Economy
Posted: 4 years ago

Georgia Ranks 88th in terms of Mortgage Interest Rates – Rating of Countries

The world’s cheapest mortgage loans are recorded in Finland, the most expensive mortgage loans are issued in Argentina.

As reported by the NUMBEO edition, among 103 countries, Georgia ranks 88th in terms of mortgage loans interest rates with an averaged 12.12%.

The list of Top 10 countries with the cheapest mortgage loans:
· 1. Finland - 1,46%
· 2. Japan - 1,48%
· 3. Slovakia - 1,60%
· 4. Switzerland - 1,61%
· 5. France - 1, 64%
· 6. Denmark - 1,77%
· 7. Belgium - 1,82%
· 8. Germany - 1,88%
· 9. Taiwan - 1,89%
· 10. Italy - 1,99%
 
The ten countries with the most expensive mortgage loans:
 
· 1. Argentina - 41,50%
· 2. Venezuela - 22,68%
· 3. Iran - 20,06%
· 4. Ukraine - 19,52%
· 5. Turkey - 18,65%
· 6. Uzbekistan - 18,38%
· 7. Nigeria - 17,69%
· 8. Kazakhstan - 15,50%
· 9. Sri-Lanka - 14,47%
· 10. Kenya - 14,17%