Lending rate
What do banks charge for credit there?
Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.
Switzerland leads with 2.82 %; Madagascar sits last at 60.00 %. Best-for-you first — lower is better here.
Coverage: 67 of ~66 countries this field can reach — IMF MFS_IR MFS162 — 136 report, minus non-catalogue and pre-2021 observations
Free to republish — just credit us
Fiatmap, “Lending rate by country”, fiatmap.com/rankings/lending-rates. Licensed CC BY 4.0. Underlying data: official statistics (BIS, ECB, FRED, Eurostat, OECD, World Bank, SSB), each value dated at source.
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Top-10 table (live)
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World map
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On the map
The full ranking
| 1 | Switzerland | 2.82 % | 2025 | Checked 9 Sept 2026 |
| 2 | Israel | 2.96 % | 2022 | Checked 9 Sept 2026 |
| 3 | United States | 3.25 % | 2021 | Checked 9 Sept 2026 |
| 4 | Thailand | 3.94 % | 2025 | Checked 9 Sept 2026 |
| 5 | Bosnia and Herzegovina | 4.10 % | 2025 | Checked 9 Sept 2026 |
| 6 | South Korea | 4.19 % | 2025 | Checked 9 Sept 2026 |
| 7 | Bulgaria | 4.24 % | 2025 | Checked 9 Sept 2026 |
| 8 | Bahamas | 4.25 % | 2025 | Checked 9 Sept 2026 |
| 9 | Fiji | 4.56 % | 2024 | Checked 9 Sept 2026 |
| 10 | Czech Republic | 4.67 % | 2025 | Checked 9 Sept 2026 |
| 11 | Qatar | 4.75 % | 2025 | Checked 9 Sept 2026 |
| 12 | Malaysia | 4.82 % | 2025 | Checked 9 Sept 2026 |
| 13 | Italy | 4.89 % | 2023 | Checked 9 Sept 2026 |
| 14 | Kuwait | 5.03 % | 2025 | Checked 9 Sept 2026 |
| 15 | Hong Kong | 5.18 % | 2025 | Checked 9 Sept 2026 |
| 16 | Brunei | 5.50 % | 2025 | Checked 9 Sept 2026 |
| 17 | Norway | 5.88 % | 2025 | Checked 9 Sept 2026 |
| 18 | Botswana | 6.26 % | 2024 | Checked 9 Sept 2026 |
| 19 | Montenegro | 6.32 % | 2025 | Checked 9 Sept 2026 |
| 20 | Costa Rica | 6.88 % | 2025 | Checked 9 Sept 2026 |
| 21 | Panama | 6.91 % | 2022 | Checked 9 Sept 2026 |
| 22 | Trinidad and Tobago | 7.50 % | 2025 | Checked 9 Sept 2026 |
| 23 | Algeria | 8.00 % | 2025 | Checked 9 Sept 2026 |
| 24 | Hungary | 8.01 % | 2025 | Checked 9 Sept 2026 |
| 25 | Barbados | 8.05 % | 2022 | Checked 9 Sept 2026 |
| 26 | Jordan | 8.10 % | 2025 | Checked 9 Sept 2026 |
| 27 | Guyana | 8.23 % | 2025 | Checked 9 Sept 2026 |
| 28 | Papua New Guinea | 8.29 % | 2024 | Checked 9 Sept 2026 |
| 29 | Belize | 8.48 % | 2025 | Checked 9 Sept 2026 |
| 30 | Indonesia | 8.50 % | 2025 | Checked 9 Sept 2026 |
| 31 | Romania | 8.52 % | 2025 | Checked 9 Sept 2026 |
| 32 | Bangladesh | 8.62 % | 2025 | Checked 9 Sept 2026 |
| 33 | Pakistan | 8.67 % | 2021 | Checked 9 Sept 2026 |
| 34 | Mexico | 8.79 % | 2025 | Checked 9 Sept 2026 |
| 35 | Moldova | 8.99 % | 2025 | Checked 9 Sept 2026 |
| 36 | Mauritius | 9.00 % | 2025 | Checked 9 Sept 2026 |
| 37 | Nicaragua | 9.16 % | 2025 | Checked 9 Sept 2026 |
| 38 | Uruguay | 10.06 % | 2025 | Checked 9 Sept 2026 |
| 39 | Bolivia | 10.19 % | 2025 | Checked 9 Sept 2026 |
| 40 | South Africa | 10.69 % | 2025 | Checked 9 Sept 2026 |
| 41 | Belarus | 10.95 % | 2025 | Checked 9 Sept 2026 |
| 42 | Namibia | 10.96 % | 2024 | Checked 9 Sept 2026 |
| 43 | Peru | 12.60 % | 2022 | Checked 9 Sept 2026 |
| 44 | Guatemala | 12.85 % | 2025 | Checked 9 Sept 2026 |
| 45 | Haiti | 13.01 % | 2025 | Checked 9 Sept 2026 |
| 46 | Armenia | 13.78 % | 2025 | Checked 9 Sept 2026 |
| 47 | Colombia | 14.31 % | 2025 | Checked 9 Sept 2026 |
| 48 | Suriname | 14.50 % | 2025 | Checked 9 Sept 2026 |
| 49 | Dominican Republic | 15.25 % | 2024 | Checked 9 Sept 2026 |
| 50 | Azerbaijan | 15.34 % | 2025 | Checked 9 Sept 2026 |
| 51 | Georgia | 15.91 % | 2025 | Checked 9 Sept 2026 |
| 52 | Mongolia | 16.01 % | 2021 | Checked 9 Sept 2026 |
| 53 | Rwanda | 16.02 % | 2024 | Checked 9 Sept 2026 |
| 54 | Kenya | 16.59 % | 2024 | Checked 9 Sept 2026 |
| 55 | Russia | 17.09 % | 2024 | Checked 9 Sept 2026 |
| 56 | Mozambique | 17.53 % | 2025 | Checked 9 Sept 2026 |
| 57 | Nigeria | 18.45 % | 2025 | Checked 9 Sept 2026 |
| 58 | Honduras | 18.58 % | 2025 | Checked 9 Sept 2026 |
| 59 | Angola | 19.37 % | 2025 | Checked 9 Sept 2026 |
| 60 | Ukraine | 19.70 % | 2025 | Checked 9 Sept 2026 |
| 61 | Kyrgyzstan | 19.78 % | 2024 | Checked 9 Sept 2026 |
| 62 | Egypt | 24.29 % | 2024 | Checked 9 Sept 2026 |
| 63 | Malawi | 37.06 % | 2024 | Checked 9 Sept 2026 |
| 64 | Brazil | 45.33 % | 2025 | Checked 9 Sept 2026 |
| 65 | Argentina | 46.02 % | 2025 | Checked 9 Sept 2026 |
| 66 | Zimbabwe | 46.36 % | 2025 | Checked 9 Sept 2026 |
| 67 | Madagascar | 60.00 % | 2025 | Checked 9 Sept 2026 |
Regional averages
Europe (13)
8.17 %
Americas (21)
13.53 %
Asia (17)
8.89 %
Africa (14)
21.47 %
Unweighted mean of the published values in each region — our aggregation, not an official statistic.
How to read this figure
The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.
Countries with the lowest lending rate · Countries with the highest lending rate
How to read this list
Bank lending rate, IMF-harmonised — the price of credit, ~150 economies. 67 countries publish it; the rest are absent from the list rather than shown as zero. The figures were observed between 2021 and 2025 — a spread of 48 months — so this compares each country’s latest published number, not one moment in time. Every row carries its own date in the CSV and JSON; use it. Nothing here is estimated or carried forward to fill a gap. This metric is one column of the full dataset.