India: Real interest rate

(measure: percent; Source: The International Monetary Fund)
* indicates monthly or quarterly data series

India: Real interest rate: Bank lending rate minus inflation, 1978 - 2020:

For that indicator, we provide data for India from 1978 to 2020. The average value for India during that period was 5.83 percent with a minimum of -1.98 percent in 2010 and a maximum of 10.77 percent in 1978. The latest value from 2020 is 4.38 percent. For comparison, the world average in 2020 based on 94 countries is 7.26 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

Longer historical series

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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