| 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) |