China vs India: Real interest rate
Real interest rate over time
- China
- India
How they compare
India currently reports 5.6% against 5.2% in China, a difference of 0.4%.
That makes India's figure about 1.1 times China's.
The two have swapped places 6 times across 43 shared years of data; in 1980 it was India ahead.
China ranks 67th and India ranks 64th of 148 countries.
India has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.3% | 7.2% | 4.9% | India |
| 1990s | 1.7% | 6.3% | 4.6% | India |
| 2000s | 2.0% | 5.9% | 3.9% | India |
| 2010s | 2.0% | 4.4% | 2.3% | India |
| 2020s | 2.0% | 3.3% | 1.3% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, China or India?
- India, at 5.6% against 5.2% in China as of 2022.
- What is the difference in real interest rate between China and India?
- 0.4%, with India ahead.
- How many years of comparable data are there for China and India?
- 43 years are reported by both, from 1980 to 2022.
- How do China and India rank globally for real interest rate?
- China ranks 67th and India ranks 64th 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.