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 |
7% (31 December 2014 est.) 9.52% (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 |
16.21% (31 December 2014 est.) 15.04% (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 |
6.39% (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 |
7.56% (31 December 2014 est.) 8.11% (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 |
5.6% (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 |
5.56% (31 December 2014 est.) 6.24% (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 |
5.71% (31 December 2014 est.) 5.84% (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 |
12.6% (31 December 2014 est.) 11.7% (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 |
1.48% (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 |
5.2% (31 December 2014 est.) 5.4% (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 |
0.3% (31 December 2014 est.) 0.75% (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 |
7.1% (2013 est.) 6.4% (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 |
9.22% (31 December 2014 est.) 9.36% (31 December 2013 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 |
4.56% (31 December 2014 est.) 4.35% (31 December 2013 est.) |
| Poland |
6.3% (31 December 2014 est.) 7.07% (31 December 2013 est.) |
| Portugal |
5.08% (31 December 2014 est.) 5.69% (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 |
8.45% (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 |
13.04% (31 December 2014 est.) 12.35% (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 |
5.35% (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 |
9.25% (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 |
2.88% (31 January 2015 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 |
7% (31 December 2014 est.) 6.94% (31 December 2014 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.) |
| Tuvalu |
10.6% (2013 est.) 10.6% (2012 est.) |
| Uganda |
20.7% (31 December 2014 est.) 22% (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.) |



