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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Central Bank of Egypt Headquarters is seen in Cairo.

Interest rate is the price a borrower pays for the money borrowed from a lender.  

Banks borrow money from the central bank then lend the money at a higher rate to make profits.

Interest rates give an idea about the state of a national economy. Lower interest rates can boost domestic investment, business and productivity.

Take a look at interest rates across the world according to worldinterestrates.info...

Egypt

Current Rate: 9.25%
Previous Rate: 8.25%
Change: 1%
Last Change: Nov 24 2011

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Reserve Bank of India.

India

Current Rate: 7.75%
Previous Rate: 8%
Change: -0.25%
Last Change: Jan 29 2013

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Brazilian currency notes.

Brazil

Current Rate: 7.25%
Previous Rate: 7.5%
Change: -0.25%          
Last Change: Oct 10 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

China

Current Rate: 6%
Previous Rate: 6.31%
Change: -0.31%
Last Change: Jul 05 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Hungary

Current Rate: 6%
Previous Rate:6.25%
Change: -0.25%
Last Change: Nov 27 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Iceland

Current Rate: 6%
Previous Rate: 5.75%
Change: 0.25%
Last Change: Nov 14 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Central Bank of Indonesia.

Indonesia

Current Rate: 5.75%
Previous Rate:6%
Change: -0.25%
Last Change: Feb 09 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Turkey

Current Rate: 5.75%
Previous Rate:6.25%
Change: -0.5%
Last Change: Aug 05 2011

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Chile

Current Rate: 5%
Previous Rate: 5.25%
Change: -0.25%
Last Change: Jan 13 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

South Africa

Current Rate: 5%
Previous Rate:5.5%
Change: -0.5%
Last Change: Jul 19 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Bank of Mexico.

Mexico

Current Rate: 4.5%
Previous Rate:4.75%
Change: -0.25%
Last Change: Jul 17 2009

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
National Bank of Poland.

Poland

Current Rate: 4.5%
Previous Rate:4.75%
Change: -0.25%
Last Change: Nov 07 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Bank of the Republic.

Colombia

Current Rate: 4.25%
Previous Rate: 4.5%
Change: -0.25%
Last Change: Jan 04 2013                               

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Central Bank of the Philippines.

Philippines

Current Rate: 3.5%
Previous Rate: 3.75%
Change: -0.25%
Last Change: Oct 25 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Sun reflects off the front door sign of the Reserve Bank of Australia building in Sydney.

Australia

Current Rate: 3%
Previous Rate:3.25%
Change: -0.25%
Last Change: Dec 05 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Central Bank of Malaysia.

Malaysia

Current Rate: 3%
Previous Rate:2.75%
Change: 0.25%
Last Change: Jul 08 2010

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Seal of the Bank of Thailand.

Thailand

Current Rate: 2.75%
Previous Rate:3%
Change: -0.25%
Last Change: Oct 17 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Bank of Korea in Seoul, Korea.

Republic of Korea

Current Rate: 2.75%
Previous Rate:3.25%
Change: -0.5%
Last Change: Oct 11 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Reserve Bank of New Zealand.

New Zealand

Current Rate: 2.5%
Previous Rate:3%
Change: -0.5%
Last Change: Mar 09 2011

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Taiwan

Current Rate: 1.875%
Previous Rate:1.75%
Change: 0.125%
Last Change: Jul 01 2011

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Bank of Israel, Jerusalem.

Israel

Current Rate: 1.75%
Previous Rate:2%
Change: -0.25%
Last Change: Dec 24 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Central Bank of Norway.

Norway

Current Rate: 1.5%
Previous Rate:1.75%
Change: -0.25%
Last Change: Mar 14 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Denmark

Current Rate: 1.25%
Previous Rate:0.75%
Change: 0.5%
Last Change: Jul 08 2011

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Sweden

Current Rate: 1.25%
Previous Rate: 1.5%
Change: -0.25%
Last Change: Sep 06 2012 

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Bank of Canada.

Canada

Current Rate: 1%
Previous Rate:0.75%
Change: 0.25%
Last Change: Sep 08 2010

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
Czech central bank, HQ in Prague.

Czech Republic

Current Rate: 0.75%
Previous Rate:1%
Change: -0.25%
Last Change: May 06 2010

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

European Monetary Union

Current Rate: 0.75%
Previous Rate:1%
Change: -0.25%
Last Change: Jul 05 2012

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

United Kingdom

Current Rate: 0.5%
Previous Rate:1%
Change: -0.5%
Last Change: Mar 05 2009

Hong Kong
Current Rate: 0.5%
Previous Rate:1.5%
Change: -1%
Last Change: Dec 17 2008

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
The Federal Reserve Building stands in Washington.

United States

Current Rate: 0.25%
Previous Rate:1%
Change: -0.75%
Last Change: Dec 16 2008

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Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST
A man walks past the Bank of Japan headquarters building in Tokyo.

Japan

Current Rate: 0.1%
Previous Rate:0.3%
Change: -0.2%
Last Change: Dec 19 2008

Switzerland

Current Rate: 0%
Previous Rate: 0.25%
Change: -0.25%
Last Change: Aug 03 2011