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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% (31 December 2009 est.) 14.92% (31 December 2008 est.)


Albania	12.46% (31 December 2009 est.) 11.75% (31 December 2008 est.)


Algeria	8% (31 December 2009 est.) 8% (31 December 2008 est.)


Angola	15.68% (31 December 2009 est.) 12.53% (31 December 2008 est.)


Anguilla	9.27% (31 December 2009 est.) 9.51% (31 December 2008 est.)


Antigua and Barbuda	10.07% (31 December 2009 est.) 10.43% (31 December 2008 est.)


Argentina	11.3% (31 December 2010 est.) 10% (31 December 2009 est.)


Armenia	18.76% (31 December 2009 est.) 17.05% (31 December 2008 est.)


Aruba	10.77% (31 December 2009 est.) 11.23% (31 December 2008 est.)


Australia	6.02% (31 December 2009 est.) 8.91% (31 December 2008 est.)


Austria	4.82% (30 November 2010 est.) 5.03% (31 December 2009 est.)


Azerbaijan	20.03% (31 December 2009 est.) 19.76% (31 December 2008 est.)


Bahamas, The	5.5% (31 December 2009 est.) 5.5% (31 December 2008 est.)


Bahrain	NA% (31 December 2009 est.) NA% (31 December 2008 est.)


Bangladesh	11.18% (30 September 2010 est.) 14.6% (31 December 2009 est.)


Barbados	9.25% (31 December 2009 est.) 10.03% (31 December 2008 est.)


Belarus	11.68% (31 December 2009 est.) 8.55% (31 December 2008 est.)


Belgium	6.15% (31 December 2009 est.) 7.03% (31 December 2008 est.)


Belize	14.08% (31 December 2009 est.) 14.14% (31 December 2008 est.)


Benin	NA% NA%


Bhutan	NA%


Bolivia	5.75% (31 December 2010 est.) 6.08% (31 December 2009 est.)


Bosnia and Herzegovina	7.93% (31 December 2010 est.) 7.93% (31 December 2009 est.)


Botswana	13.76% (31 December 2009 est.) 16.54% (31 December 2008 est.)


Brazil	44.65% (31 December 2009 est.) 47.25% (31 December 2008 est.)


Brunei	5.5% (31 December 2009 est.) 5.5% (31 December 2008 est.)


Bulgaria	11.34% (31 December 2009 est.) 10.86% (31 December 2008 est.)


Burkina Faso	NA%


Burma	17% (31 December 2009 est.) 17% (31 December 2008 est.)


Burundi	14.08% (31 December 2009 est.) 16.52% (31 December 2008 est.)


Cambodia	17% (31 December 2009) 16.01% (31 December 2008)


Cameroon	NA%


Canada	3% (31 December 2009 est.) 2.4% (31 December 2009 est.)


Cape Verde	10.98% (31 December 2009 est.) 9.99% (31 December 2008 est.)


Central African Republic	NA%


Chad	NA%


Chile	7.25% (31 December 2009 est.) 13.26% (31 December 2008 est.)


China	5.81% (31 December 2010 est.) 5.31% (31 December 2009 est.)


Colombia	12.98% (31 December 2009 est.) 17.18% (31 December 2008 est.)


Comoros	10.5% (31 December 2009 est.) 10.5% (31 December 2008 est.)


Congo, Democratic Republic of the	65.42% (31 December 2009 est.) 43.15% (31 December 2008 est.)


Congo, Republic of the	NA%


Costa Rica	17.4% (31 December 2009 est.) 15.83% (31 December 2008 est.)


Cote d'Ivoire	NA%


Croatia	11.55% (31 December 2009 est.) 10.07% (31 December 2008 est.)


Cuba	NA%


Cyprus	7.49% (31 December 2009 est.) 7.19% (31 December 2008 est.)


Czech Republic	3.9% (31 December 2010 est.) 4.5% (31 December 2009 est.)


Denmark	NA%


Djibouti	NA% (31 December 2009 est.) 11.56% (31 December 2008 est.)


Dominica	10.02% (31 December 2009 est.) 9.06% (31 December 2008 est.)


Dominican Republic	18.14% (31 December 2009 est.) 19.95% (31 December 2008 est.)


Ecuador	19% (31 December 2009) 9.14% (31 December 2008)


Egypt	11.98% (31 December 2009 est.) 12.33% (31 December 2008 est.)


El Salvador	6.59% (31 December 2010) 8.42% (31 December 2009)


Equatorial Guinea	NA% NA%


Eritrea	NA%


Estonia	9.39% (31 December 2009 est.) 8.55% (31 December 2008 est.)


Ethiopia	8% (31 December 2008) 7% (31 December 2006)


European Union	7.52% (31 December 2009 est.) 8.58% (31 December 2008 est.)


Fiji	7.85% (31 December 2009 est.) 7.97% (31 December 2008 est.)


Finland	3.51% (31 December 2009 est.) 5.79% (31 December 2008 est.)


France	7.46% (31 December 2009 est.) 8.13% (31 December 2008 est.)


Gabon	NA%


Gambia, The	27% (31 December 2009 est.) 27.92% (31 December 2007)


Gaza Strip	see entry for West Bank


Georgia	25.52% (31 December 2009 est.) 21.24% (31 December 2008 est.)


Germany	4.96% (31 December 2009 est.) 5.97% (31 December 2008 est.)


Ghana	NA%


Greece	8.59% (31 December 2009 est.) 8.65% (31 December 2008 est.)


Grenada	11.06% (31 December 2009 est.) 9.53% (31 December 2008 est.)


Guatemala	13.85% (31 December 2009 est.) 13.39% (31 December 2008 est.)


Guinea	NA%


Guinea-Bissau	NA%


Guyana	14.54% (31 December 2009 est.) 14.58% (31 December 2008 est.)


Haiti	8% (31 December 2010 est.) 8% (31 December 2009 est.)


Honduras	19.16% (31 December 2009 est.) 17.94% (31 December 2008 est.)


Hong Kong	5% (31 December 2010 est.) 5% (31 December 2009 est.)


Hungary	7.1% (30 November 2010 est.) 8.68% (31 December 2009 est.)


Iceland	18.99% (31 December 2009 est.) 19.29% (31 December 2007)


India	12.19% (31 December 2009 est.) 13.31% (31 December 2008 est.)


Indonesia	13.29% (30 November 2010 est.) 14.5% (31 December 2009 est.) note: these figures represent the average annualized rate on working capital loans


Iran	12% (31 December 2009 est.) 12% (31 December 2008 est.)


Iraq	15.64% (31 December 2009 est.) 19.5% (31 December 2008 est.)


Ireland	2.1% (31 December 2010 est.) 2.5% (31 December 2009 est.)


Israel	3.73% (31 December 2009 est.) 6.06% (31 December 2008 est.)


Italy	10.26% (31 December 2009 est.) 11.31% (31 December 2008 est.)


Jamaica	16.43% (31 December 2009 est.) 16.83% (31 December 2008 est.)


Japan	1.6% (31 December 2010 est.) 1.65% (31 December 2009 est.)


Jordan	9.25% (31 December 2009 est.) 9.03% (31 December 2008 est.)


Kazakhstan	NA%


Kenya	14.8% (31 December 2009 est.) 14.02% (31 December 2008 est.)


Korea, South	5.65% (31 December 2009 est.) 7.17% (31 December 2008 est.)


Kosovo	14.4% (30 June 2010 est.) 14.09% (31 December 2009 est.)


Kuwait	5.9% (31 December 2009) 7.61% (31 December 2008 est.)


Kyrgyzstan	23.03% (31 December 2009 est.) 19.86% (31 December 2008 est.)


Laos	26% (31 December 2010) 11% (30 November 2009)


Latvia	16.23% (31 December 2009 est.) 11.85% (31 December 2008 est.)


Lebanon	9.57% (31 December 2009 est.) 9.96% (31 December 2008 est.)


Lesotho	13% (31 December 2009 est.) 16.19% (31 December 2008 est.)


Liberia	14.4% (31 December 2008) 15.05% (31 December 2007)


Libya	8.41% (31 December 2008) 6% (31 December 2007)


Lithuania	8.39% (31 December 2009 est.) 8.41% (31 December 2008 est.)


Macau	5.25% (31 December 2010 est.) 5.25% (31 December 2009 est.)


Macedonia	8.2% (30 November 2010 est.) 9.3% (31 December 2009 est.)


Madagascar	45% (31 December 2009 est.) 45% (31 December 2008 est.)


Malawi	25.25% (31 December 2009 est.) 25.28% (31 December 2008 est.)


Malaysia	6.27% (31 December 2010 est.) 5.51% (31 December 2009 est.)


Maldives	13% (31 December 2009 est.) 13% (31 December 2008 est.)


Mali	NA%


Malta	4.47% (31 December 2010) 4.47% (31 December 2009)


Mauritania	NA%


Mauritius	19.25% (31 December 2009 est.) 21.54% (31 December 2008 est.)


Mexico	7.07% (31 December 2009 est.) 8.71% (31 December 2008 est.)


Micronesia, Federated States of	15.38% (31 December 2009 est.) 14.38% (31 December 2008 est.)


Moldova	20.54% (31 December 2009 est.) 21.06% (31 December 2008 est.)


Mongolia	19.97% (31 December 2010 est.) 21.67% (31 December 2009 est.)


Montenegro	9.36% (31 December 2009 est.) 9.24% (31 December 2008 est.)


Montserrat	9.04% (31 December 2009 est.) 9.89% (31 December 2008 est.)


Morocco	6.5% (31 December 2008)


Mozambique	15.68% (31 December 2009 est.) 18.31% (31 December 2008 est.)


Namibia	11.12% (31 December 2009 est.) 13.74% (31 December 2008 est.)


Nepal	8% (31 December 2009 est.) 8% (31 December 2008 est.)


Netherlands	10.01% (31 December 2009 est.) 9.66% (31 December 2008 est.)


New Zealand	10.39% (31 December 2009 est.) 12.21% (31 December 2008 est.)


Nicaragua	14.04% (31 December 2009 est.) 13.17% (31 December 2008 est.)


Niger	NA%


Nigeria	18.36% (31 December 2009 est.) 15.48% (31 December 2008 est.)


Norway	4.28% (31 December 2009 est.) 7.28% (31 December 2008 est.)


Oman	7.44% (31 December 2009 est.) 7.1% (31 December 2008 est.)


Pakistan	NA%


Panama	8.302% (31 November 2010 est.) 8.25% (31 December 2009 est.)


Papua New Guinea	10.09% (31 December 2009 est.) 9.2% (31 December 2008 est.)


Paraguay	28.26% (31 December 2009 est.) 25.81% (31 December 2008 est.)


Peru	3.63% (31 December 2010 est.) 1.74% (31 December 2009 est.) note: domestic currency lending rate


Philippines	5.39% (31 December 2010 est.) 6.89% (31 December 2009 est.)


Poland	5.99% (31 December 2008 est.) 5.72% (31 December 2007 est.)


Portugal	6.12% (31 December 2009 est.) 8.35% (31 December 2008 est.)


Qatar	7.04% (31 December 2009 est.) 6.84% (31 December 2008 est.)


Romania	17.28% (31 December 2009 est.) 14.99% (31 December 2008 est.)


Russia	15.31% (31 December 2009 est.) 12.23% (31 December 2008 est.)


Rwanda	NA% (31 December 2010) 16.51% (31 December 2008 est.)


Saint Kitts and Nevis	8.75% (31 December 2009 est.) 8.75% (31 December 2008 est.)


Saint Lucia	10.58% (31 December 2009 est.) 10.08% (31 December 2008 est.)


Saint Vincent and the Grenadines	9.19% (31 December 2009 est.) 9.52% (31 December 2008 est.)


Samoa	12.08% (31 December 2009 est.) 12.66% (31 December 2008 est.)


San Marino	5.39% (September 2010) 5.35% (31 December 2009 est.)


Sao Tome and Principe	32.4% (31 December 2009 est.) 32.4% (31 December 2008 est.)


Saudi Arabia	NA%


Senegal	NA%


Serbia	13.28% (30 November 2010) 11.78% (31 December 2009 est.)


Seychelles	15.35% (31 December 2009 est.) 11.81% (31 December 2008 est.)


Sierra Leone	NA% (31 December 2010) 24.5% (31 December 2008 est.)


Singapore	5.38% (31 December 2010 est.) 5.38% (31 December 2009 est.)


Slovakia	NA%


Slovenia	5.47% (31 December 2009 est.) 7.41% (31 December 2008 est.)


Solomon Islands	15.26% (31 December 2009 est.) 14.44% (31 December 2008 est.)


Somalia	NA%


South Africa	11.71% (31 December 2009 est.) 15.13% (31 December 2008 est.)


Spain	10.72% (31 December 2009 est.) 11.02% (31 December 2008 est.)


Sri Lanka	10.91% (31 December 2009) 18.89% (31 December 2008 est.)


Suriname	11.65% (31 December 2009 est.) 12.2% (31 December 2008 est.)


Swaziland	11.38% (31 December 2009 est.) 14.83% (31 December 2008 est.)


Sweden	NA% NA%


Switzerland	0.54% (31 December 2010 est.) 2.75% (31 December 2009 est.)


Syria	10.04% (31 December 2009 est.) 10.19% (31 December 2008 est.)


Taiwan	2.68% (31 December 2010) 2.56% (31 December 2009 est.)


Tajikistan	22.91% (31 December 2009 est.) 23.7% (31 December 2008 est.)


Tanzania	15.03% (31 December 2009 est.) 14.98% (31 December 2008 est.)


Thailand	6.1% (31 December 2010) 5.96% (31 December 2009)


Timor-Leste	11.17% (31 December 2009 est.) 13.11% (31 December 2008 est.)


Togo	NA%


Tonga	12.47% (31 December 2009 est.) 12.46% (31 December 2008 est.)


Trinidad and Tobago	11.94% (31 December 2009 est.) 12.44% (31 December 2008 est.)


Tunisia	NA%


Turkey	NA%


Uganda	20.96% (31 December 2009 est.) 20.45% (31 December 2008 est.)


Ukraine	20.86% (31 December 2009 est.) 17.49% (31 December 2008 est.)


United Kingdom	0.63% (31 December 2009 est.) 4.63% (31 December 2008 est.)


United States	3.25% (31 December 2009 est.) 5.09% (31 December 2008 est.)


Uruguay	10.6% (31 December 2010 est.) 15.28% (31 December 2009 est.)


Vanuatu	5.5% (31 December 2009 est.) 5.29% (31 December 2008 est.)


Venezuela	19.89% (31 December 2009 est.) 22.37% (31 December 2008 est.)


Vietnam	15.78% (31 December 2008) 11.18% (31 December 2007)


West Bank	5.78% (31 December 2009 est.) 7.19% (31 December 2008 est.)


Yemen	18% (31 December 2009 est.) 18% (31 December 2008 est.)


Zambia	22.06% (31 December 2009 est.) 19.06% (31 December 2008 est.)


Zimbabwe	10% (January 2011 est.) 578.96% (31 December 2007)

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