Former British colonies Compared by Economy > Interest rate spread > Lending rate minus deposit rate
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DEFINITION:
Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Zimbabwe | 144.6% | 2005 | ||
| 2 | Malawi | 22.17% | 2005 | ||
| 3 | The Gambia | 17.58% | 2005 | ||
| 4 | Zambia | 17.02% | 2005 | ||
| 5 | Sierra Leone | 13.52% | 2005 | ||
| 6 | Guyana | 11.95% | 2005 | ||
| 7 | Uganda | 10.85% | 2005 | ||
| 8 | Tanzania | 10.41% | 2005 | ||
| 9 | Jamaica | 9.86% | 2005 | ||
| 10 | Bhutan | 9.5% | 2005 | ||
| 11 | Ghana | 9.08% | 1988 | ||
| 12 | Kenya | 7.8% | 2005 | ||
| 13 | Saint Lucia | 7.77% | 2005 | ||
| 14 | Lesotho | 7.76% | 2005 | ||
| 15 | Antigua and Barbuda | 7.54% | 2005 | ||
| 16 | Nigeria | 7.42% | 2005 | ||
| 17 | Grenada | 7.2% | 2005 | ||
| 18 | Trinidad and Tobago | 6.91% | 2005 | ||
| 19 | Dominica | 6.77% | 2005 | ||
| 20 | Swaziland | 6.61% | 2005 | ||
| 21 | Belize | 6.54% | 2005 | ||
| 22 | Maldives | 6.5% | 2005 | ||
| 23 | Botswana | 6.48% | 2005 | ||
| 24 | Fiji | 6.4% | 2005 | ||
| 25 | Barbados | 5.99% | 2005 | ||
| 26 | Egypt | 5.92% | 2005 | ||
| 27 | Bangladesh | 5.91% | 2005 | ||
| 28 | Saint Kitts and Nevis | 5.53% | 2005 | ||
| 29 | Burma | 5.5% | 2005 | ||
| 30 | Australia | 5.35% | 2005 | ||
| 31 | Yemen | 5% | 2005 | ||
| 32 | Singapore | 4.86% | 2005 | ||
| 33 | New Zealand | 4.85% | 2005 | ||
| 34 | Bahrain | 4.76% | 2005 | ||
| 35 | Jordan | 4.69% | 2005 | ||
| 36 | Brunei | 4.49% | 2005 | ||
| 37 | United Arab Emirates | 4.45% | 2001 | ||
| 38 | Namibia | 4.37% | 2005 | ||
| 39 | Kuwait | 4.03% | 2005 | ||
| 40 | Qatar | 4.02% | 1994 | ||
| 41 | Canada | 3.62% | 2005 | ||
| 42 | Israel | 3.15% | 2005 | ||
| 43 | Malaysia | 2.95% | 2005 | ||
| 44 | The Bahamas | 2.32% | 2005 | ||
| 45 | Sri Lanka | -3.23% | 2005 |
Citation
Interesting observations about Economy > Interest rate spread > Lending rate minus deposit rate
- Democratic Republic of the Congo ranked first for interest rate spread > lending rate minus deposit rate amongst Hot countries in 1996.
- Brazil ranked first for interest rate spread > lending rate minus deposit rate amongst Latin America and Caribbean in 2005.
- Zimbabwe ranked first for interest rate spread > lending rate minus deposit rate amongst Former British colonies in 2005.
- Laos ranked first for interest rate spread > lending rate minus deposit rate amongst East Asia and Pacific in 2005.
- Paraguay ranked first for interest rate spread > lending rate minus deposit rate amongst Former Spanish colonies in 2005.
- Angola ranked third for interest rate spread > lending rate minus deposit rate amongst Christian countries in 2005.
- Kyrgyzstan ranked first for interest rate spread > lending rate minus deposit rate amongst Muslim countries in 2005.
- Georgia ranked first for interest rate spread > lending rate minus deposit rate amongst Europe in 2005.
- Peru ranked second for interest rate spread > lending rate minus deposit rate amongst Emerging markets in 2005.
- Iceland ranked first for interest rate spread > lending rate minus deposit rate amongst High income OECD countries in 2004.
