Interest Rates On Bank Credit To The Private Sector

Asia Ranking

Source: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Tajikistan23.552019127.19
2Laos22.612010224
3Uzbekistan21.42021322.34
4Mongolia16.932020617
5Kyrgyzstan16.622021517.04
6Azerbaijan16.432021417.18
7Burma (Myanmar)14.832020716
8Bhutan142021814
9Maldives11.562021911.6
10Sri Lanka11.2420191011.55
11India9.152020139.45
12Indonesia8.922021129.54
13Pakistan8.6720211110.76
14Vietnam7.812021157.65
15Bangladesh7.322021148.3
16Philippines7.12019176.12
17Russia6.732021166.78
18Brunei5.52020185.5
19Macao5.262021195.26
20Singapore5.252021205.25
21Hong Kong52021215
22China4.352021224.35
23Malaysia3.442021233.94
24Thailand3.062021243.29
25South Korea2.882021252.8
26Japan0.992017261.04

Definition of Interest Rates On Bank Credit To The Private Sector

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

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