Uganda: Real interest rate

The latest value from 2018 is 14.75 percent, a decline from 15.89 percent in 2017. In comparison, the world average is 5.96 percent, based on data from 116 countries. Historically, the average for Uganda from 1983 to 2018 is 2.15 percent. The minimum value, -53.44 percent, was reached in 1988 while the maximum of 23 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The 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. This indicator is expressed as a percentage (a÷b)*100.