5 Countries With Highest Interest Rates

 4. Republic of the Sudan

Interest rate as of November 2022: 27.3%

The Republic of the Sudan is a Northeastern African country that traces its history back to the 2,500 BC, to the time of the Egyptian pharaohs. Modern day Sudan gained its independence from the United Kingdom in 1956. The country also counted itself as an Islamic country from 1983 until 2020, when it decided to secularize itself. The Sudanese economy was worth $175 billion in 2019 with a GDP per capita of $4,072. The country has a 27.3% interest rate and it is the fifth highest in the world and the highest in Africa as it sits at a whopping 105%.