This dataset provides values for BANK LENDING RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

With average lending interest rates of less than three percent in 2023, Switzerland was the country with the lowest cost of borrowing money among the ones selected here. The average lending interest rate in China was 4.35 percent, and in South Korea it was roughly 5.2 percent. The average interest rate in the United States was 3.25 in 2021, the latest available data, but the prime rate charged by banks in that country has increased since then.

Key information about Mexico Bank Lending Rate

• Mexico Bank Lending Rate was reported at 10.380 % pa in Jan 2025.
• This records a decrease from the previous number of 10.620 % pa for Dec 2024.
• Mexico Bank Lending Rate data is updated monthly, averaging 7.973 % pa from Sep 1993 to Jan 2025, with 377 observations.
• The data reached an all-time high of 91.970 % pa in Apr 1995 and a record low of 3.290 % pa in Sep 2014.
• Mexico Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Paraguay Lending Rate: Weighted Average: Banks: Effective: Development Loan: Foreign Currency: Less than 1 Year data was reported at 7.100 % in Sep 2018. This records an increase from the previous number of 6.340 % for Aug 2018. Paraguay Lending Rate: Weighted Average: Banks: Effective: Development Loan: Foreign Currency: Less than 1 Year data is updated monthly, averaging 7.865 % from Aug 2007 (Median) to Sep 2018, with 134 observations. The data reached an all-time high of 12.370 % in Dec 2008 and a record low of 5.810 % in Feb 2018. Paraguay Lending Rate: Weighted Average: Banks: Effective: Development Loan: Foreign Currency: Less than 1 Year data remains active status in CEIC and is reported by Central Bank of Paraguay. The data is categorized under Global Database’s Paraguay – Table PY.M004: Lending Rate: Banks.

This dataset provides values for BANK LENDING RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The International Bank for Reconstruction and Development (IBRD) loans are public and publicly guaranteed debt extended by the World Bank Group. IBRD loans are made to, or guaranteed by, countries that are members of IBRD. IBRD may also make loans to IFC. IBRD lends at market rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the Statement of Loans. The World Bank complies with all sanctions applicable to World Bank transactions.

In January 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.5 percent in January 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Peru Lending Rate: Commercial Banks: Foreign Currency: Mortgage data was reported at 7.156 % pa in Oct 2018. This records a decrease from the previous number of 7.186 % pa for Sep 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Mortgage data is updated monthly, averaging 8.334 % pa from Aug 2010 (Median) to Oct 2018, with 99 observations. The data reached an all-time high of 9.469 % pa in Aug 2010 and a record low of 7.156 % pa in Oct 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Mortgage data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.M007: Lending Rate: Commercial Banks.

The International Bank for Reconstruction and Development (IBRD) loans are public and publicly guaranteed debt extended by the World Bank Group. IBRD loans are made to, or guaranteed by, countries that are members of IBRD. IBRD may also make loans to IFC. IBRD lends at market rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the Statement of Loans. The World Bank complies with all sanctions applicable to World Bank transactions.

Key information about Montenegro Bank Lending Rate

• Montenegro Bank Lending Rate was reported at 6.500 % pa in Dec 2024.
• This records a decrease from the previous number of 6.550 % pa for Nov 2024.
• Montenegro Bank Lending Rate data is updated monthly, averaging 9.035 % pa from Sep 2005 to Dec 2024, with 226 observations.
• The data reached an all-time high of 12.570 % pa in Sep 2005 and a record low of 5.540 % pa in May 2022.
• Montenegro Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

India Weighted Average Lending Rates: Fresh Rupee Loans Sanctioned: Foreign Banks data was reported at 9.320 % in Sep 2018. This records a decrease from the previous number of 9.390 % for Aug 2018. India Weighted Average Lending Rates: Fresh Rupee Loans Sanctioned: Foreign Banks data is updated monthly, averaging 9.510 % from Sep 2014 (Median) to Sep 2018, with 49 observations. The data reached an all-time high of 11.110 % in Oct 2014 and a record low of 8.880 % in May 2018. India Weighted Average Lending Rates: Fresh Rupee Loans Sanctioned: Foreign Banks data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB007: Lending Rate: Weighted Average Lending Rates.

Georgia Lending Rate: OA: Foreign Currency (FC): Interbank Loans: Residents data was reported at 0.000 % pa in Sep 2018. This stayed constant from the previous number of 0.000 % pa for Aug 2018. Georgia Lending Rate: OA: Foreign Currency (FC): Interbank Loans: Residents data is updated monthly, averaging 2.900 % pa from Jan 2003 (Median) to Sep 2018, with 189 observations. The data reached an all-time high of 24.000 % pa in Apr 2011 and a record low of 0.000 % pa in Sep 2018. Georgia Lending Rate: OA: Foreign Currency (FC): Interbank Loans: Residents data remains active status in CEIC and is reported by National Bank of Georgia . The data is categorized under Global Database’s Georgia – Table GE.M008: Lending Rates: Commercial Banks. Including overdue loan amounts since December 1, 2015.

Key information about Mozambique Bank Lending Rate

• Mozambique Bank Lending Rate was reported at 19.000 % pa in Feb 2025.
• This stayed constant from the previous number of 19.000 % pa for Jan 2025.
• Mozambique Bank Lending Rate data is updated monthly, averaging 19.410 % pa from Aug 1997 to Feb 2025, with 331 observations.
• The data reached an all-time high of 33.500 % pa in Oct 1997 and a record low of 14.358 % pa in Feb 2010.
• Mozambique Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Peru Lending Rate: Commercial Banks: Foreign Currency: Corporate Prime: 90 Days data was reported at 3.294 % pa in Nov 2018. This records an increase from the previous number of 3.216 % pa for Oct 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Corporate Prime: 90 Days data is updated monthly, averaging 2.512 % pa from Oct 2000 (Median) to Nov 2018, with 218 observations. The data reached an all-time high of 9.990 % pa in May 2008 and a record low of 0.607 % pa in Aug 2015. Peru Lending Rate: Commercial Banks: Foreign Currency: Corporate Prime: 90 Days data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.M007: Lending Rate: Commercial Banks.

Peru Lending Rate: Commercial Banks: Foreign Currency: Microbusinesses: Discount data was reported at 8.694 % pa in Jun 2018. This records a decrease from the previous number of 9.505 % pa for May 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Microbusinesses: Discount data is updated monthly, averaging 11.592 % pa from Aug 2010 (Median) to Jun 2018, with 95 observations. The data reached an all-time high of 16.349 % pa in Oct 2010 and a record low of 5.293 % pa in Aug 2016. Peru Lending Rate: Commercial Banks: Foreign Currency: Microbusinesses: Discount data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.M007: Lending Rate: Commercial Banks.

Indonesia Lending Rate: IDR: Working Capital: Foreign and Joint Banks data was reported at 8.800 % pa in Jun 2019. This records a decrease from the previous number of 8.840 % pa for May 2019. Indonesia Lending Rate: IDR: Working Capital: Foreign and Joint Banks data is updated monthly, averaging 11.530 % pa from Jun 1993 (Median) to Jun 2019, with 313 observations. The data reached an all-time high of 52.530 % pa in Sep 1998 and a record low of 7.710 % pa in Mar 2018. Indonesia Lending Rate: IDR: Working Capital: Foreign and Joint Banks data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.MB003: Lending Rate: By Banks.

Key information about Peru Bank Lending Rate

• Peru Bank Lending Rate was reported at 14.991 % pa in Jan 2025.
• This records an increase from the previous number of 14.878 % pa for Dec 2024.
• Peru Bank Lending Rate data is updated monthly, averaging 23.552 % pa from Aug 1985 to Jan 2025, with 474 observations.
• The data reached an all-time high of 12,448.081 % pa in Aug 1990 and a record low of 10.491 % pa in Sep 2021.
• Peru Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Belarus Lending Rate: Average: Foreign Currency (FC): Loans to Non Bank Financial Organizations data was reported at 8.960 % pa in Jan 2025. This records a decrease from the previous number of 8.980 % pa for Dec 2024. Belarus Lending Rate: Average: Foreign Currency (FC): Loans to Non Bank Financial Organizations data is updated monthly, averaging 9.650 % pa from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 12.600 % pa in Apr 2009 and a record low of 1.100 % pa in Feb 2004. Belarus Lending Rate: Average: Foreign Currency (FC): Loans to Non Bank Financial Organizations data remains active status in CEIC and is reported by National Bank of the Republic of Belarus. The data is categorized under Global Database’s Belarus – Table BY.M008: Average Lending Rate: by Sector of the Economy: Foreign Currency.

Peru Lending Rate: Commercial Banks: Foreign Currency: Consumption: Loans: < 360 Days data was reported at 6.977 % pa in Oct 2018. This records a decrease from the previous number of 7.150 % pa for Sep 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Consumption: Loans: < 360 Days data is updated monthly, averaging 10.320 % pa from Aug 2010 (Median) to Oct 2018, with 99 observations. The data reached an all-time high of 12.465 % pa in Jan 2017 and a record low of 6.977 % pa in Oct 2018. Peru Lending Rate: Commercial Banks: Foreign Currency: Consumption: Loans: < 360 Days data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.M007: Lending Rate: Commercial Banks.

Key information about Myanmar Bank Lending Rate

• Myanmar Bank Lending Rate was reported at 14.500 % pa in May 2021.
• This stayed constant from the previous number of 14.500 % pa for Apr 2021.
• Myanmar Bank Lending Rate data is updated monthly, averaging 18.462 % pa from Jan 1994 to May 2021, with 329 observations.
• The data reached an all-time high of 20.923 % pa in Aug 2011 and a record low of 14.500 % pa in May 2021.
• Myanmar Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.