Countries with the Highest Lending Interest Rate 2023
Source:
World Bank
Key Findings
🏆
Zimbabwe leads in Lending interest rate (%) with 170.29 in 2023.
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Average Lending interest rate (%) in 2023: 33.80 · median: 20.20.
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Gap in 2023: Zimbabwe is 11.8× larger than Dominican Republic.
About This Dataset
Countries with the Highest Lending Interest Rate 2023
The 20 countries with the highest bank lending interest rate in 2023, the rate banks charge borrowers. Zimbabwe is highest at 170.29%, ahead of Argentina at 95.89% and Madagascar at 53.58%. Only 91 countries reported a comparable rate for 2023.
Analysis
The median reporting country charges 9.48%, so borrowing in Zimbabwe costs about 18.0 times as much. The lowest of the 91 reporting is Switzerland at 2.86%.
Data Insights
Numbers, trends & sources behind this chart
Methodology & source
- Data source
- World Bank
- Coverage
- 20 entities · 2023 · 20 observations
- Measure
- Lending interest rate (%)
- Last updated
- 31 August 2026
- Compiled by
- The ANYSTAT team, from the source above
How the figures are calculated
- Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
- Entities are ranked highest-first on their value in 2023.
Data Sources & References
All external sources cited in this dataset
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