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Commercial bank prime lending rate

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Afghanistan
15% (31 December 2016 est.)
15% (31 December 2015 est.)
Albania
8.22% (31 December 2017 est.)
9.78% (31 December 2016 est.)
Algeria
8% (31 December 2017 est.)
8% (31 December 2016 est.)
Angola
15.82% (31 December 2017 est.)
15.78% (31 December 2016 est.)
Anguilla
9.48% (31 December 2017 est.)
9.01% (31 December 2016 est.)
Antigua and Barbuda
9.31% (31 December 2017 est.)
9.58% (31 December 2016 est.)
Argentina
26.58% (31 December 2017 est.)
31.23% (31 December 2016 est.)
Armenia
14.41% (31 December 2017 est.)
17.36% (31 December 2016 est.)

note: average lending rate on loans up to one year

Aruba
7% (31 December 2017 est.)
7.83% (31 December 2016 est.)
Australia
5.24% (31 December 2017 est.)
5.42% (31 December 2016 est.)
Austria
1.57% (31 December 2017 est.)
1.86% (31 December 2016 est.)
Azerbaijan
12.7% (31 December 2017 est.)
12.56% (31 December 2016 est.)
Bahamas, The
4.25% (31 December 2017 est.)
4.75% (31 December 2016 est.)
Bahrain
5.33% (31 December 2017 est.)
5.18% (31 December 2016 est.)
Bangladesh
9.54% (31 December 2017 est.)
10.41% (31 December 2016 est.)
Barbados
8.1% (31 December 2017 est.)
8.05% (31 December 2016 est.)
Belarus
9.66% (31 December 2017 est.)
14.4% (31 December 2016 est.)
Belgium
2.08% (31 December 2017 est.)
2.02% (31 December 2016 est.)
Belize
9.46% (31 December 2017 est.)
9.84% (31 December 2016 est.)
Benin
5.3% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Bhutan
15% (31 December 2017 est.)
14.15% (31 December 2016 est.)
Bolivia
8.11% (31 December 2017 est.)
7.95% (31 December 2016 est.)
Bosnia and Herzegovina
4.38% (31 December 2017 est.)
5.24% (31 December 2016 est.)
Botswana
6.88% (31 December 2017 est.)
7.3% (31 December 2016 est.)
Brazil
46.92% (31 December 2017 est.)
52.1% (31 December 2016 est.)
Brunei
5.5% (31 December 2017 est.)
5.5% (31 December 2016 est.)
Bulgaria
5.41% (31 December 2017 est.)
6.39% (31 December 2016 est.)
Burkina Faso
5.3% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Burma
13% (31 December 2017 est.)
13% (31 December 2016 est.)
Burundi
14.8% (31 December 2017 est.)
14.24% (31 December 2016 est.)
Cambodia
10.92% (31 December 2017 est.)
11.36% (31 December 2016 est.)
Cameroon
13% (31 December 2017 est.)
12.5% (31 December 2016 est.)
Canada
3.2% (31 December 2017 est.)
2.7% (31 December 2016 est.)
Cape Verde
9.5% (31 December 2017 est.)
9.61% (31 December 2016 est.)
Cayman Islands
14.9% (31 December 2017 est.)
14.9% (31 December 2016 est.)
Central African Republic
15.5% (31 December 2017 est.)
15.5% (31 December 2016 est.)
Chad
15.5% (31 December 2017 est.)
15.5% (31 December 2016 est.)
Chile
4.6% (31 December 2017 est.)
5.59% (31 December 2016 est.)
China
4.35% (31 December 2017 est.)
4.35% (31 December 2016 est.)
Colombia
13.69% (31 December 2017 est.)
14.65% (31 December 2016 est.)
Comoros
10.5% (31 December 2017 est.)
10.5% (31 December 2016 est.)
Congo, Democratic Republic of the
20.62% (31 December 2017 est.)
19.05% (31 December 2016 est.)
Congo, Republic of the
14.6% (31 December 2017 est.)
14% (31 December 2016 est.)
Costa Rica
11.37% (31 December 2017 est.)
11.64% (31 December 2016 est.)
Cote d'Ivoire
5.4% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Croatia
4.23% (31 December 2017 est.)
4.97% (31 December 2016 est.)
Cuba

NA

Cyprus
4.13% (31 December 2017 est.)
4.33% (31 December 2016 est.)
Czech Republic
3.59% (31 December 2017 est.)
3.91% (31 December 2016 est.)
Denmark
2.84% (31 December 2017 est.)
3.25% (31 December 2016 est.)
Djibouti
11.3% (31 December 2017 est.)
11.45% (31 December 2016 est.)
Dominica
8.08% (31 December 2017 est.)
8.28% (31 December 2016 est.)
Dominican Republic
13.91% (31 December 2017 est.)
15.08% (31 December 2016 est.)
East Timor
13.29% (31 December 2017 est.)
14.05% (31 December 2016 est.)
Ecuador
7.92% (31 December 2017 est.)
8.69% (31 December 2016 est.)
Egypt
18.18% (31 December 2017 est.)
13.6% (31 December 2016 est.)
El Salvador
6.47% (31 December 2017 est.)
6.37% (31 December 2016 est.)
Equatorial Guinea
15% (31 December 2017 est.)
14% (31 December 2016 est.)
Eritrea

NA

Estonia
4.2% (31 December 2017 est.)
4.23% (31 December 2016 est.)
Ethiopia
13.5% (31 December 2017 est.)
12.2% (31 December 2016 est.)
Fiji
5.74% (31 December 2017 est.)
5.85% (31 December 2016 est.)
Finland
1.61% (31 December 2017 est.)
1.79% (31 December 2016 est.)
France
1.29% (31 December 2017 est.)
1.6% (31 December 2016 est.)
Gabon
15% (31 December 2017 est.)
14% (31 December 2016 est.)
Gambia, The
29% (31 December 2017 est.)
30.4% (31 December 2016 est.)
Gaza Strip

see entry for the West Bank

Georgia
11.49% (31 December 2017 est.)
12.62% (31 December 2016 est.)
Germany
1.67% (31 December 2017 est.)
1.78% (31 December 2016 est.)
Ghana
30.35% (31 December 2017 est.)
31.26% (31 December 2016 est.)
Greece
5.25% (31 December 2017 est.)
5.62% (31 December 2016 est.)
Grenada
8.31% (31 December 2017 est.)
8.64% (31 December 2016 est.)
Guatemala
13.05% (31 December 2017 est.)
13.1% (31 December 2016 est.)
Guinea
22.2% (31 December 2017 est.)
22.2% (31 December 2016 est.)
Guinea-Bissau
5.5% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Guyana
13% (31 December 2017 est.)
13% (31 December 2016 est.)
Haiti
13.1% (31 December 2017 est.)
13.23% (31 December 2016 est.)
Honduras
19.26% (31 December 2017 est.)
19.33% (31 December 2016 est.)
Hong Kong
5% (31 December 2017 est.)
5% (31 December 2016 est.)
Hungary
1.48% (31 December 2017 est.)
2.09% (31 December 2016 est.)
Iceland
7.26% (31 December 2017 est.)
8.24% (31 December 2016 est.)
India
9.51% (31 December 2017 est.)
9.67% (31 December 2016 est.)
Indonesia
11.07% (31 December 2017 est.)
11.89% (31 December 2016 est.)
note: these figures represent the average annualized rate on working capital loans
Iran
18% (31 December 2017 est.)
18% (31 December 2016 est.)
Iraq
12.7% (31 December 2017 est.)
12.7% (31 December 2016 est.)
Ireland
4.08% (31 December 2017 est.)
3.48% (31 December 2016 est.)
Israel
3.5% (31 December 2017 est.)
3.42% (31 December 2016 est.)
Italy
3% (31 December 2017 est.)
3.5% (31 December 2016 est.)
Jamaica
14.91% (31 December 2017 est.)
16.49% (31 December 2016 est.)
Japan
1.48% (31 December 2017 est.)
1.48% (31 December 2016 est.)
Jordan
8.65% (31 December 2017 est.)
7.83% (31 December 2016 est.)
Kazakhstan
14.17% (31 December 2017 est.)
15.34% (31 December 2016 est.)
Kenya
13.67% (31 December 2017 est.)
16.56% (31 December 2016 est.)
Korea, South
3.48% (31 December 2017 est.)
3.37% (31 December 2016 est.)
Kosovo
6.83% (31 December 2017 est.)
7.47% (31 December 2016 est.)
Kuwait
4.68% (31 December 2017 est.)
4.5% (31 December 2016 est.)
Kyrgyzstan
18.49% (31 December 2017 est.)
22.23% (31 December 2016 est.)
Laos
18.5% (31 December 2017 est.)
18% (31 December 2016 est.)
Latvia
2.58% (31 December 2017 est.)
2.61% (31 December 2016 est.)
Lebanon
8.29% (31 December 2017 est.)
8.35% (31 December 2016 est.)
Lesotho
11.58% (31 December 2017 est.)
11.58% (31 December 2016 est.)
Liberia
13.3% (31 December 2017 est.)
13.59% (31 December 2016 est.)
Libya
7.3% (31 December 2017 est.)
6% (31 December 2016 est.)
Lithuania
2.8% (31 December 2017 est.)
2.83% (31 December 2016 est.)
Luxembourg
1.9% (31 December 2017 est.)
1.98% (31 December 2016 est.)
Macau
5.25% (31 December 2017 est.)
5.25% (31 December 2016 est.)
Macedonia
6.21% (31 December 2017 est.)
6.61% (31 December 2016 est.)
Madagascar
60% (31 December 2017 est.)
60% (31 December 2016 est.)
Malawi
38.1% (31 December 2017 est.)
44.11% (31 December 2016 est.)
Malaysia
4.61% (31 December 2017 est.)
4.52% (31 December 2016 est.)
Maldives
10.5% (31 December 2012 est.)
10.2% (31 December 2011 est.)
Mali
5.2% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Malta
3.7% (31 December 2017 est.)
5.06% (31 December 2016 est.)
Mauritania
17% (31 December 2017 est.)
17% (31 December 2016 est.)
Mauritius
8.5% (31 December 2017 est.)
8.5% (31 December 2016 est.)
Mexico
7.34% (31 December 2017 est.)
4.72% (31 December 2016 est.)
Micronesia, Federated States of
15.73% (31 December 2017 est.)
15.7% (31 December 2016 est.)
Moldova
10.36% (31 December 2017 est.)
14.28% (31 December 2016 est.)
Mongolia
20.01% (31 December 2017 est.)
19.74% (31 December 2016 est.)
Montenegro
6.81% (31 December 2017 est.)
7.45% (31 December 2016 est.)
Montserrat
6.95% (31 December 2017 est.)
7.21% (31 December 2016 est.)
Morocco
5.6% (31 December 2017 est.)
5.73% (31 December 2016 est.)
Mozambique
27.86% (31 December 2017 est.)
21.18% (31 December 2016 est.)
Namibia
10.04% (31 December 2017 est.)
9.84% (31 December 2016 est.)
Nepal
11.3% (31 December 2017 est.)
8.9% (31 December 2016 est.)
Netherlands
1.33% (31 December 2017 est.)
1.47% (31 December 2016 est.)
New Zealand
5.1% (31 December 2017 est.)
5.02% (31 December 2016 est.)
Nicaragua
10.8% (31 December 2017 est.)
11.44% (31 December 2016 est.)
Niger
5.4% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Nigeria
17.58% (31 December 2017 est.)
16.87% (31 December 2016 est.)
Norway
2.89% (31 December 2017 est.)
2.96% (31 December 2016 est.)
Oman
5.2% (31 December 2017 est.)
5.08% (31 December 2016 est.)
Pakistan
6.98% (31 December 2017 est.)
6.94% (31 December 2016 est.)
Panama
7.52% (31 December 2017 est.)
7.53% (31 December 2016 est.)
Papua New Guinea
8.4% (31 December 2017 est.)
8.38% (31 December 2016 est.)
Paraguay
17% (31 December 2017 est.)
18.08% (31 December 2016 est.)
Peru
16.6% (31 December 2017 est.)
16.47% (31 December 2016 est.)

note: domestic currency lending rate, 90 day maturity

Philippines
5.63% (31 December 2017 est.)
5.64% (31 December 2016 est.)
Poland
4.8% (31 December 2017 est.)
4.74% (31 December 2016 est.)
Portugal
3.21% (31 December 2017 est.)
3.77% (31 December 2016 est.)
Puerto Rico
5% (31 December 2017 est.)
4% (31 December 2016 est.)
Qatar
4.95% (31 December 2017 est.)
4.51% (31 December 2016 est.)
Romania
5.57% (31 December 2017 est.)
5.71% (31 December 2016 est.)
Russia
10.55% (31 December 2017 est.)
12.59% (31 December 2016 est.)
Rwanda
17.17% (31 December 2017 est.)
17.29% (31 December 2016 est.)
Saint Kitts and Nevis
9.09% (31 December 2017 est.)
9.23% (31 December 2016 est.)
Saint Lucia
8.34% (31 December 2017 est.)
8.47% (31 December 2016 est.)
Saint Vincent and the Grenadines
8.75% (31 December 2017 est.)
9.12% (31 December 2016 est.)
Samoa
8.76% (31 December 2017 est.)
9.09% (31 December 2016 est.)
San Marino
5.92% (31 December 2011 est.)
5.38% (31 December 2010 est.)
Sao Tome and Principe
19.61% (31 December 2017 est.)
19.59% (31 December 2016 est.)
Saudi Arabia
8.3% (31 December 2017 est.)
7.1% (31 December 2016 est.)
Senegal
5.4% (31 December 2017 est.)
5.3% (31 December 2016 est.)
Serbia
8.2% (31 December 2017 est.)
8.45% (31 December 2016 est.)
Seychelles
12.24% (31 December 2017 est.)
12.36% (31 December 2016 est.)
Sierra Leone
17.92% (31 December 2017 est.)
18.04% (31 December 2016 est.)
Singapore
5.28% (31 December 2017 est.)
5.35% (31 December 2016 est.)
Slovakia
2.44% (31 December 2017 est.)
2.7% (31 December 2016 est.)
Slovenia
2.59% (31 December 2017 est.)
2.81% (31 December 2016 est.)
Solomon Islands
10.7% (31 December 2017 est.)
10.1% (31 December 2016 est.)
Somalia

NA

South Africa
10.38% (31 December 2017 est.)
10.46% (31 December 2016 est.)
South Sudan
13.38% (December 2017)
9.72% (December 2016)
Spain
2.03% (31 December 2017 est.)
2.19% (31 December 2016 est.)
Sri Lanka
11.6% (31 December 2017 est.)
10.49% (31 December 2016 est.)
Sudan
13% (31 December 2017 est.)
12.5% (31 December 2016 est.)
Suriname
14.43% (31 December 2017 est.)
13.49% (31 December 2016 est.)
Swaziland
10.75% (31 December 2017 est.)
10.25% (31 December 2016 est.)
Sweden
1.93% (31 December 2017 est.)
2% (31 December 2016 est.)
Switzerland
2.6% (31 December 2017 est.)
2.65% (31 December 2016 est.)
Syria
14% (31 December 2017 est.)
22% (31 December 2016 est.)
Taiwan
2.63% (31 December 2017 est.)
2.63% (31 December 2016 est.)
Tajikistan
30% (31 December 2017 est.)
24.24% (31 December 2016 est.)
Tanzania
17.62% (31 December 2017 est.)
15.96% (31 December 2016 est.)
Thailand
4.42% (31 December 2017 est.)
4.47% (31 December 2016 est.)
Togo
5.3% (31 December 2016 est.)
8.29% (31 December 2015 est.)
Tonga
8% (31 December 2017 est.)
7.9% (31 December 2016 est.)
Trinidad and Tobago
9% (31 December 2017 est.)
9% (31 December 2016 est.)
Tunisia
7.31% (31 December 2016 est.)
6.76% (31 December 2013 est.)
Turkey
15.77% (31 December 2017 est.)
14.74% (31 December 2016 est.)
Turkmenistan
19% (31 December 2017 est.)
16% (31 December 2016 est.)
Tuvalu
10.6% (31 December 2013 est.)
10.6% (31 December 2012 est.)
Uganda
21.28% (31 December 2017 est.)
23.89% (31 December 2016 est.)
Ukraine
16.38% (31 December 2017 est.)
19.24% (31 December 2016 est.)
United Arab Emirates
6% (31 December 2017 est.)
5.7% (31 December 2016 est.)
United Kingdom
4.38% (31 December 2017 est.)
4.44% (31 December 2016 est.)
United States
4.1% (31 December 2017 est.)
3.51% (31 December 2016 est.)
Uruguay
13.83% (31 December 2017 est.)
16.17% (31 December 2016 est.)
Uzbekistan
16% (31 December 2016 est.)
11.2% (31 December 2012 est.)
Vanuatu
3.2% (31 December 2017 est.)
2.95% (31 December 2016 est.)
Venezuela
21.1% (31 December 2017 est.)
20.78% (31 December 2016 est.)
Vietnam
7.07% (31 December 2017 est.)
6.96% (31 December 2016 est.)
West Bank
5.8% (31 December 2017 est.)
6.15% (31 December 2016 est.)
Yemen
30% (31 December 2017 est.)
27% (31 December 2016 est.)
Zambia
12.5% (31 December 2017 est.)
15.5% (31 December 2016 est.)
Zimbabwe
18% (31 December 2017 est.)
7.1% (31 December 2016 est.)

Source: CIA Factbook