Countries with the Highest Interest Rates (2026) (2023)
Source: World Bank·25 countries·Updated 2023
High interest rates reflect inflationary pressures or credit risk. {#1} has a lending rate of {#1_value}.
Zimbabwe leads with lending interest rate (%) of 170.3%.
Argentina ranks #2 at 61.7%.
Madagascar ranks #3 at 53.6%.
Brazil ranks #4 at 40.2%.
Malawi ranks #5 at 37.1%.
Top 25 Countries by Lending Interest Rate (%)
| # | Country | Lending Interest Rate (%) | Year |
|---|---|---|---|
| 1 |  Zimbabwe | 170.3% | 2023 |
| 2 |  Argentina | 61.7% | 2024 |
| 3 |  Madagascar | 53.6% | 2023 |
| 4 |  Brazil | 40.2% | 2024 |
| 5 |  Malawi | 37.1% | 2024 |
| 6 |  Egypt, Arab Rep. | 24.3% | 2024 |
| 7 |  Congo, Dem. Rep. | 23.3% | 2021 |
| 8 |  Uzbekistan | 23.1% | 2024 |
| 9 |  Mozambique | 21.7% | 2024 |
| 10 |  Gambia, The | 20.8% | 2023 |
| 11 |  Sierra Leone | 20.4% | 2024 |
| 12 |  Kyrgyz Republic | 19.8% | 2024 |
| 13 |  Ukraine | 19.6% | 2024 |
| 14 |  Angola | 19.4% | 2024 |
| 15 |  Sao Tome and Principe | 17.8% | 2023 |
| 16 |  Tanzania | 16.7% | 2020 |
| 17 |  Colombia | 16.4% | 2024 |
| 18 |  Rwanda | 16.0% | 2024 |
| 19 |  Mongolia | 16.0% | 2021 |
| 20 |  Honduras | 16.0% | 2024 |
| 21 |  Dominican Republic | 15.3% | 2024 |
| 22 |  Myanmar | 14.8% | 2020 |
| 23 |  Suriname | 14.8% | 2024 |
| 24 |  South Sudan | 14.7% | 2024 |
| 25 |  Azerbaijan | 14.7% | 2024 |
Data from 112 countries is available. View full rankings →
FAQ
What is the highest lending interest rate (%) in 2023?
Zimbabwe has the highest lending interest rate (%) at 170.3% in 2023.
How many countries are included in this ranking?
This article features the top 25 countries out of 112 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.