* indicates monthly or quarterly data series

Real interest rate: Bank lending rate minus inflation, 2023:

The average for 2023 based on 5 countries was -1.99 percent. The highest value was in Hungary: 0.48 percent and the lowest value was in Bulgaria: -3.28 percent. The indicator is available from 1961 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source: The International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Real interest rate, 2023 Global rank Available data
Hungary 0.48 1 1988 - 2023
Italy -0.88 2 1989 - 2023
Romania -3.06 3 1993 - 2023
Czechia -3.21 4 1993 - 2023
Bulgaria -3.28 5 1992 - 2023



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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