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 | COMMERCIAL BANK PRIME LENDING RATE(%) |
---|---|
Afghanistan |
15.08% (31 December 2013 est.) 15% (31 December 2012 est.) |
Albania |
8.6% (31 December 2014 est.) 9.83% (31 December 2013 est.) |
Algeria |
8% (31 December 2014 est.) 8% (31 December 2013 est.) |
Angola |
15.2% (31 December 2014 est.) 15.8% (31 December 2013 est.) |
Anguilla |
8.9% (31 December 2014 est.) 9.08% (31 December 2013 est.) |
Antigua and Barbuda |
10.1% (31 December 2014 est.) 9.98% (31 December 2013 est.) |
Argentina |
25.5% (31 December 2014 est.) 17.15% (31 December 2013 est.) |
Armenia |
15.9% (31 December 2014 est.) 16% (31 December 2013 est.) note: average lending rate on loans up to one year |
Aruba |
8.3% (31 December 2014 est.) 8.5% (31 December 2013 est.) |
Australia |
6% (31 December 2014 est.) 6.18% (31 December 2013 est.) |
Austria |
2.1% (31 December 2014 est.) 2.21% (31 December 2013 est.) |
Azerbaijan |
18% (31 December 2014 est.) 18.25% (31 December 2013 est.) |
Bahamas, The |
5.5% (31 December 2014 est.) 4.75% (31 December 2013 est.) |
Bahrain |
6.8% (31 December 2014 est.) 5.93% (31 December 2013 est.) |
Bangladesh |
13% (31 December 2014 est.) 13% (31 December 2013 est.) |
Barbados |
9% (31 December 2014 est.) 8.7% (31 December 2013 est.) |
Belarus |
20% (31 December 2014 est.) 19.13% (31 December 2013 est.) |
Belgium |
3.5% (31 December 2014 est.) 3.49% (31 December 2013 est.) |
Belize |
12% (31 December 2014 est.) 11.57% (31 December 2013 est.) |
Benin |
NA% |
Bhutan |
14% (31 December 2014 est.) 14% (31 December 2013 est.) |
Bolivia |
9.7% (31 December 2014 est.) 11.05% (31 December 2013 est.) |
Bosnia and Herzegovina |
6.8% (31 December 2014 est.) 7.23% (31 December 2013 est.) |
Botswana |
9% (31 December 2014 est.) 10.19% (31 December 2013 est.) |
Brazil |
33% (31 December 2014 est.) 27.4% (31 December 2013 est.) |
Brunei |
5.5% (31 December 2014 est.) 5.5% (31 December 2013 est.) |
Bulgaria |
8.4% (31 December 2014 est.) 9.05% (31 December 2013 est.) |
Burkina Faso |
NA% (31 December 2014 est.) |
Burma |
13% (31 December 2014 est.) 13% (31 December 2013 est.) |
Burundi |
15% (31 December 2014 est.) 15.15% (31 December 2013 est.) |
Cabo Verde |
10.6% (31 December 2014 est.) 10.54% (31 December 2013 est.) |
Cambodia |
12.6% (31 December 2014 est.) 12.8% (31 December 2013 est.) |
Cameroon |
13.8% (31 December 2014 est.) 14% (31 December 2013 est.) |
Canada |
3% (31 December 2014 est.) 3% (31 December 2013 est.) |
Central African Republic |
15% (31 December 2014 est.) 15% (31 December 2013 est.) |
Chad |
15.5% (31 December 2014 est.) 15.5% (31 December 2013 est.) |
Chile |
8.1% (31 December 2014 est.) 9.26% (31 December 2013 est.) |
China |
6% (31 December 2014 est.) 6% (31 December 2013 est.) |
Colombia |
10.9% (31 December 2014 est.) 11% (31 December 2013 est.) |
Comoros |
10.5% (31 December 2014 est.) 10.5% (31 December 2013 est.) |
Congo, Democratic Republic of the |
17.4% (31 December 2014 est.) 19.38% (31 December 2013 est.) |
Congo, Republic of the |
14.8% (31 December 2014 est.) 14.8% (31 December 2013 est.) |
Costa Rica |
15.4% (31 December 2014 est.) 15.19% (31 December 2013 est.) |
Cote d'Ivoire |
3.5% (31 December 2014 est.) 3.5% (31 December 2013 est.) |
Croatia |
8.5% (31 December 2014 est.) 9.25% (31 December 2013 est.) |
Cuba |
NA% |
Cyprus |
6.1% (31 December 2014 est.) 6.89% (31 December 2013 est.) |
Czech Republic |
4.7% (31 December 2014 est.) 4.97% (31 December 2013 est.) |
Denmark |
3.9% (31 December 2014 est.) 4.04% (31 December 2013 est.) |
Djibouti |
10.5% (31 December 2014 est.) 11% (31 December 2013 est.) |
Dominica |
9.1% (31 December 2014 est.) 9.1% (31 December 2013 est.) |
Dominican Republic |
13.7% (31 December 2014 est.) 13.59% (31 December 2013 est.) |
Ecuador |
8.5% (31 December 2014 est.) 8.17% (31 December 2013 est.) |
Egypt |
11.8% (31 December 2014 est.) 12.29% (31 December 2013 est.) |
El Salvador |
6% (31 December 2014 est.) 5.74% (31 December 2013 est.) |
Equatorial Guinea |
15% (31 December 2014 est.) 15% (31 December 2013 est.) |
Eritrea |
NA% |
Estonia |
5.1% (31 December 2014 est.) 5.37% (31 December 2013 est.) |
Ethiopia |
11% (31 December 2014 est.) 12% (31 December 2013 est.) |
European Union |
5.9% (31 December 2010 est.) 7.52% (31 December 2009 est.) |
Fiji |
5.9% (31 December 2014 est.) 6.1% (31 December 2013 est.) |
Finland |
2% (31 December 2014 est.) 2.11% (31 December 2013 est.) |
France |
2.8% (31 December 2014 est.) 2.84% (31 December 2013 est.) |
Gabon |
15% (31 December 2014 est.) 15% (31 December 2013 est.) |
Gambia, The |
33.5% (31 December 2014 est.) 28% (31 December 2013 est.) |
Gaza Strip |
see entry for West Bank |
Georgia |
12.5% (31 December 2014 est.) 13.59% (31 December 2013 est.) |
Germany |
2.6% (31 December 2014 est.) 2.76% (31 December 2013 est.) |
Ghana |
30% (31 December 2014 est.) 25.6% (31 December 2013 est.) |
Greece |
6.6% (31 December 2014 est.) 7% (31 December 2013 est.) |
Grenada |
9.6% (31 December 2014 est.) 9.28% (31 December 2013 est.) |
Guatemala |
13.6% (31 December 2014 est.) 13.6% (31 December 2013 est.) |
Guinea-Bissau |
15% (31 December 2014 est.) 15% (31 December 2013 est.) |
Guinea |
23% (31 December 2014 est.) 26% (31 December 2013 est.) |
Guyana |
13.2% (31 December 2014 est.) 13.5% (31 December 2013 est.) |
Haiti |
8.6% (31 December 2014 est.) 8.72% (31 December 2013 est.) |
Honduras |
17.5% (31 December 2014 est.) 20.08% (31 December 2013 est.) |
Hong Kong |
5% (31 December 2014 est.) 5% (31 December 2013 est.) |
Hungary |
4.8% (31 December 2014 est.) 6.33% (31 December 2013 est.) |
Iceland |
8.2% (31 December 2014 est.) 8.17% (31 December 2013 est.) |
India |
10.3% (31 December 2014 est.) 10.33% (31 December 2013 est.) |
Indonesia |
12.4% (31 December 2014 est.) 11.66% (31 December 2013 est.) note: these figures represent the average annualized rate on working capital loans |
Iran |
11.3% (31 December 2014 est.) 11% (31 December 2013 est.) |
Iraq |
6% (31 December 2014 est.) 6% (31 December 2013 est.) |
Ireland |
3.3% (31 December 2014 est.) 3.28% (31 December 2013 est.) |
Israel |
3.3% (31 December 2014 est.) 4.54% (31 December 2013 est.) |
Italy |
5.1% (31 December 2014 est.) 5.14% (31 December 2013 est.) |
Jamaica |
17.3% (31 December 2014 est.) 17.72% (31 December 2013 est.) |
Japan |
1.5% (31 December 2014 est.) 1.48% (31 December 2013 est.) |
Jordan |
8.74% (31 December 2014 est.) 8.85% (31 December 2013 est.) |
Kazakhstan |
6.9% (31 December 2014 est.) 6.3% (31 December 2013 est.) |
Kenya |
16.5% (31 December 2014 est.) 17.31% (31 December 2013 est.) |
Korea, South |
4.5% (31 December 2014 est.) 4.64% (31 December 2013 est.) |
Kosovo |
12.8% (30 June 2013 est.) 13.7% (31 December 2012 est.) |
Kuwait |
5% (31 December 2014 est.) 4.9% (31 December 2013 est.) |
Kyrgyzstan |
24% (31 December 2014 est.) 20.93% (31 December 2013 est.) |
Laos |
24.5% (31 December 2014 est.) 23.2% (31 December 2013 est.) |
Latvia |
6% (31 December 2014 est.) 5.92% (31 December 2013 est.) |
Lebanon |
7.2% (31 December 2014 est.) 7.35% (31 December 2013 est.) |
Lesotho |
10.2% (31 December 2014 est.) 9.92% (31 December 2013 est.) |
Liberia |
14% (31 December 2014 est.) 13.48% (31 December 2013 est.) |
Libya |
5.6% (31 December 2014 est.) 6% (31 December 2013 est.) |
Lithuania |
5.3% (31 December 2014 est.) 4.94% (31 December 2013 est.) |
Macau |
5.3% (31 December 2014 est.) 5.25% (31 December 2013 est.) |
Macedonia |
8.2% (31 December 2014 est.) 8.04% (31 December 2013 est.) |
Madagascar |
61% (31 December 2014 est.) 58.98% (31 December 2013 est.) |
Malawi |
44% (31 December 2014 est.) 46% (31 December 2013 est.) |
Malaysia |
4.5% (31 December 2014 est.) 4.56% (31 December 2013 est.) |
Maldives |
10.5% (31 December 2012 est.) 10.2% (31 December 2011 est.) |
Mali |
9.3% (31 December 2014 est.) 9.3% (31 December 2013 est.) |
Malta |
4% (31 December 2014 est.) 4.4% (31 December 2013 est.) |
Mauritania |
18% (31 December 2014 est.) 18% (31 December 2013 est.) |
Mauritius |
8.7% (31 December 2014 est.) 8.5% (31 December 2013 est.) |
Mexico |
4% (31 December 2014 est.) 4.25% (31 December 2013 est.) |
Micronesia, Federated States of |
14.35% (31 December 2013 est.) 14.35% (31 December 2012 est.) |
Moldova |
12% (31 December 2014 est.) 12.29% (31 December 2013 est.) |
Mongolia |
18.2% (31 December 2014 est.) 17.4% (31 December 2013 est.) |
Montenegro |
9.69% (31 December 2011 est.) 9.53% (31 December 2010 est.) |
Montserrat |
8% (31 December 2014 est.) 8% (31 December 2013 est.) |
Morocco |
6% (31 December 2014 est.) 6.23% (31 December 2013 est.) |
Mozambique |
15.3% (31 December 2014 est.) 15.33% (31 December 2013 est.) |
Namibia |
9% (31 December 2014 est.) 8.29% (31 December 2013 est.) |
Nepal |
10.9% (31 December 2014 est.) 12.4% (31 December 2013 est.) |
Netherlands |
2.3% (31 December 2014 est.) 2.31% (31 December 2013 est.) |
New Zealand |
6.1% (31 December 2014 est.) 5.53% (31 December 2013 est.) |
Nicaragua |
14.8% (31 December 2014 est.) 14.98% (31 December 2013 est.) |
Nigeria |
17% (31 December 2014 est.) 16.72% (31 December 2013 est.) |
Niger |
3.5% (31 December 2014 est.) 3.5% (31 December 2013 est.) |
Norway |
2.5% (31 December 2014 est.) 2.5% (31 December 2013 est.) |
Oman |
5.5% (31 December 2014 est.) 5.41% (31 December 2013 est.) |
Pakistan |
9.7% (8 December 2014 est.) 9.98% (31 December 2013 est.) |
Panama |
6.6% (31 December 2014 est.) 6.59% (31 December 2013 est.) |
Papua New Guinea |
10.1% (31 December 2014 est.) 10.13% (31 December 2013 est.) |
Paraguay |
19.5% (31 December 2014 est.) 19.27% (31 December 2013 est.) |
Peru |
15.7% (31 December 2014 est.) 18.16% (31 December 2013 est.) note: domestic currency lending rate, 90 day maturity |
Philippines |
5.9% (31 December 2014 est.) 5.77% (31 December 2013 est.) |
Poland |
6.3% (31 December 2014 est.) 7.07% (31 December 2013 est.) |
Portugal |
5.5% (31 December 2014 est.) 5.91% (31 December 2013 est.) |
Puerto Rico |
3.3% (31 December 2014 est.) 3.3% (31 December 2013 est.) |
Qatar |
4.5% (31 December 2014 est.) 4.5% (31 December 2013 est.) |
Romania |
8.5% (31 December 2014 est.) 10.52% (31 December 2013 est.) |
Russia |
11.3% (2014 est.) 9.47% (31 December 2013 est.) |
Rwanda |
17.2% (31 December 2014 est.) 17.3% (31 December 2013 est.) |
Saint Kitts and Nevis |
9% (31 December 2014 est.) 8.78% (31 December 2013 est.) |
Saint Lucia |
9.1% (31 December 2014 est.) 9.05% (31 December 2013 est.) |
Saint Vincent and the Grenadines |
9.4% (31 December 2014 est.) 9.45% (31 December 2013 est.) |
Samoa |
10.2% (31 December 2014 est.) 10.19% (31 December 2013 est.) |
San Marino |
5.92% (31 December 2011 est.) 5.38% (31 December 2010 est.) |
Sao Tome and Principe |
25.5% (31 December 2014 est.) 25.75% (31 December 2013 est.) |
Saudi Arabia |
6.8% (31 December 2014 est.) 6.7% (31 December 2013 est.) |
Senegal |
13.3% (31 December 2014 est.) 14% (31 December 2013 est.) |
Serbia |
14.4% (31 December 2014 est.) 18.33% (31 December 2013 est.) |
Seychelles |
13% (31 December 2014 est.) 12.29% (31 December 2013 est.) |
Sierra Leone |
19.8% (31 December 2014 est.) 20.56% (31 December 2013 est.) |
Singapore |
5.4% (31 December 2014 est.) 5.38% (31 December 2013 est.) |
Slovakia |
3.2% (31 December 2014 est.) 3.34% (31 December 2013 est.) |
Slovenia |
5.2% (31 December 2014 est.) 5.68% (31 December 2013 est.) |
Solomon Islands |
10.9% (31 December 2014 est.) 10.77% (31 December 2013 est.) |
Somalia |
NA% |
South Africa |
9.1% (31 December 2014 est.) 8.5% (31 December 2013 est.) |
Spain |
9.4% (31 December 2014 est.) 9.34% (31 December 2013 est.) |
Sri Lanka |
11.5% (31 December 2014 est.) 12.5% (31 December 2013 est.) |
Suriname |
12.5% (31 December 2014 est.) 12% (31 December 2013 est.) |
Swaziland |
8.8% (31 December 2014 est.) 8.5% (31 December 2013 est.) |
Sweden |
2.8% (31 December 2014 est.) 3.23% (31 December 2013 est.) |
Switzerland |
2.7% (31 December 2014 est.) 2.69% (31 December 2013 est.) |
Syria |
17% (31 December 2014 est.) 16% (31 December 2013 est.) |
Taiwan |
2.9% (31 December 2014 est.) 2.88% (31 December 2013 est.) |
Tajikistan |
22% (31 December 2014 est.) 6.6% (31 December 2013 est.) |
Tanzania |
17.4% (31 December 2014 est.) 15.82% (31 December 2013 est.) |
Thailand |
6.8% (31 December 2014 est.) 6.96% (31 December 2013 est.) |
Timor-Leste |
12.8% (31 December 2014 est.) 12.41% (31 December 2013 est.) |
Togo |
NA% |
Tonga |
9.4% (31 December 2014 est.) 9.26% (31 December 2013 est.) |
Trinidad and Tobago |
7.8% (31 December 2014 est.) 7.5% (31 December 2013 est.) |
Tunisia |
7.31% (31 December 2014 est.) 6.76% (31 December 2013 est.) |
Turkey |
13.6% (31 December 2014 est.) 11.06% (31 December 2013 est.) |
Uganda |
21.7% (31 December 2014 est.) 23.3% (31 December 2013 est.) |
Ukraine |
18% (31 December 2014 est.) 16.65% (31 December 2013 est.) |
United Kingdom |
4.4% (31 December 2014 est.) 4.37% (31 December 2013 est.) |
United States |
3.3% (31 December 2014 est.) 3.25% (31 December 2013 est.) |
Uruguay |
15.7% (31 December 2014 est.) 12.44% (31 December 2013 est.) |
Uzbekistan |
12.44% (31 December 2013 est.) 11.2% (31 December 2012 est.) |
Vanuatu |
5.5% (31 December 2014 est.) 5% (31 December 2013 est.) |
Venezuela |
17.5% (31 December 2014 est.) 15.9% (31 December 2013 est.) |
Vietnam |
9.5% (31 December 2014 est.) 10.37% (31 December 2013 est.) |
West Bank |
7.5% (31 December 2014 est.) 7.5% (31 December 2013 est.) |
Yemen |
20% (31 December 2014 est.) 22% (31 December 2013 est.) |
Zambia |
14% (31 December 2014 est.) 9.52% (31 December 2013 est.) |
Zimbabwe |
22% (31 December 2014 est.) 28% (31 December 2013 est.) |