Countries with the Highest Lending Interest Rate 2023

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.
✨ AI Insight

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%.

Source:  World Bank

Key Findings

Auto-computed highlights from this dataset

🏆
Zimbabwe leads with 170 in 2023.
📊
Average value in 2023: 34  ·  median: 20.
↔️
Gap in 2023: Zimbabwe is 11.8× larger than Dominican Republic.

Countries with the Highest Lending Interest Rate 2023

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Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
20
20 categories  ·  1 year
↑
Top Value
170.29
Zimbabwe
Lending interest rate (%) · 2023
◈
Metrics
1
Lending interest rate (%)
◷
Period
2023
Single year snapshot

Rankings & Full Data

20 records · Lending interest rate (%) · ranked by 2023

✓ 20 sourced
# Category 2023 Source
🥇 Zimbabwe 170.29
🥈 Argentina 95.89
🥉 Madagascar 53.58
4 Brazil 43.60
5 Malawi 33.55
6 Mozambique 23.70
7 Uzbekistan 22.15
8 Ukraine 22.11
9 Colombia 21.03
10 Gambia 20.75
11 Sierra Leone 19.64
12 Kyrgyzstan 19.11
13 Sao Tome and Principe 17.81
14 Egypt 17.76
15 Angola 16.92
16 South Sudan 16.36
17 Rwanda 16.06
18 Georgia 16.01
19 Hungary 15.30
20 Dominican Republic 14.43

Data Sources & References

All external sources cited in this dataset

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