Australia vs Sweden: Real interest rate
Real interest rate over time
- Australia
- Sweden
How they compare
Sweden currently reports 1.9% against 1.6% in Australia, a difference of 0.3%.
That makes Sweden's figure about 1.2 times Australia's.
The two have swapped places 9 times across 15 shared years of data; in 1992 it was Sweden ahead.
Australia ranks 110th and Sweden ranks 108th of 148 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Sweden in 1.
Head to head by decade
| Decade | Australia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.2% | 7.7% | 0.5% | Sweden |
| 2000s | 3.4% | 3.3% | 0.1% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Australia or Sweden?
- Sweden, at 1.9% against 1.6% in Australia as of 2006.
- What is the difference in real interest rate between Australia and Sweden?
- 0.3%, with Sweden ahead.
- How many years of comparable data are there for Australia and Sweden?
- 15 years are reported by both, from 1992 to 2006.
- How do Australia and Sweden rank globally for real interest rate?
- Australia ranks 110th and Sweden ranks 108th 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 (aΓ·b)*100.