Serbia: Real interest rate: Bank lending rate minus inflation
For that indicator, The International Monetary Fund provides data for Serbia from 1997 to 2015. The average value for Serbia during that period was -4.65 percent with a minumum of -26.63 percent in 2001 and a maximum of 4.2 percent in 2014.
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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.