Australia vs Nicaragua: Real interest rate
Real interest rate over time
- Australia
- Nicaragua
How they compare
Australia currently reports 1.6% against 1.4% in Nicaragua, a difference of 0.2%.
That makes Australia's figure about 1.1 times Nicaragua's.
The two have swapped places 12 times across 32 shared years of data; in 1988 it was Nicaragua ahead.
Australia ranks 110th and Nicaragua ranks 111th of 148 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Nicaragua in 3.
Head to head by decade
| Decade | Australia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.5% | 269.9% | 263.4% | Nicaragua |
| 1990s | 7.7% | -22.8% | 30.5% | Australia |
| 2000s | 3.2% | 6.1% | 3.0% | Nicaragua |
| 2010s | 4.2% | 5.9% | 1.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Australia or Nicaragua?
- Australia, at 1.6% against 1.4% in Nicaragua as of 2019.
- What is the difference in real interest rate between Australia and Nicaragua?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and Nicaragua?
- 32 years are reported by both, from 1988 to 2019.
- How do Australia and Nicaragua rank globally for real interest rate?
- Australia ranks 110th and Nicaragua ranks 111th 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.