Real interest rate - Country rankings
* indicates monthly or quarterly data series
Real interest rate: Bank lending rate minus inflation, 2021 - Country rankings:
The average for 2021 based on 22 countries was 1.57 percent.The highest value was in the Maldives: 11.9 percent and the lowest value was in Qatar: -15.21 percent. The indicator is available from 1961 to 2021. Below is a chart for all countries where data are available.Measure: percent; Source: The International Monetary Fund
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* indicates monthly or quarterly data series
Countries | Real interest rate, 2021 | Global rank | Available data |
---|---|---|---|
Maldives | 11.9 | 1 | 1996 - 2021 |
Bhutan | 11.19 | 2 | 1982 - 2021 |
Uzbekistan | 6.91 | 3 | 2013 - 2021 |
Macao | 6.04 | 4 | 1986 - 2021 |
Jordan | 5.65 | 5 | 1997 - 2021 |
Vietnam | 4.91 | 6 | 1993 - 2021 |
Armenia | 4.58 | 7 | 1995 - 2021 |
Hong Kong | 4.46 | 8 | 1990 - 2021 |
Bangladesh | 3.08 | 9 | 1976 - 2021 |
Indonesia | 2.74 | 10 | 1986 - 2021 |
Georgia | 1.56 | 11 | 2003 - 2021 |
Singapore | 1.17 | 12 | 1978 - 2021 |
Thailand | 1.16 | 13 | 1976 - 2021 |
Kyrgyzstan | 0.56 | 14 | 1996 - 2021 |
South Korea | 0.56 | 15 | 1996 - 2021 |
China | -0.02 | 16 | 1980 - 2021 |
India | -0.82 | 17 | 1978 - 2021 |
Pakistan | -1.32 | 18 | 2004 - 2021 |
Malaysia | -2.13 | 19 | 1969 - 2021 |
Azerbaijan | -3.9 | 20 | 1998 - 2021 |
Brunei | -8.64 | 21 | 1998 - 2021 |
Qatar | -15.21 | 22 | 2004 - 2021 |
Economic outlook around the world
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.
11.90
11.19
6.91
6.04
5.65
4.91
4.58
4.46
3.08
2.74
1.56
1.17
1.16
0.56
0.56
-0.02
-0.82
-1.32
-2.13
-3.90
-8.64
-15.21
-15.21
-8.4
-1.7
5.1
11.9
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