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India - Loan Interest Rate 8.57

World Bank WDI · updated 2026-10-15 · 148 economies tracked

Latest value

8.57 (2022)

Global rank

##47 of 148 economies

vs global median

1.0×

Growth since 1978

0.63×

Ranking Race — Loan Interest Rate

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#9119601970198019902000201020202025#3#472020 overtook Guyana2021 overtook Colombia
IndiaMadagascarZimbabweArgentinaBrazil

Real annual global ranks, 1960 - 2025. India climbed from #3 to #47 (overtook Guyana). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2010
Fell 31 places in global rank auto
2011
Climbed 22 places in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
Overtook Guyana in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2021
Overtook Colombia in global rank auto

Loan Interest Rate, 1978-2022

World Bank WDI · % · linear scale · ranking in the race above
1978198819982008201820228.3311.8615.3918.92

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