Based on a comparison of 44 countries in 2021, Turkey ranked the highest in short-term interest rate measured by 3-month interbank interest rate with 15.8% followed by Indonesia and China. On the other end of the scale was Switzerland with -0.735%, Italy with -0.500% and Latvia with -0.500%.
Data for more countries are available at Short-Term Interest Rate (3-Month Interbank Interest Rate) indicator page.
| Short-Term Interest Rate (3-Month Interbank Interest Rate) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Brazil | % | 14.2% | 9.92% | 6.56% | 5.92% | 2.84% | ||||||||||||||||
| China | % | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | ||||||||||||||||
| Colombia | % | 6.78% | 5.99% | 4.71% | 4.50% | 3.32% | ||||||||||||||||
| Czechia | % | 0.287% | 0.753% | 2.01% | 2.18% | 0.351% | ||||||||||||||||
| Hungary | % | 0.734% | 0.027% | 0.043% | -0.001% | 0.430% | ||||||||||||||||
| Iceland | % | 6.28% | 5.06% | 4.72% | 4.39% | 1.95% | ||||||||||||||||
| India | % | 6.38% | 6.08% | 6.33% | 5.37% | 3.96% | ||||||||||||||||
| Indonesia | % | 7.16% | 6.52% | 6.13% | 6.69% | 5.86% | ||||||||||||||||
| Mexico | % | 4.34% | 6.88% | 7.83% | 7.93% | 5.33% | ||||||||||||||||
| New Zealand | % | 2.33% | 1.96% | 1.95% | 1.52% | 0.490% | ||||||||||||||||
| Norway | % | 1.07% | 0.890% | 1.07% | 1.55% | 0.671% | ||||||||||||||||
| Romania | % | 0.581% | 0.948% | 2.60% | 2.97% | 2.24% | ||||||||||||||||
| South Africa | % | 7.23% | 7.33% | 7.15% | 7.08% | 4.41% | ||||||||||||||||
| South Korea | % | 1.49% | 1.44% | 1.68% | 1.70% | 0.936% | ||||||||||||||||
| Turkey | % | 10.3% | 12.8% | 19.8% | 20.7% | 11.1% |
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