Guyana: Real interest rate
* indicates monthly or quarterly data series
| Guyana |
Real interest rate: Bank lending rate minus inflation |
|---|---|
| Latest value | 24.38 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1981 - 2023 |
| Average | 3.54 |
| Min - Max | -58.33 - 48.52 |
| Source | The International Monetary Fund |
The latest value from 2023 is 24.38 percent, an increase from -3.25 percent in 2022. In comparison, the world average is 4.42 percent, based on data from 87 countries. Historically, the average for Guyana from 1981 to 2023 is 3.54 percent. The minimum value, -58.33 percent, was reached in 2006 while the maximum of 48.52 percent was recorded in 2020.
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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 | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 8.62 | 2020 | interest rate points |
| Bank cost to income ratio | 46.07 | 2021 | percent |
| Bank overhead cost | 2.60 | 2021 | percent |
| Net interest margin | 5.52 | 2021 | percent |
| Bank credit to deposits | 60.26 | 2021 | percent |
| Return on assets | 2.86 | 2021 | percent |
| Return on equity | 20.49 | 2021 | percent |
| Banking system z-scores | 26.12 | 2021 | index points |
| Liquid assets to deposits | 30.24 | 2021 | percent |
| Non-interest income to total income | 28.20 | 2021 | percent |
| Lending interest rate | 8.38 | 2023 | percent |
| Real interest rate | 24.38 | 2023 | percent |
| Legal rights | 3.00 | 2019 | points |
| Credit information sharing | 8.00 | 2019 | points |