 2010 est.)


Swaziland	9% (31 December 2011 est.) 9.75% (31 December 2010 est.)


Sweden	4.3% (31 December 2011 est.) 3.386% (31 December 2010 est.)


Switzerland	2.72% (31 December 2011 est.) 2.733% (31 December 2010 est.)


Syria	10.5% (31 December 2011 est.) 10% (31 December 2010 est.)


Taiwan	2.8% (31 December 2011 est.) 2.676% (31 December 2010 est.)


Tajikistan	24.84% (31 December 2011 est.) 21.73% (31 December 2010 est.)


Tanzania	14.96% (31 December 2011 est.) 14.55% (31 December 2010 est.)


Thailand	6.91% (31 December 2011 est.) 6.31% (31 December 2010 est.)


Timor-Leste	11.04% (31 December 2011 est.) 11% (31 December 2010 est.)


Togo	NA%


Tonga	11.37% (31 December 2011 est.) 11.53% (31 December 2010 est.)


Trinidad and Tobago	7.97% (31 December 2011 est.) 9.3% (31 December 2010 est.)


Tunisia	7.31% (31 December 2010 est.) 7.305% (31 December 2010 est.)


Turkey	16% (31 December 2011 est.) 19% (31 December 2010 est.)


Uganda	21.83% (31 December 2011 est.) 20.17% (31 December 2010 est.)


Ukraine	15.95% (31 December 2011 est.) 15.869% (31 December 2010 est.)


United Kingdom	4% (31 December 2011 est.) 3.962% (31 December 2010 est.)


United States	3.25% (31 December 2011 est.) 3.25% (31 December 2010 est.)


Uruguay	9.78% (31 December 2011 est.) 10.6% (31 December 2010 est.)


Vanuatu	5.8% (31 December 2011 est.) 5.5% (31 December 2010 est.)


Venezuela	17.15% (31 December 2011 est.) 18.348% (31 December 2010 est.)


Vietnam	16.95% (31 December 2011 est.) 13.135% (31 December 2010 est.)


West Bank	7.3% (31 December 2011 est.) 7.3% (31 December 2010 est.)


Yemen	25% (31 December 2011 est.) 25% (31 December 2010 est.)


Zambia	18.84% (31 December 2011 est.) 20.92% (31 December 2010 est.)


Zimbabwe	36% (31 December 2011 est.) 41% (31 December 2010 est.)

The online Factbook is updated weekly. ISSN 1553-8133
For additional information on government leaders in selected foreign countries, go to World Leaders.