Mortgage Interest Rate
Global Ranking
percentSource: IMF
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Argentina | 105.49 | 9-2023 | 1 | 82.17 |
| 2 | Turkey | 42.21 | 9-2023 | 2 | 24.45 |
| 3 ↑ | Vanuatu | 16.25 | 12-2022 | 6 | 13.25 |
| 4 ↑ | Suriname | 13.63 | 6-2023 | 5 | 13.29 |
| 5 ↓ | Liberia | 13.38 | 9-2022 | 3 | 13.38 |
| 6 ↓ | Ukraine | 13.17 | 6-2023 | 4 | 13.37 |
| 7 ↑ | Armenia | 12.6 | 9-2023 | 9 | 12.53 |
| 8 ↓ | Nepal | 12.43 | 7-2023 | 7 | 12.87 |
| 9 ↑ | South Africa | 11.75 | 8-2023 | 12 | 11.75 |
| 10 ↑ | Georgia | 11.63 | 9-2023 | 11 | 11.84 |
| 11 ↑ | Brazil | 11.49 | 6-2023 | 15 | 11 |
| 12 ↓ | Dominican Republic | 11.03 | 6-2023 | 10 | 12.24 |
| 13 ↑ | Paraguay | 10.87 | 6-2023 | 14 | 11.44 |
| 14 ↓ | Bhutan | 10.54 | 6-2023 | 8 | 12.82 |
| 15 ↑ | Guinea-Bissau | 10.4 | 6-2023 | 26 | 8.18 |
| 16 | Serbia | 10.09 | 6-2023 | 16 | 10.07 |
| 17 | Saint Lucia | 10 | 12-2019 | 17 | 10 |
| 18 ↑ | Niger | 9.61 | 6-2023 | 21 | 8.85 |
| 19 ↑ | Costa Rica | 9.22 | 9-2023 | 20 | 9.31 |
| 20 ↓ | Russia | 9.2 | 11-2019 | 19 | 9.4 |
| 21 ↑ | Benin | 9.03 | 6-2023 | 24 | 8.41 |
| 22 ↓ | Moldova | 8.89 | 9-2023 | 13 | 11.55 |
| 23 ↑ | Saudi Arabia | 8.8 | 5-2022 | 83 | |
| 24 ↓ | Bangladesh | 8.73 | 6-2023 | 22 | 8.75 |
| 25 ↓ | Kazakhstan | 8.66 | 12-2022 | 23 | 8.68 |
| 26 ↑ | Mali | 8.47 | 6-2023 | 32 | 7.88 |
| 27 ↑ | Senegal | 8.27 | 3-2023 | 45 | 6 |
| 28 ↓ | Togo | 8.2 | 6-2023 | 25 | 8.26 |
| 29 ↓ | Tonga | 8.1 | 6-2022 | 28 | 8.1 |
| 30 ↓ | Antigua and Barbuda | 8 | 12-2019 | 29 | 8 |
| 30 ↓ | Saint Vincent and the Grenadines | 8 | 12-2019 | 29 | 8 |
| 32 ↑ | Dominica | 7.75 | 12-2019 | 33 | 7.75 |
| 33 ↑ | El Salvador | 7.65 | 9-2023 | 35 | 7.44 |
| 34 ↑ | Australia | 7.59 | 7-2023 | 36 | 7.17 |
| 35 ↓ | Romania | 7.56 | 9-2023 | 27 | 8.17 |
| 36 ↓ | Ivory Coast | 7.4 | 6-2023 | 31 | 7.91 |
| 37 | Jamaica | 7.36 | 7-2023 | 37 | 7.15 |
| 38 | New Zealand | 7.33 | 7-2023 | 38 | 7.14 |
| 39 | Poland | 7.32 | 6-2023 | 39 | 7.12 |
| 40 ↑ | Latvia | 7.31 | 6-2023 | 43 | 6.76 |
| 41 ↓ | Trinidad and Tobago | 7.25 | 3-2023 | 18 | 9.5 |
| 42 ↓ | Peru | 7.09 | 6-2023 | 41 | 6.99 |
| 43 ↑ | United States | 7.02 | 9-2023 | 44 | 6.39 |
| 44 ↓ | Grenada | 7 | 12-2019 | 40 | 7 |
| 45 ↓ | Montserrat | 6.88 | 12-2019 | 42 | 6.88 |
| 46 ↓ | Burkina Faso | 6.68 | 6-2023 | 34 | 7.63 |
| 47 | Estonia | 5.73 | 9-2023 | 47 | 5.39 |
| 48 ↓ | Bahrain | 5.64 | 6-2023 | 46 | 5.72 |
| 49 ↑ | United Kingdom | 5.39 | 9-2023 | 50 | 4.95 |
| 50 ↑ | Lithuania | 5.31 | 6-2023 | 54 | 4.52 |
| 51 ↓ | Aruba | 5.2 | 6-2023 | 48 | 5.2 |
| 52 ↓ | Bahamas | 5.19 | 6-2023 | 49 | 5.14 |
| 53 | Denmark | 5.16 | 9-2023 | 53 | 4.84 |
| 54 ↓ | Hungary | 5.09 | 6-2023 | 51 | 4.94 |
| 55 ↓ | Montenegro | 4.98 | 9-2023 | 51 | 4.94 |
| 56 ↑ | Norway | 4.66 | 6-2023 | 58 | 4.2 |
| 57 ↓ | Albania | 4.53 | 12-2022 | 56 | 4.37 |
| 58 ↑ | Bosnia and Herzegovina | 4.45 | 6-2023 | 60 | 4.17 |
| 59 ↓ | Canada | 4.44 | 6-2023 | 57 | 4.26 |
| 60 ↓ | Chile | 4.35 | 9-2023 | 58 | 4.2 |
| 61 ↓ | South Korea | 4.26 | 6-2023 | 55 | 4.4 |
| 62 | Greece | 4.07 | 6-2023 | 62 | 3.78 |
| 63 ↓ | Germany | 4.06 | 6-2023 | 61 | 3.88 |
| 64 ↑ | Portugal | 3.99 | 6-2023 | 66 | 3.48 |
| 65 ↓ | Austria | 3.94 | 6-2023 | 64 | 3.6 |
| 66 ↓ | Slovakia | 3.9 | 6-2023 | 63 | 3.68 |
| 67 | Sweden | 3.8 | 9-2023 | 67 | 3.43 |
| 68 | Slovenia | 3.77 | 6-2023 | 68 | 3.41 |
| 69 | Ireland | 3.62 | 6-2023 | 69 | 3.37 |
| 70 ↓ | Macedonia | 3.61 | 6-2023 | 65 | 3.56 |
| 71 ↓ | Cyprus | 3.59 | 6-2023 | 70 | 3.32 |
| 72 | Finland | 3.39 | 6-2023 | 72 | 2.88 |
| 73 ↑ | Spain | 3.19 | 6-2023 | 76 | 2.7 |
| 74 ↑ | France | 3.04 | 6-2023 | 79 | 2.54 |
| 75 ↓ | Switzerland | 3.02 | 6-2023 | 71 | 3.11 |
| 76 ↓ | Czech Republic | 2.94 | 6-2023 | 74 | 2.81 |
| 77 | Italy | 2.92 | 6-2023 | 77 | 2.66 |
| 78 ↓ | Croatia | 2.85 | 6-2023 | 73 | 2.87 |
| 79 ↓ | Bulgaria | 2.81 | 9-2023 | 74 | 2.81 |
| 80 ↓ | Malta | 2.72 | 6-2023 | 78 | 2.65 |
| 81 ↓ | Belgium | 2.7 | 6-2023 | 80 | 2.43 |
| 81 | Luxembourg | 2.7 | 6-2023 | 81 | 2.42 |
| 83 ↓ | Netherlands | 2.45 | 6-2023 | 82 | 2.4 |
Definition of Mortgage Interest Rate
The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.
