Algeria vs Rwanda: Real interest rate
Real interest rate over time
- Algeria
- Rwanda
How they compare
Rwanda currently reports 7.3% against 7.2% in Algeria, a difference of 0.1%.
The two have swapped places 10 times across 29 shared years of data; in 1996 it was Rwanda ahead.
Algeria ranks 46th and Rwanda ranks 45th of 148 countries.
Rwanda has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Algeria | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.8% | 6.4% | 1.6% | Rwanda |
| 2000s | -0.1% | 8.7% | 8.8% | Rwanda |
| 2010s | 3.2% | 12.4% | 9.2% | Rwanda |
| 2020s | 1.2% | 6.3% | 5.2% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Algeria or Rwanda?
- Rwanda, at 7.3% against 7.2% in Algeria as of 2024.
- What is the difference in real interest rate between Algeria and Rwanda?
- 0.1%, with Rwanda ahead.
- How many years of comparable data are there for Algeria and Rwanda?
- 29 years are reported by both, from 1996 to 2024.
- How do Algeria and Rwanda rank globally for real interest rate?
- Algeria ranks 46th and Rwanda ranks 45th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.