Real Interest Rate % — 2024

Top Country
Madagascar
48.66 %
Countries Ranked
85
World Bank data
Data Year
2024
Latest available
Source
World Bank
Open Data API

Top 20 — Real Interest Rate

Full Rankings Table

Rank Country Value Bar
1 Madagascar 48.66 %
2 Brazil 34.73 %
3 Azerbaijan 16.31 %
4 Gambia 15.32 %
5 Kyrgyzstan 14.36 %
6 Mozambique 14.33 %
7 Kenya 13.14 %
8 Timor-Leste 12.08 %
9 Rwanda 11.81 %
10 Armenia 11.59 %
11 Seychelles 10.63 %
12 Dominican Republic 10.53 %
13 Honduras 10.37 %
14 Malawi 9.92 %
15 Colombia 9.79 %
16 Georgia 9.61 %
17 Vanuatu 9.41 %
18 Eswatini 9.39 %
19 Sierra Leone 9.17 %
20 Uzbekistan 8.59 %
21 Brunei Darussalam 8.59 %
22 Guatemala 8.43 %
23 Grenada 8.25 %
24 Maldives 8.23 %
25 Indonesia 7.83 %
26 Qatar 7.77 %
27 Trinidad and Tobago 7.64 %
28 Namibia 7.46 %
29 South Africa 7.42 %
30 Lesotho 7.35 %
31 Costa Rica 7.28 %
32 Russian Federation 7.15 %
33 Guyana 6.92 %
34 Belize 6.92 %
35 Jamaica 6.80 %
36 Ukraine 6.51 %
37 Jordan 6.46 %
38 Norway 6.39 %
39 Cabo Verde 6.11 %
40 Iceland 6.07 %
41 Mexico 6.02 %
42 Kuwait 5.95 %
43 Macao 5.81 %
44 Bhutan 5.61 %
45 Mauritius 5.44 %
46 Uruguay 5.40 %
47 Saint Lucia 5.27 %
48 China 5.09 %
49 Algeria 4.47 %
50 Malaysia 4.46 %
51 Albania 4.00 %
52 Bahamas 3.95 %
53 Nicaragua 3.66 %
54 Thailand 3.55 %
55 Botswana 3.38 %
56 Dominica 3.37 %
57 Saint Vincent and the Grenadines 3.26 %
58 Italy 3.23 %
59 Bangladesh 2.78 %
60 Bolivia, Plurinational State of 2.60 %
61 Moldova, Republic of 2.20 %
62 North Macedonia 2.10 %
63 Hong Kong 1.84 %
64 Suriname 1.76 %
65 Montenegro 1.69 %
66 Switzerland 1.67 %
67 Papua New Guinea 1.49 %
68 Hungary 1.45 %
69 Belarus 1.13 %
70 Czechia 0.78 %
71 Korea, Republic of 0.63 %
72 Saint Kitts and Nevis 0.43 %
73 Antigua and Barbuda 0.32 %
74 Bosnia and Herzegovina 0.30 %
75 Sao Tome and Principe 0.12 %
76 Samoa 0.01 %
77 Tonga -0.45 %
78 Romania -0.75 %
79 Fiji -1.45 %
80 Bulgaria -2.49 %
81 Angola -4.18 %
82 Egypt -7.03 %
83 South Sudan -26.89 %
84 Argentina -47.43 %
85 Zimbabwe -85.89 %
About This Indicator

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.

Source: World Bank Development Indicators
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