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Who Suffers from the Highest Short-term Interest Rate?

Short-Term Interest Rate (3-Month Interbank Interest Rate) (%), 2020
Economy | April 6, 2021
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Excel Sheet

Based on a comparison of 44 countries in 2020, Turkey ranked the highest in short-term interest rate measured by 3-month interbank interest rate with 11.1% followed by Indonesia and Mexico. On the other end of the scale was Switzerland with -0.700%, Bulgaria with -0.594% and Portugal with -0.420%.

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 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Brazil % 11.0% 13.5% 14.2% 9.92% 6.56%
Canada % 1.17% 0.823% 0.816% 1.06% 1.79%
Chile % 3.88% 3.57% 3.84% 2.89% 2.77%
China % 5.93% 4.91% 4.35% 4.35% 4.35%
Colombia % 4.07% 4.58% 6.78% 5.99% 4.71%
Czech Republic % 0.357% 0.308% 0.289% 0.408% 1.27%
Iceland % 6.05% 5.89% 6.28% 5.06% 4.72%
India % ... ... 7.92% 7.00% 6.38% 6.08% 6.33%
Indonesia % 8.75% 8.34% 7.16% 6.52% 6.13%
Mexico % 3.12% 3.14% 4.34% 6.88% 7.83%
Norway % 1.70% 1.29% 1.07% 0.890% 1.07%
Romania % 2.29% 1.10% 0.581% 0.948% 2.60%
South Africa % 5.80% 6.05% 7.23% 7.33% 7.15%
South Korea % 2.49% 1.77% 1.49% 1.44% 1.68%
Turkey % 10.3% 11.0% 10.3% 12.8% 19.8%