Interest rate spread

(%)

Zimbabwe is the top country by interest rate spread in the world. As of 2022, interest rate spread in Zimbabwe was 97.09 %. The top 5 countries also includes Madagascar, Brazil, Kyrgyzstan, and South Sudan.

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What is interest rate spread?

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.