(measure: percent; Source: The International Monetary Fund)
* indicates monthly or quarterly data series
Somalia: Real interest rate: Bank lending rate minus inflation
For that indicator, The International Monetary Fund provides data for Somalia from 1975 to 1988. The average value for Somalia during that period was -13.82 percent with a minimum of -46.49 percent in 1980 and a maximum of -2.55 percent in 1977.
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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.