China: Real interest rate

* indicates monthly or quarterly data series
 China

Real interest rate: Bank lending rate minus inflation

 Latest value 4.91
 Year 2023
 Measure percent
 Data availability 1980 - 2023
 Average 2.09
 Min - Max -7.99 - 7.36
 Source The International Monetary Fund
For that indicator, we provide data for China from 1980 to 2023. The average value for China during that period was 2.09 percent with a minimum of -7.99 percent in 1994 and a maximum of 7.36 percent in 1998. The latest value from 2023 is 4.91 percent. For comparison, the world average in 2023 based on 81 countries is 4.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
China - Real interest rate - Recent values chart

Historical chart
China - Real interest rate - historical chart - 1980-2023




Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

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 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 2.85 2020 interest rate points
 Bank cost to income ratio 31.75 2021 percent
 Non-performing loans 1.73 2021 percent
 Bank overhead cost 0.81 2021 percent
 Net interest margin 2.16 2021 percent
 Bank credit to deposits 366.00 2021 percent
 Regulatory capital to risk-weighted assets 14.70 2020 percent
 Return on assets 1.02 2021 percent
 Return on equity 12.18 2021 percent
 Banking system z-scores 25.02 2021 index points
 Liquid assets to deposits 18.90 2021 percent
 Banking system capital to assets 9.24 2020 percent
 Non-interest income to total income 23.97 2021 percent
 Lending interest rate 4.35 2022 percent
 Real interest rate 4.91 2023 percent
 Legal rights 3.00 2019 points
 Credit information sharing 8.00 2019 points
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